Fortune Bay Corp.

Fortune Bay Corp. provides an update regarding recent regulatory developments in the State of Chiapas, Mexico, that may affect the Company's Rio Negro concession , held through its wholly owned Mexican subsidiary, Linear Gold México, S.A. de C.V. On November 19, 2025, the Government of the State of Chiapas published a decree establishing a state-level protected natural area known as the Zona Sujeta a Conservación [...]

Fortune Bay is pleased to announce the adoption of its formal Environmental, Social & Governance Policy, strengthening the Company's commitment to responsible exploration and development across its portfolio of gold and uranium projects. The ESG Policy provides a clear framework for how Fortune Bay operates today and how it intends to advance its projects in alignment with community expectations, environmental [...]

Fortune Bay is pleased to announce the board of directors of the Company has approved the granting of 1,490,000 incentive stock options and 150,000 deferred share units pursuant to the Company's Stock Option Plan and DSU Plan to its directors, officers, contractors and employees. Directors and officers were awarded 1,210,000 of the Options which are exercisable at a price of $1.00 per share, expire on December 4, 2030 and [...]

Fortune Bay is pleased to announce the appointment of Patrick McGrath as CFO. Mr. McGrath succeeds Sarah Oliver, who will be stepping aside after serving as CFO since 2016. Ms. Oliver will remain involved over the coming months to ensure a smooth transition. Patrick McGrath - Experienced Resource-Sector Executive Mr. McGrath is a seasoned finance executive with over 25 years of experience in the resource industry. He has [...]

Exploration Program Targets Near-Mine Ounce Growth Fortune Bay Corp. is pleased to announce that exploration drilling has commenced on multiple high-priority exploration targets at its 100%-owned Goldfields Gold Project in northern Saskatchewan. The targets include opportunities for resource expansion at the Box and Athona deposits, and potential for the addition of new resources from underexplored historical occurrences [...]

Development-ready gold asset in premier mining jurisdiction with funded advancement plan; preparing to initiate project-development and exploration drill program Fortune Bay Corp. is pleased to announce that, following the completion of its $8 million bought-deal financing, the Company has initiated key technical work streams to advance the Goldfields Project toward a Pre-Feasibility Study in 2026. In parallel, permitting [...]

Fortune Bay is pleased to announce the closing of its previously announced "bought deal" private placement for aggregate gross proceeds of C$8,000,071. Pursuant to the Offering, the Company offered and sold the following: 1,438,900 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act at a price of $1.39 per FT Share, for gross proceeds of $2,000,071, and 6,000,000 common shares of [...]

Fortune Bay is pleased to announce filing of an independent NI 43-101 Updated PEA technical report for its 100% owned Goldfields Project. The Updated PEA technical report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects by Ausenco Engineering Canada, in collaboration with Moose Mountain Technical Services for the mine design, and SRK Consulting for the updated [...]

Fortune Bay is pleased to announce that it has entered into an agreement with Cormark Securities, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters in connection with a "bought deal" private placement of: 1,438,900 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act, at a price of $1.39 per FT Share, for gross proceeds of $2,000,071, and 6,000,000 [...]

Fortune Bay Cis pleased to announce that summer drilling has commenced at its Murmac Uranium Project. A limited suite of high priority targets has been selected for testing. Exploration work at Murmac is being funded by Aero Energy, and is being operated by Fortune Bay, under an Option Agreement that was executed on December 15, 2023. Gareth Garlick, VP Technical Services of Fortune Bay, commented, "This drilling program [...]