Fortune Bay Corp.

Fortune Bay Corp. wishes to announce that it has retained the services of Vancouver-based Mars Investor Relations Inc. , a full-service investor relations and consulting services company focused on the junior mining sector. Under the terms of the engagement agreement , the Company will compensate Mars $144,000 for the 12-month initial term of the Agreement and has granted Mars stock options exercisable to acquire an [...]

Fortune Bay Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $2,013,045 . The Company issued 1,215,869 units and 395,717 flow through shares. Each unit was issued at a price of $1.20 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant is exercisable into one common 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 $2,000,000 . The Company intends to issue units and flow through shares. Each unit will be issued at a price of $1.20 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant will be exercisable into one common share of [...]

Fortune Bay Corp. is pleased to announce gold assay, geochemical and petrography results for samples collected from historical drill core on its 100% owned Goldfields Project located in northern Saskatchewan. The samples were collected during October 2020 to verify historical assay results and to investigate the nature and distribution of gold mineralization. Outcomes from this work will help define methods and the [...]

Fortune Bay Corp. is pleased to announce drill targets for its 100% owned Goldfields Project located in northern Saskatchewan. The drill targets have been developed following a detailed review of the Project's historical exploration and drilling results which demonstrate potential to expand the mineral resources at both the Box and Athona gold deposits, in addition to regional targets on the Property. The Company is also [...]

Fortune Bay Corp. is pleased to announce that it has appointed Ms. Melinda Lee, CPA, CA, ICD.D and Mr. Robert Shaw, M.Sc. Economic Geology to its Board of Directors. Ms. Lee is a Chartered Professional Accountant with over 20 years of professional experience in both private and public companies, including nine years of experience at the Board of Director level. Ms. Lee's positions on public company boards has provided her [...]

Fortune Bay Corp. is pleased to announce plans for the second half of 2020, focused on advancing the Goldfields Project located in northern Saskatchewan. A location and infrastructure map for Goldfields is provided in Figure 1. Plans for the Goldfields Project in the upcoming months include the following: Mineral resource modelling and estimation, with the objective of completing an updated mineral resource estimate [...]

Fortune Bay Corp. announces that the Board of Directors of the Company has approved the granting of 500,000 incentive stock options pursuant to the Company's Stock Option Plan to Mr. Dale Verran. The Options are exercisable at a price of $0.79 per share and expire on June 15, 2025. 250,000 of the Options vest over a three-year period and 250,000 of the Options vest based on certain performance criteria being met. About [...]

Fortune Bay Corp. today announces the appointment of Mr. Dale Verran as its new Chief Executive Officer effective June 15, 2020. Mr. Verran has over twenty years of experience in the mining and mineral exploration industry in Canada and internationally, including fifteen years in executive management roles at private and public companies. Mr. Wade Dawe will step down as Chief Executive Officer and will continue with the [...]

Fortune Bay Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $2,750,000 . The Company issued 7,857,144 units at an issue price of $0.35 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant will be exercisable into one common share of the Company at an exercise price of [...]