Fortune Bay announces that it has initiated a strategic review process to explore alternatives for the enhancement of shareholder value. The review will consider various alternatives for the Company, including the potential sale of the Company's exploration assets, and any other options identified by executive management with the fundamental objective of realizing the best value for the Company's shareholders. Deloitte [...]
Fortune Bay Corp. announces that given its recent listing on the Toronto Stock Exchange, it has received an exemption from holding an annual shareholders meeting in 2014 from the TSX. Pursuant to the applicable corporate laws, the Company will hold its first annual meeting of shareholders on or before June 2015.
Fortune Bay is pleased to announce that it has completed its previously announced non-brokered flow-through financing for aggregate gross proceeds to the Company of $450,000. The Company issued 1,607,144 units at an issue price of $0.28 per unit, with each unit comprised of one flow-through share and one-half of one warrant. Each whole warrant will be exercisable into a common share of the Company at an exercise price of [...]
Fortune Bay is pleased to announce that it intends to complete a non-brokered flow-through financing for aggregate gross proceeds to the Company of $431,250. The Company intends to issue 1,725,000 units at an issue price of $0.25 per unit, with each unit comprised of one flow-through share and one-half of one warrant. Each whole warrant will be exercisable into a common share of the Company at an exercise price of $0.30 [...]
Fortune Bay is pleased to report that as a result of the completion of the plan of arrangement involving the Company, Brigus Gold and Primero Mining, Fortune Bay became a reporting issuer in each of the provinces of Canada. The Toronto Stock Exchange has approved the listing of the common shares of Fortune Bay and the Company expects that the Fortune Bay common shares will commence trading on Monday, March 17, 2014 under [...]
Primero Mining is pleased to announce the successful completion of the previously announced plan of arrangement, whereby Primero has acquired all of the outstanding shares of Brigus Gold. Brigus' principal assets are the wholly owned Black Fox mine and mill, and adjoining properties, Grey Fox and Pike River in the Timmins Gold District of Ontario. As of today, and including the 41,340,664 Primero common shares issued as [...]
Primero and Brigus are pleased to announce the positive results of their respective shareholder votes to approve the previously announced plan of arrangement, whereby Primero will acquire all of the outstanding common shares of Brigus. The acquisition is expected to close on March 5, 2014. Brigus' principal assets are the wholly owned Black Fox mine and mill, and adjoining properties, Grey Fox and Pike River in the [...]
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