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Fortune Minerals Ltd
617 Wellington Street
Phone: (519) 858-8188p:519 858-8188 LONDON, ON  N6A 3R6  Canada Ticker: FTFT
Business Summary
Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
1041 Gold ores
1021 Copper ores
1221 Bituminous coal and lignite surface mining
1099 Miscellaneous metal ores, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board MahendraNaik 66 9/6/2016 3/16/2006
President, Chief Executive Officer, Director Robin E.Goad 66 10/1/1988 10/1/1988
Interim Chief Financial Officer PatriciaPenney 6/1/2020 6/1/2020
6 additional Officers and Directors records available in full report.

General Information
Number of Employees: 3 (As of 12/31/2023)
Outstanding Shares: 509,822,892 (As of 11/14/2024)
Shareholders: 1,283
Stock Exchange: TSE
Fax Number: (519) 858-8155


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Thursday, November 21, 2024