/STATES/ Issued Capital: 302,085,257 LONDON, ON, Nov. 29, 2017 /CNW/ - Fortune Minerals Ltd. is pleased to announce that it is proposing to complete a $5,000,000 non-brokered private placement of units of securities of the Company . Up to 29,411,766 Units will be issued at a subscription price of $0.17 per Unit. Each Unit will consist of one common share of the Company and one-half warrant with each whole warrant [...]
Accelerating cobalt demand in lithium-ion batteries for electric vehicles is driving decision to examine the feasibility of expanding production by 20 to 30% to produce more cobalt units Issued Capital: 302,085,257 &nbs...
Critical Enabler for NICO Mine Operations Advancing to RFP Stage Issued Capital: 302,085,257 LONDON, ON, Sept. 19, 2017 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the Government of the Northwest Territories ("GNWT") has recently announced completion of another milestone toward construction of the Tlicho All-Season Road ("TASR") to the [...]
Fortune Minerals Ltd. is pleased to provide an update of activities for its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada. NICO is a vertically integrated development consisting of a planned mine and concentrator in the Northwest Territories and refinery near Saskatoon where concentrate will be processed to battery grade cobalt sulphate, gold, bismuth metal and oxide, and copper. NICO is a primary cobalt [...]
Issued Capital: 300,085,257 LONDON, ON, June 22, 2017 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2017 Annual and Special Meeting of shareholders held on June 21, 2017 (the "Meeting") were elected as directors of Fortune. Detailed results of the vote for the election of [...]
Company also hires Supply Chain Manager & reports internal promotions Issued Capital: 300,085,257 LONDON, ON, June 21, 2017 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that Mr. Glen Koropchuk has been appointed to the position of Technical Director and Chief Operating Officer ("COO") to lead development of the NICO [...]
Cobalt demand accelerating in batteries for automotive electrification and stationary storage Issued Capital: 300,085,257 LONDON, ON, April 25, 2017 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that Hatch Ltd. ("Hatch") and Micon International Limited ("Micon") have been engaged to update the Feasibility Study for the NICO [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ LONDON, ON, March 8, 2017 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has closed its previously announced short form prospectus offering (the "Offering") of units (the "Units") of the Corporation with Cormark Securities Inc. (the [...]
Issued Capital: 271,524,007 LONDON, ON, Feb. 21, 2017 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announced today it has filed amended and restated financial statements (together in each case with an amended corresponding management's discussion and analysis) (collectively, the Amended Financial Reports) for the year ended December 31, 2015, the quarter [...]
TORONTO, ONTARIO--(Marketwired - Feb. 15, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Fortune Minerals Ltd. (TSX:FT)(OTCQX:FTMDF) ("Fortune" or the "Company") is pleased to announce that it has agreed with Cormark Securities Inc. (the "Underwriter") to increase the size of the bought deal offering of units, announced on February 15, 2017, by 2,800,000 units ($700,000 ) to [...]
TORONTO, ONTARIO--(Marketwired - Feb. 15, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Fortune Minerals Ltd. (TSX:FT)(OTCQX:FTMDF) ("Fortune" or the "Company") is pleased to announce that it has entered into an agreement with Cormark Securities Inc. (the "Underwriters"), which has agreed to purchase, on a bought deal basis, 20 million units of Fortune (the "Units") at a [...]
Lithium-ion battery demand for cobalt and supply chain concerns contribute to favorable financing environment Issued Capital: 270,899,007 LONDON, ON, Jan. 18, 2017 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce the engagement of PricewaterhouseCoopers Corporate Finance Inc. ("PwCCF") as the Company's Financial Advisor to help secure [...]