Last week’s other top-gaining stocks on the TSX were Nighthawk Gold, Katanga Mining, Avesoro Resources and eCobalt Solutions.
Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) 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 (“Units”).
By Pia Rivera
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
Robin Goad, president and CEO of Fortune Minerals, shares his thoughts on the cobalt market and the company’s NICO project.
By Shelly Kumar
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) 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 community of Whati. GNWT Minister of Finance, Robert C. McLeod, stated in March 2017 that, “Construction of the Tlicho All-Season Road is a priority
By Shelly Kumar
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) 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
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) 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-Gold-Bismuth-Copper Project. Mr. Koropchuk, who is also a director of the Company, has decades of global
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) 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 directors are
Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Metals & Mining industry. Companies recently under review include Potash Ridge, Canarc Resource, Richmont Mines, and
By Shelly Kumar
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has one of Canada’s few near-term primary cobalt development assets, the Nico project. Located in the Northwest Territories, the firm says that Nico is a shovel-ready project but will first need more financing. We hear from Robin Goad, president and CEO at Fortune
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) announces that Hatch Ltd. (“Hatch”) and Micon International Limited (“Micon”) have been engaged to update the Feasibility Study for the NICO Cobalt-Gold-Bismuth-Copper Project. Hatch has also been retained to conduct additional engineering work. The vertically integrated NICO Project consists of a planned mine
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
PDAC International Convention, Trade Show & Investors Exchange is the world’s leading Convention for people, companies and organizations in, or connected with, mineral exploration and finance.
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.