/NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES/ Tesla validates EV demand while Fortune completes second tranche of private placement Issued Capital: 255,649,007 (including shares issued pursuant to private placement below) LONDON, ON, April 11, 2016 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that [...]
Fortune Minerals today announced that its board of directors has approved an extension of the expiry date of the outstanding 2,952,700 unlisted common share purchase warrants originally issued in April 2015 from April 1, 2016 to April 1, 2017. The exercise price of the Warrants remains unamended at $0.15 and no other changes will be made to the terms of the Warrants. The Warrants were issued...
/NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES/ Discussions continue with potential off-take customers for Company's planned battery-grade cobalt sulphate production and NICO project financing Issued Capital: 241,363,294 LONDON, ON, March 9, 2016 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it [...]
BDO has been appointed as the Company's Auditor to reduce administrative expenditures Issued Capital: 227,077,580 LONDON, ON, Jan. 8, 2016 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to report that SGS Canada Inc. ("SGS") has produced a premium high purity cobalt sulphate heptahydrate sample from cobalt sulphate product previously produced for [...]
Issued Capital: 222,077,580 LONDON, ON, Aug. 26, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has sold the remaining equipment it owns from the Golden Giant Mine at Hemlo, Ontario for proceeds of $415,000. This equipment was initially purchased to be used at the proposed NICO gold-cobalt-bismuth-copper development in the [...]
Issued Capital: 222,077,580 LONDON, ON, Aug. 13, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has completed the second and final stage of the restructuring agreement entered into with LRC-FRSM LLC ("Lascaux") and its other secured creditors to settle its secured debt obligations and remove the security over the Company's Canadian [...]
Issued Capital: 222,077,580 LONDON, ON, July 17, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has entered into a restructuring agreement with LRC-FRSM LLC ("Lascaux") and its other secured creditors to settle its secured debt obligations. The restructuring is being completed in two stages on terms commercially similar to that reported [...]
Issued Capital: 222,077,580 LONDON, ON, July 3, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that its wholly-owned subsidiary, Fortune Revenue Silver Mines, Inc. ("FRSMI"), the owner of the Revenue Silver Mine (the "RSM") in southwest Colorado, has received notice from LRC-FRSM LLC ("Lascaux") that events of default have occurred under the [...]
Issued Capital: 222,077,580 LONDON, ON, June 25, 2015 /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 2015 Annual General Meeting of shareholders held on June 23, 2015 (the "Meeting") were elected as directors of Fortune. Detailed results of the vote for the election of directors [...]
Sale provides additional liquidity for Fortune while preserving its rights to develop the project Issued Capital: 222,077,580 LONDON, ON, May 5, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) and POSCO Canada Limited ("POSCAN") are pleased to announce the completion of an agreement with the British Columbia Government with respect to their coal licenses [...]
LONDON, ON, April 1, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") is pleased to announce that its annual audited consolidated financial statements, annual information form, and management's discussion and analysis of financial condition and results of operations for the year ended December 31, 2014 have been filed and are available on SEDAR (www.sedar.com) and will be available [...]
The Revenue Silver Mine is continuing its ramp up to 400 tons per day Issued Capital: 214,822,180 LONDON, ON, March 27, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has closed an additional US$ 4 million financing from Lascaux Resource Capital Fund LP ("Lascaux") to provide working capital for the Revenue Silver Mine [...]