Fortune Minerals Limited

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has entered into a binding offer letter (the “Agreement”) for a loan with a principal amount of C$3.8 million from Prosper NWT, a public agency of the Government of the Northwest Territories (“GNWT”) established to support the economic objectives of the GNWT in a manner that benefits the people and economy of the Northwest Territories (“NWT”). The loan will enable Fortune to complete the pu...

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) announces that it has retained P&E Mining Consultants Inc. (“P&E”) to prepare the new Mineral Reserve estimates, mine plan and production schedule for the updated NICO Project Feasibility Study currently in preparation by Worley Canada Services Ltd. (“Worley”) and other engineering companies. The NICO cobalt-gold-bismuth-copper critical minerals project (“NICO Project”) is comprised of a planned open pit and unde...

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that Mr. David Massola has rejoined the Company as Vice President, Business Development to assist with the transition of the vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project (“NICO Project”) to project finance and development. David Massola is a seasoned mining industry financial executive with decades of experience working for large multinational mining and processing companies, junior mining c...