Fortune Minerals Ltd.

Fortune Minerals Ltd. is pleased to report additional process optimization test work validation for the NICO cobalt-gold-bismuth-copper critical minerals project in Canada . The test work was completed at SGS Canada Inc. in Lakefield, Ontario and proved additional enhancements to the cobalt, gold and copper circuits and recoveries for the planned Alberta Hydrometallurgical Facility, expanding on the improvements already [...]

Fortune Minerals Ltd. reports that the nominees listed in the management information circular for the 2025 Annual Meeting of Shareholders held on June 24, 2025 were elected as directors of Fortune. Detailed results of the vote based on proxies received are set out below: Nominee Votes For % For Votes Withheld % Withheld Robin E. Goad 121,187,661 94.69% 6,795,181 5.31% Glen Koropchuk 125,590,337 98.13% 2,392,505 1.87% John [...]

Fortune Minerals Ltd. is pleased to report that metallurgical test work validation is essentially complete for the bismuth circuits for the Company's 100% owned NICO cobalt-gold-bismuth-copper critical minerals project in Canada . The Process Design Criteria has been compiled and delivered to Worley Canada Services Ltd. to engineer the facilities and incorporate them into the Company's updated Feasibility Study. With 12 [...]

Fortune Minerals Ltd. is pleased to comment on the recent commodity price activity for the metals contained in its vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project in Canada. The NICO Project is a development stage asset comprised of a planned open pit and underground mine and concentrator in the Northwest Territories and a dedicated hydrometallurgical recovery plant in Lamont County [...]

Fortune Minerals Ltd. is pleased to provide an update of ongoing work on the vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project in Canada . The NICO Project is comprised of a planned mine and concentrator in the Northwest Territories and a hydrometallurgical processing facility in Lamont County, Alberta where concentrates from the mine, and other feed sources, will be processed to value-added [...]

Fortune Minerals Ltd. is pleased to announce that it has drawn down an additional C$1,575,000 from its convertible security funding agreement with Lind Global Fund II, LP, managed by The Lind Partners . The proceeds from this Second Convertible Security drawdown will be used for general working capital purposes and to pre-fund some of the government supported work on the vertically integrated NICO [...]

Fortune Minerals Ltd. is pleased to announce that it has retained Worley Canada Services Ltd. to conduct additional engineering and lead the preparation of an updated Feasibility Study for the NICO Cobalt-Gold-Bismuth-Copper Project in Canada . The NICO Project is an advanced Critical Minerals development comprised of a planned mine and concentrator in the Northwest Territories and a hydrometallurgical recovery plant in [...]

Fortune Minerals Ltd. is pleased to announce that it has entered into a new option agreement with JFSL Field Services ULC to purchase the brownfield industrial site in Lamont County, Alberta where it plans to construct its hydrometallurgical refinery . The Alberta Refinery would process metal concentrates from Fortune's planned NICO cobalt-gold-bismuth-copper mine and concentrator in the Northwest Territories and provide [...]

Fortune Minerals Ltd. announces that the option to purchase the JFSL Field Services ULC brownfield industrial site in Lamont County, Alberta could not be completed before the expiry of the option on June 30, 2024. Both, Fortune and JFSL remain willing and able to complete a different transaction that would enable the Company to complete the purchase under a new arrangement as soon as possible. Fortune will provide an [...]

Fortune Minerals Ltd. reports that the nominees listed in the management information circular for the 2024 Annual Meeting of Shareholders held on June 25, 2024 were elected as directors of Fortune. Detailed results of the vote based on proxies received are set out below: Nominee Votes For % For Votes Withheld % Withheld Robin E. Goad 131,382,847 99.39% 806,875 0.61% Glen Koropchuk 128,779,281 97.42% 3,410,441 2.58% John [...]