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Fortune Minerals Limited (FT.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.0800-0.0050 (-5.88%)
At close: 03:58PM EDT
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  • Business Wire

    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

  • The Canadian Press

    Canada and U.S. make first co-investment in critical minerals producers

    OTTAWA — The Canadian and U.S. governments say they're co-investing in critical mineral producers for the first time as they work to boost regional supplies. Natural Resources Canada and the U.S. Department of Defense are together putting a total of about $32.5 million into Fortune Minerals Ltd., working on a project with bismuth and cobalt in the Northwest Territories, and Lomiko Metals Inc., focused on a graphite project in Quebec. Natural Resources Minister Jonathan Wilkinson says the collabo

  • Business Wire

    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