Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) 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 “Underwriter”), acting as underwriter, on a bought deal basis. The Company has issued 25,800,000
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Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has filed amended and restated financial statements (together in each case with an amended corresponding management’s discussion and analysis) for the year ended Dec. 31, 2015, the quarter ended March 31, 2016, the quarter ended June 30, 2016, and the quarter ended Sept.
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) 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 22,800,000 units (“Units”) of the Company at
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) 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 purchase price of $0.25 per Unit (the
A recent article in The Globe & Mail highlighted Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF).
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has engaged PricewaterhouseCoopers Corporate Finance Inc. (PwCCF) as the company’s financial adviser to help secure financing for construction of the Nico cobalt-gold-bismuth-copper project in Canada. PwCCF has a global network of more than 2,500 professionals across 60 countries to provide in-depth execution and
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has provided an update. The government of Canada, the government of the Northwest Territories (GNWT) and the Tlicho government have jointly announced federal funding for the construction of the Tlicho All-Season Road (“TASR”) to the community of Whati (See January 11, 2017 news
What will happen to the cobalt market next year? Fortune’s Minerals Troy Nazarewicz provides some insight.
By Nick Smith
Cobalt does not usually get much attention from investors. Recent news about Tesla’s (NASDAQ:TSLA) and worldwide demand for lithium ion batteries has driven the price of lithium and the companies producing and exploring for the resource to new highs. However, analysts and experts have been looking at the battery supply
Fortune Minerals Limited (TSX: FT) announced today that it has added Glen Koropchuk to its board of directors. Koropchuk is a mining engineer with nearly 30 years of executive management, mine operations, project management and corporate social investment work.
According to the press release:
Glen Koropchuk has had prodigious global experience within
By Jocelyn Aspa
Fortune Minerals (TSX:FT) has announced that it has completed a fully subscribed $1.25 million non-brokered private placement of units, with a total of 12,500,000 units issued at a subscription price of $0.10 per unit.
As quoted in the press release:
Each Unit consists of one common share of the Company and one-half
Fortune Minerals Ltd. (TSX:FT,OTCQX:FTMDF) announced that the Northwest Territories’ Department of Transportation has submitted the permit applications required to build a highway to the community of Whati.
Fortune Minerals Ltd. (TSX:FT,OTCQX:FTMDF) announced that it’s completed the first tranche of an anticipated $1-million non-brokered private placement of its capital stock. The first tranche brought in $500,000.