Company Press Releases

Fortune Minerals Extends Option to Acquire the Alberta Refinery Site for the NICO Critical Minerals Project

2022-10-03 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that, due to the current economic and capital market volatility, it has secured an additional extension to the option to purchase the JFSL Fiel...Read More

Fortune Minerals Announces Completion of 2015 Debentures Extension

2022-08-18 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that, further to the company's news release dated August 16, 2022, it has executed definitive documentation with the holders of its debent...Read More

Fortune Minerals Negotiates Agreement in Principle to Extend the Term of Its 2015 Debentures

2022-08-16 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has reached an agreement in principle with the holders of its debentures issued in 2015 (the “2015 Debentures”) to extend...Read More

Fortune Minerals Extends Purchase Option for NICO Refinery Site in Alberta Until the End of September

2022-07-14 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has secured a two-month extension to the option period to purchase the JFSL Field Services ULC (“JFSL”) brownfield site i...Read More

Fortune Minerals Announces Results of Annual General Meeting of Shareholders

2022-06-29 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2022 Annual General Meeting of shareholders held on June 28, 2022 (the “Meeting...Read More

Fortune Minerals Updates NICO Refinery Site Due-Diligence

2022-06-08 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to report that due-diligence activities are advancing on the Company’s proposed new refinery site location in Lamont County in Alberta’s Indu...Read More

Fortune Minerals Provides Summary of Key Highlights of the Recent Cobalt Institute Cobalt Market Report 2021

2022-05-19 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to provide a summary of the key highlights from the Cobalt Institute’s (“CI”) Cobalt Market Report 2021 (access report here) released...Read More

Fortune Minerals Engages Haywood as Financial Advisor

2022-05-16 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has engaged Haywood Securities Inc. (“Haywood”) to act as financial advisor to the Company to support its near-term finan...Read More

Fortune Minerals Confirms New Zone At NICO Project

2022-04-20 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to report results from the 2021 drill program on its 100%-owned NICO Critical Minerals project (“NICO Project”) in the Northwest Territories...Read More

Fortune Minerals Welcomes Canada's C$3.8 Billion Critical Minerals Strategy to Support Domestic EV Supply Chains

2022-04-12 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to report on the C$3.8 billion of financial support for Critical Minerals announced in last week’s Government of Canada budget for 2022 (“202...Read More

Fortune Minerals Secures Option to Purchase Brownfield Site in Alberta's Industrial Heartland for NICO Refinery

2022-01-24 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has entered into an option agreement with JFSL Field Services ULC (“JFSL”), a wholly-owned subsidiary of a large internat...Read More

Fortune Minerals Completes NICO Drill Program

2021-12-15 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to report that it has completed the previously announced drill program on the NICO Cobalt-Gold-Bismuth-Copper Project (“NICO Project”) in Can...Read More

Fortune Minerals Flow-Through Private Placement

2021-11-17 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has closed a private placement of 3,571,399 common shares issued at a price of C$ 0.14 per share on a “flow-through” basi...Read More

Fortune Minerals Announces Tlicho All-Season Highway to the Community of Whati Will Open to the Public November 30

2021-11-05 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to report that the Tlicho all-season road linking the community of Whati to the national highway system will open to the public on November 30, 2021 (see N...Read More

Fortune Minerals Announces the Passing of Carl Clouter

2021-10-20 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is announcing with deep sorrow that Carl Clouter, one of the Company’s founding directors, passed away on October 15, 2021, at the age of 78 after a brave figh...Read More

Fortune Minerals Announces Start of NICO Drill Program

2021-09-23 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has initiated an approximately 3000 metre drill program on the Company’s NICO Cobalt-Gold-Bismuth-Copper Deposit (“NICO D...Read More

Fortune Minerals Reports the Results of Its Annual Meeting of Shareholders and Provides NICO Project Update

2021-06-23 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to report the results of its Annual Meeting of Shareholders held on June 22, 2021 (the “Meeting”), and provide a summary of work on its 100%...Read More

Fortune Minerals Closes Private Placement for Working Capital and Receives Government Grant to Support Drilling

2021-06-15 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has closed a private placement offering of units, consisting of one common share of the Company and one-half of one warrant. A total of...Read More

Fortune Minerals Announces Five High Priority Drill Targets East of NICO Deposit From Modelling Geophysics

2021-03-17 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to report that Aurora Geosciences Ltd. (“Aurora”) has completed three-dimensional (“3-D”) modelling and interpretation of the d...Read More

Fortune Minerals Announces 3rd Party Process Residue Disposal Option for Its NICO Project Refinery

2021-02-09 / @businesswire

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has received indicative terms from a large waste disposal and environmental services company to dispose of the process residue from the...Read More

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