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| | Corporate Profile: Fortune Minerals Ltd
Publisher: Kaiser Research Online
Author: Copyright 2013 John A Kaiser
|
| |
| Fortune Minerals Ltd (FT-T) |
|---|
| Trade Date | Volume | High | Low | Close | Chg | Status |
| April 17, 2024 | 182,200 | $0.04 | $0.03 | $0.04 | ($0.01) | Trading |
Issued
381,783,000 |
Price
$0.035 |
Working Capital
($13,426,033) |
Key People: Robin E. Goad (CEO), Glen Koropchuk (COO), David Massola (VP FI), Thomas R. Rinaldi (VP OP), |
Diluted
407,835,713 |
Insiders
11.6% |
As of
9/30/2022 |
| Company supplied Corporate Overview - not available |
| The free corporate profile serves as a fast gateway for KRO members via the map cards to resources such as the KRO Profile which includes financial, insider and project details as well as news releases and KRO comments for which headline links are provided below. Links to the company's web site and project web pages are available within this free corporate profile if the company has a multi-user corporate membership (they are always available in full member only KRO Profile). A corporate membership provides the company with complete multiple user access to KRO resources and entitles the company to provide a corporate overview for the subject company's unrestricted corporate profile. |
| Active Project List |
| Project | Country | State/Prov | Region | Net
Interest | Stage | IPV $
MM | Target Metals | Deposit Style | TSC |
| (Project Name has a link to its location in the Members only KRO Profile) |
 |
Nico |  | Canada | Northwest Territories | Great Bear Magmatic Zone | 89% WI | 8-Construction |
$18 | Cobalt Gold Bismuth Copper | |
 |
 |
Saskatchewan | | Canada | Alberta | Not Applicable | 100% WI | 8-Construction |
$16 | Gold Bismuth Copper | |
|
| Company Project Gateway |
| Nico Project |
|
Company Project Web Page - N/A |
|
Canada - Northwest Territories |
89% WI | 8-Construction |
Cobalt Gold Bismuth Copper | |
| Saskatchewan Project |
|
Company Project Web Page - N/A |
|
Canada - Alberta |
100% WI | 8-Construction |
Gold Bismuth Copper | |
| Apr 8, 2024 | Arrival of Samples at SGS Canada in Lakefield, Ontario for Metallurgical Testing |
| Feb 1, 2024 | Extends Option to Acquire Alberta Refinery Site for the NICO Critical Minerals Project |
| Dec 5, 2023 | Government Funding to Advance the NICO Critical Minerals Asset in Canada |
| Sep 29, 2023 | Fortune Minerals and Rio Tinto Collaborate to Expand North American Critical Minerals Production |
| Jul 27, 2023 | Extends Option to Acquire JFSL Alberta Refinery Site for the NICO Critical Minerals Project |
| Jun 29, 2023 | Results of Annual and Special Meeting of Shareholders |
| Jun 27, 2023 | Acquisition of Securities |
| May 23, 2023 | Files Year end and Q1 Financial Results |
| Apr 3, 2023 | Confirms Year end Filing Delay |
| Mar 24, 2023 | Provides Corporate Update |
| Mar 24, 2023 | Potential Year end Filing Delay |
| Dec 22, 2022 | Extends Option to Acquire the Alberta Refinery Site for the NICO Critical Minerals Project |
| Dec 16, 2022 | Acquisition of Securities of Fortune Minerals Limited |
| Dec 12, 2022 | Completion of 2015 Debentures Settlement |
| Dec 1, 2022 | Settlement of 2015 Debentures |
| Oct 3, 2022 | Extends Option to Acquire the Alberta Refinery Site for the NICO Critical Minerals Project |
| Aug 18, 2022 | Completion of 2015 Debentures Extension |
| Aug 16, 2022 | Negotiates Agreement in Principle to Extend the Term of Its 2015 Debentures |
| Jul 14, 2022 | Extends Purchase Option for NICO Refinery Site in Alberta Until the End of September |
| Jun 29, 2022 | Results of Annual General Meeting of Shareholders |
| Jun 8, 2022 | Updates NICO Refinery Site Due Diligence |
| May 19, 2022 | Provides Summary of Key Highlights of the Recent Cobalt Institute Cobalt Market Report 2021 |
| May 16, 2022 | Engages Haywood as Financial Advisor |
| Apr 20, 2022 | Confirms New Zone At NICO Project |
| Apr 12, 2022 | Welcomes Canada's C$3.8 Billion Critical Minerals Strategy to Support Domestic EV Supply Chains |
| Jan 24, 2022 | Secures Option to Purchase Brownfield Site in Alberta's Industrial Heartland for NICO Refinery |
| Dec 15, 2021 | Completes NICO Drill Program |
| Nov 30, 2021 | Procon Announces Filing of Early Warning Report |
| Nov 17, 2021 | Flow through Private Placement |
| Nov 5, 2021 | Tlicho All Season Highway to the Community of Whati Will Open to the Public November 30 |
| Oct 20, 2021 | Passing of Carl Clouter |
| Sep 23, 2021 | Start of NICO Drill Program |
| Jun 23, 2021 | The Results of Its Annual Meeting of Shareholders and Provides NICO Project Update |
| Jun 15, 2021 | Closes Private Placement for working capital and receives government grant to support drilling |
| Mar 17, 2021 | Five High Priority Drill Targets East of NICO Deposit From Modelling Geophysics |
| Feb 9, 2021 | 3rd Party Process Residue Disposal Option for Its NICO Project Refinery |
| Nov 12, 2020 | Successful Completion of NICO Geophysical Program and Identification of IOCG Targets |
| Sep 2, 2020 | Start of Nico Field Program |
| Aug 10, 2020 | NICO Exploration Program |
| Jun 24, 2020 | Results of Annual and Special Meeting of Shareholders |
| Jun 8, 2020 | COVID 19 Cost Saving Measures and Resumption of Tlicho All Season Road Construction |
| May 7, 2020 | Provides Nico Project Update |
| Mar 4, 2020 | Provides NICO Project Update |
| Dec 20, 2019 | Closes Additional Private Placement of Flow through Common Shares |
| Nov 21, 2019 | Signs Access Agreement With the Tlicho Government for the NICO Project Access Road |
| Nov 19, 2019 | Closes Flow Through Private Placement |
| Oct 3, 2019 | Provides NICO Cobalt Gold Bismuth Copper Project Technical Report Update |
| Aug 26, 2019 | Northwest Territories Government Holds Ground Breaking Ceremony for Tlicho All Season Road to Whati |
| Jul 18, 2019 | New Discovery at NICO |
| Jun 26, 2019 | Results of Annual General Meeting of Shareholders |
| Jun 6, 2019 | Nico Project Technical Report Update |
| May 3, 2019 | Confirms Gold Recovery from NICO Concentrates |
| Apr 23, 2019 | Completes Option Agreement to Purchase Alternative Site For Proposed Metal Processing Refinery |
| Mar 26, 2019 | Rural Municipality of Corman Park rejects plant site rezoning |
| Feb 14, 2019 | Northwest Territories Government Signs Contract To Construct Tlicho Road |
| Jan 30, 2019 | Socio Economic Agreement Completed with the Government of the Northwest Territories |
| Nov 15, 2018 | Northwest Territories Government Selection of Proponent to Construct Tlicho Road |
| Oct 30, 2018 | Federal, Northwest Territories and Tli?cho? Government Approvals for the Tli?cho? All Season Road |
| Oct 4, 2018 | NICO Community Education Programs |
| Sep 17, 2018 | DST Announces Preliminary Metallurgical Test Work Results with Fortune Minerals |
| Sep 17, 2018 | Successful Tests to Produce Upgraded and Clean Cobalt Concentrate From the Nico Project |
| Jul 11, 2018 | Advances NICO Project Environmental Work And Rezoning Required For Construction |
| Jun 20, 2018 | Results of Annual General Meeting of Shareholders |
| Jun 14, 2018 | Provides NICO Technical Report Update |
| Apr 19, 2018 | Provides Project Finance Update |
| Apr 4, 2018 | Tlicho All season Road Approval |
| Mar 27, 2018 | Update of NICO Project |
| Dec 15, 2017 | Completes $5M Private Placement |
| Nov 29, 2017 | $5M Private Placement |
| Nov 9, 2017 | Examines Higher Production Rate in NICO Feasibility |
| Sep 19, 2017 | All Season Road Milestone |
| Aug 24, 2017 | Provides NICO Project Update |
| Jun 22, 2017 | Results of Annual and Special Meeting of Shareholders |
| Jun 21, 2017 | Appoints Chief Operating Officer as it Prepares for Construction at the NICO Project |
| Apr 25, 2017 | Retains Hatch and Micon to Update NICO Feasibility Study to Support Project Financing |
| Mar 8, 2017 | Closing of Bought Deal Financing |
| Mar 6, 2017 | Bulletin 2017 0201: Additional Listing |
| Feb 22, 2017 | Filing of Amended and Restated Financial Statements |
| Feb 15, 2017 | Increased Size Of The Previously Announced Bought Deal Financing |
| Jan 18, 2017 | Appointment of PWC as Financial Advisor to Arrange NICO Project |
| Jan 12, 2017 | Federal Government Funding for Tlicho All Season Road to the Community |
| Sep 19, 2016 | Appointment Of Dave Massola As Vice President Finance & Chief Financial Officer |
| Sep 14, 2016 | Appointment of Glen Koropchuk to its Board Of Directors |
| Sep 6, 2016 | Appointment of Dave Massola as Vice President Finance & CFO |
| Aug 16, 2016 | Completes $1.25 Million Private Placement |
| Aug 3, 2016 | Extension of Warrants |
| Jun 22, 2016 | Results of Annual and Special Meeting of Shareholders |
| Apr 18, 2016 | Appointment Of Former Minister David Ramsay To The Board Of Directors |
| Apr 11, 2016 | Permitting Underway for Public Highway to Whati |
| Mar 18, 2016 | Extension of Warrants |
| Mar 9, 2016 | Completes First $500,000 Tranche Of $1 Million Private Placement |
| Jan 8, 2016 | Produces Premium Battery Grade Cobalt Sulphate Sample from NICO to Support off Take Discussions |
| Aug 26, 2015 | Sells Surplus Hemlo Equipment |
| Aug 13, 2015 | Completes Restructuring Agreement |
| Jul 3, 2015 | Receives Notice Of Default Under Prepay Facility And Reaches Agreement In Principle To Settle Debt Obligations |
| Jun 25, 2015 | Results of Annual Meeting of Shareholders and Provides Update of Revenue Silver Mine |
| May 5, 2015 | Fortune Minerals and POSCAN Complete Sale of Arctos Coal Licenses to BC Rail with a 10 year Repurchase Option |
| Apr 1, 2015 | 2014 Annual Financial Results |
| Mar 27, 2015 | Receives Additional Financing From Lascaux To Fund Revenue Silver Mine Working Capital |
| Feb 12, 2015 | Receives Additional Financing from Lascaux to Fund Revenue Silver Mine Working Capital |
| Nov 24, 2014 | Issues Shares |
| Nov 18, 2014 | Provides Corporate Update and Announces Third Quarter Financial Results |
| Nov 12, 2014 | Fortune Minerals receives share issuance approval to complete the purchase of the Revenue Silver Mine |
| Oct 16, 2014 | Closes Second and Final US$ 10 Million Tranche of Lascaux Financing |
| Oct 1, 2014 | Fortune Minerals Completes the Purchase of the Revenue Silver Mine In Colorado on Amended Terms and Closes US$ 25 Million Tranche of The US$ 35 Million Lascaux Financing |
| Sep 18, 2014 | Receives US$ 4 Billion Bridge Loan Installment Toward Lascaux Production Pre Pay Facility to Fund Revenue Silver Mine acquisition |
| Sep 11, 2014 | Tahltan Nation Welcomes Halt to Klappan Coal Permitting |
| Aug 20, 2014 | US$ 36 Million in Financings and Amended Terms to Acquire a 100% Interest in the Revenue Silver Mine in Southwest Colorado, U.S.A. |
| Aug 14, 2014 | Second Quarter Financial Results |
| Jul 31, 2014 | Extension of Revenue Silver Mine Purchase Agreement |
| Jul 24, 2014 | Preliminary Economic Assessment Report for the Revenue Silver Mine in Colorado |
| Jul 23, 2014 | Receives Final Water Licence Approval to Construct and Operate the NICO Mine |
| Jul 8, 2014 | Closing of the Second Tranche of the Procon Private Placement |
| Jun 25, 2014 | Results of Annual and Special Meeting of Shareholders |
| Jun 20, 2014 | Receives Final Land Use Permit and Water Licence Approvals to Construct and Operate the Nico Mine |
| May 13, 2014 | Audiocast of Conference Call on Revenue Silver Acquisition |
| May 12, 2014 | Conference Call on Revenue Silver Acquisition |
| May 9, 2014 | To Acquire Revenue Silver Mine In U.S.A. |
| May 7, 2014 | Files technical report for NICO project |
| May 5, 2014 | First quarter financial results |
| May 1, 2014 | U.S. Lead Free & European Union Reach Legislation Contributing to Bismuth Demand |
| Apr 4, 2014 | Global Electric Car Company Could Source Cobalt From New Langham, Saskatchewan Facility |
| Apr 2, 2014 | Positive Updated Micon Feasibility Study & Updated Reserves For The NICO Project |
| Mar 31, 2014 | 2013 Annual Financial Results |
| Feb 11, 2014 | Receives Environmental Assessment approval for Saskatchewan Metals Processing Plant |
| Jan 22, 2014 | Promotion of Adam Jean to Vice President Finance and Chief Financial Officer |
| Jan 9, 2014 | Receipt of Nico Project Interim Land Use Permit For Early Construction and Staging |
| Nov 14, 2013 | Awards NICO Detailed Engineering and Design Contract to Hatch |
| Nov 8, 2013 | Reports Third Quarter Financial Results |
| Oct 8, 2013 | Concludes Arctos Summer Environmental Assessment Field Work |
| Oct 3, 2013 | Sale of Camsell River Project |
| Sep 24, 2013 | Takes Voluntary Steps to Peacefully resolve Arctos Project Disturbance |
| Sep 19, 2013 | Welcomes BC Government Statement on Arctos Project |
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