Fortune Bay Corp.

HALIFAX, NS, Jan. 26, 2024 /CNW/ - Fortune Bay Corp. announces that the board of directors of the Company has approved the granting of 1,230,000 incentive stock options pursuant to the Company's Stock Option Plan to its directors, officers, contractors and employees. Directors and officers were awarded 1,010,000 of the Options which are exercisable at a price of $0.23 per share, expire on January 25, 2029 and vest over a [...]

Fortune Bay Corp. is pleased to announce the acquisition of the Pine Uranium Project through staking over the past several months. The Project is located within the north-central margin of the Athabasca Basin, proximal to the Company's recently announced Spruce Uranium Project. Pine Uranium Project Highlights: Large-scale land package covering 17,688 hectares located in proximity to the northern rim of the Athabasca Basin [...]

Fortune Bay Corp. is pleased to announce the acquisition of the Spruce Uranium Project through staking over the past several months. The Project is located within the north-central margin of the Athabasca Basin, near the community of Fond du Lac, and comprises four mineral claims covering 6,855 hectares . Highlights: Located in proximity to the northern rim of the Athabasca Basin with potential for high-grade [...]

Fortune Bay Corp. is pleased to announce that it has entered into a definitive option agreement , dated December 15, 2023, with 1443904 B.C. Ltd. , an arms-length private company. Pursuant to the Agreement, the Optionee will be granted the right to acquire up to a 70% interest in the Company's wholly owned Murmac and Strike Uranium Projects over a three-and-a-half-year period by funding C$6 million in exploration [...]

Fortune Bay Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $700,000 . The Company issued 3,043,481 units at an issue price of $0.23 per unit, with each unit comprised of one common share and one common share purchase warrant. Each warrant will be exercisable into one common share of the Company at an exercise price of $0.30 per share [...]

Fortune Bay Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $700,000 . The Company intends to issue up to 3,043,478 units at an issue price of $0.23 per unit, with each unit comprised of one common share and one common share purchase warrant. Each warrant will be exercisable into one common share of the Company at an exercise price of $0.30 [...]

Fortune Bay Corp. is pleased to announce a significant expansion of its 100% owned Murmac Uranium Project through recent successful staking efforts. The Project area now totals 10,363 hectares, representing a 95% increase in area from 2022. The Project is located on the northern rim of the Athabasca Basin in Saskatchewan, approximately 10 kilometres south of Uranium City . Dale Verran, CEO for Fortune Bay, commented "We [...]

HALIFAX, NS, Aug. 8, 2023 /CNW/ - Fortune Bay Corp. today provides a corporate update on its exploration and development projects in Saskatchewan, Canada and Chiapas, Mexico. Dale Verran, CEO, commented, "Fortune Bay is pleased to provide an update on current activities and plans for its projects aiming to; create value through focussed exploration, achieve transactional success, and minimize dilution to shareholders. The [...]

Fortune Bay Corp. announces that the board of directors of the Company has approved the granting of 1,100,000 incentive stock options pursuant to the Company's Stock Option Plan to its directors, officers, contractors and employees. Directors and officers were awarded 800,000 of the Options which are exercisable at a price of $0.325 per share, expire on January 25, 2028 and vest over a three-year period. About Fortune Bay [...]

Fortune Bay Corp. is pleased to announce analytical results from a prospecting program completed in Fall 2022 on the 100% owned Murmac Uranium Project , located in northern Saskatchewan . Analytical results from surface rock samples have been received from the laboratory which include highlights of: 8.82% U3O8 from a boulder sample on the Armbruster Corridor providing compelling support for the presence of high-grade [...]