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Fortune Minerals Limited (FMP.F)

0.0250

-0.0005

(-1.96%)

At close: January 10 at 8:07:45 AM GMT+1

Fortune Minerals Provides Update on NICO Project in Canada

Fortune Minerals (FT.TO) said Wednesday that it continues to advance the development of the NICO cob

PREMIUM
MT Newswires 3 days ago

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Fortune Minerals Provides an Update of NICO Project Test Work, Rio Tinto Process Collaboration & Feasibility Study

LONDON, Ontario, January 08, 2025--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to provide an update of ongoing work on the vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project in Canada ("NICO Project"). The NICO Project is comprised of a planned mine and concentrator in the Northwest Territories ("NWT") and a hydrometallurgical processing facility in Lamont County, Alberta where concentrates from

Business Wire 3 days ago

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Fortune Minerals Announces Second Draw From Convertible Securities Agreement With The Lind Partners

LONDON, Ontario, December 23, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has drawn down an additional C$1,575,000 (the "Second Convertible Security") from its convertible security funding agreement with Lind Global Fund II, LP, managed by The Lind Partners (together, "Lind") (see news release dated May 22, 2024). The proceeds from this Second Convertible Security drawdown will be used for general w

Business Wire 19 days ago

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Fortune Minerals Retains Worley to Update the NICO Project Feasibility Study and Alberta Site Permitting

LONDON, Ontario, October 07, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has retained Worley Canada Services Ltd. ("Worley") to conduct additional engineering and lead the preparation of an updated Feasibility Study for the NICO Cobalt-Gold-Bismuth-Copper Project in Canada ("NICO Project"). The NICO Project is an advanced Critical Minerals development comprised of a planned mine and concentrator in

Business Wire 3 months ago

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Fortune Minerals Completes New Option Agreement to Acquire the JFSL Alberta Refinery Site for the NICO Project

LONDON, Ontario, August 19, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has entered into a new option agreement with JFSL Field Services ULC ("JFSL") to purchase the brownfield industrial site in Lamont County, Alberta where it plans to construct its hydrometallurgical refinery ("Alberta Refinery"). The Alberta Refinery would process metal concentrates from Fortune’s planned NICO cobalt-gold-bismuth

Business Wire 4 months ago

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Alberta Refinery Site Option for NICO Project Has Expired

LONDON, Ontario, July 01, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that the option to purchase the JFSL Field Services ULC ("JFSL") brownfield industrial site in Lamont County, Alberta could not be completed before the expiry of the option on June 30, 2024. Both, Fortune and JFSL remain willing and able to complete a different transaction that would enable the Company to complete the purchase under a new arrangement

Business Wire 6 months ago

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Fortune Minerals Announces Results of Annual Meeting of Shareholders

LONDON, Ontario, June 26, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2024 Annual Meeting of Shareholders held on June 25, 2024 (the "Meeting") were elected as directors of Fortune. Detailed results of the vote based on proxies received are set out below:

Business Wire 6 months ago

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Fortune Minerals Inks Convertible Securities Funding Agreement for Up to $10 Million With Lind Partners

Fortune Minerals Inks Convertible Securities Funding Agreement for Up to $10 Million With Lind Partners

PREMIUM
MT Newswires 7 months ago

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Fortune Minerals Enters Into Convertible Securities Funding Agreement for up to C$10 Million With Lind Partners

LONDON, Ontario, May 22, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has entered into a convertible securities agreement with Lind Global Fund II, LP, managed by The Lind Partners (together, "Lind") for up to C$10,000,000. Fortune has received an initial C$1.25 million in exchange for the issuance of a first convertible security, and subject to the agreement of both parties, additional drawdowns can

Business Wire 7 months ago

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US, Canada co-invest in Fortune Minerals, Lomiko projects

The funding to Fortune is aimed at advancing the NICO cobalt-gold-bismuth-copper project in Canada towards construction.

Mining Technology 7 months ago

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Update: Fortune Minerals and Lomiko Metals Hit 52 Week Highs As Both Awarded Funding From Canada and U.S. Governments

Update: Fortune Minerals and Lomiko Metals Hit 52 Week Highs As Both Awarded Funding From Canada and U.S. Governments

PREMIUM
MT Newswires 7 months ago

FTMDF
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LMRMF
Fortune Minerals Up 42% After Reporting Funding from Canada and the US for its NICO Critical Minerals Project Development

Fortune Minerals Up 42% After Reporting Funding from Canada and the US for its NICO Critical Minerals Project Development

PREMIUM
MT Newswires 7 months ago

FTMDF
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Fortune Minerals Announces Government of Canada Funding for the NICO Critical Minerals Project

LONDON, Ontario, May 16, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has secured additional funding from the Government of Canada to help advance the Company’s 100%-owned, vertically integrated NICO cobalt-gold-bismuth-copper Critical Minerals asset in Canada ("NICO Project"). The Government of Canada has agreed to provide contribution funding for up to C$7.5 million to support 75% of the costs for

Business Wire 7 months ago

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Fortune Minerals Announces U.S. Government Funding to Accelerate the NICO Critical Minerals Project Development

LONDON, Ontario, May 16, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that the United States Department of Defense ("DoD") has awarded the Company a US$6,380,555 (~C$8.74 million) grant under the Defense Production Act ("DPA") Title III program to expand the domestic capacity and production of cobalt for the battery and high strength alloy supply chains. This non-dilutive source of capital will allow Fortune

Business Wire 7 months ago

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Fortune Minerals Announces Arrival of Samples at SGS Canada in Lakefield, Ontario for Metallurgical Testing

LONDON, Ontario, April 08, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce the successful delivery of ore samples from the NICO cobalt-gold-bismuth-copper deposit ("NICO Deposit") in the Northwest Territories ("NWT") to SGS Canada Inc. in Lakefield, Ontario. These ores will be used to conduct additional metallurgical testing and pilot work to validate recent optimizations and support detailed engineering and an

Business Wire 8 months ago

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Fortune Minerals Extends Option to Acquire Alberta Refinery Site for the NICO Critical Minerals Project

LONDON, Ontario, February 01, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) has secured an additional extension to the option to purchase the JFSL Field Services ULC ("JFSL") brownfield industrial site in Lamont County, Alberta (see news release dated January 24, 2022). Fortune plans to construct a hydrometallurgical refinery at this site to process concentrates from the Company’s NICO cobalt-gold-bismuth-copper critical minerals d

Business Wire 11 months ago

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Performance Overview

Return	FMP.F	S&P/TSX Composite index
YTD	+13.64%	+0.60%
1-Year	+13.64%	+18.10%
3-Year	-73.82%	+17.47%

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Fortune Minerals Limited (FMP.F)

Fortune Minerals Provides Update on NICO Project in Canada

Fortune Minerals Provides an Update of NICO Project Test Work, Rio Tinto Process Collaboration & Feasibility Study

Fortune Minerals Announces Second Draw From Convertible Securities Agreement With The Lind Partners

Fortune Minerals Retains Worley to Update the NICO Project Feasibility Study and Alberta Site Permitting

Fortune Minerals Completes New Option Agreement to Acquire the JFSL Alberta Refinery Site for the NICO Project

Alberta Refinery Site Option for NICO Project Has Expired

Fortune Minerals Announces Results of Annual Meeting of Shareholders

Fortune Minerals Inks Convertible Securities Funding Agreement for Up to $10 Million With Lind Partners

Fortune Minerals Enters Into Convertible Securities Funding Agreement for up to C$10 Million With Lind Partners

US, Canada co-invest in Fortune Minerals, Lomiko projects

Update: Fortune Minerals and Lomiko Metals Hit 52 Week Highs As Both Awarded Funding From Canada and U.S. Governments

Fortune Minerals Up 42% After Reporting Funding from Canada and the US for its NICO Critical Minerals Project Development

Fortune Minerals Announces Government of Canada Funding for the NICO Critical Minerals Project

Fortune Minerals Announces U.S. Government Funding to Accelerate the NICO Critical Minerals Project Development

Fortune Minerals Announces Arrival of Samples at SGS Canada in Lakefield, Ontario for Metallurgical Testing

Fortune Minerals Extends Option to Acquire Alberta Refinery Site for the NICO Critical Minerals Project

Performance Overview