March 17, 2021

Fortune Bay Begins Phase One Drilling at Goldfields Project

Fortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) (“Fortune Bay” or the “Company”) is pleased to announce that the Phase 1 drilling program has commenced at its 100% owned Goldfields Project (“Goldfields” or the “Project”) located in northern Saskatchewan. The Company plans to complete approximately 5,000 metres in 15 holes.

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March 5, 2021

Fortune Bay Announces Grant of Stock Options

Fortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) (“Fortune Bay” or the “Company”) announces that the board of directors of the Company has approved the granting of 350,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan to its directors, officers, contractors and employees.

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February 26, 2021

Fortune Bay Commences Mobilization for Phase One Drilling at Goldfields Project

Fortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) (“Fortune Bay” or the “Company”) is pleased to announce that it has received a drilling permit for its Goldfields Project (“Goldfields” or the “Project”) located in northern Saskatchewan (see Figure 1). The Company has commenced mobilization for a Phase 1 drilling program.

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January 7, 2021

Fortune Bay Announces Retention of Mars Investor Relations Inc.

Fortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) (“Fortune Bay” or the “Company”) wishes to announce that it has retained the services of Vancouver-based Mars Investor Relations Inc. (“Mars”), a full-service investor relations and consulting services company focused on the junior mining sector.

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December 18, 2020

Fortune Bay Announces Closing of Non-brokered Private Placement

Fortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) (“Fortune Bay” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $2,013,045 (the "Offering"). The Company issued 1,215,869 units and 395,717 flow through shares.

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November 30, 2020

Fortune Bay to Complete Non-brokered Private Placement

Fortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) (“Fortune Bay” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $2,000,000 (the "Offering"). The Company intends to issue units and flow through shares. Each unit will be issued at a price of $1.20 per unit, with each unit comprised of one common share and one-half common share purchase warrant.

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November 25, 2020

Fortune Bay Announces Drill Core Resampling Results for the Goldfields Project

Fortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) (“Fortune Bay” or the “Company”) is pleased to announce gold assay, geochemical and petrography results for samples collected from historical drill core on its 100% owned Goldfields Project (“Goldfields” or the “Project”) located in northern Saskatchewan. The samples were collected during October 2020 to verify historical assay results and to investigate the nature and distribution of gold mineralization.

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October 13, 2020

Fortune Bay Announces Exploration Drill Targets for the Goldfields Project and Provides Update on Mineral Resource Estimate

Fortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) (“Fortune Bay” or the “Company”) is pleased to announce drill targets for its 100% owned Goldfields Project (“Goldfields” or the “Project”) located in northern Saskatchewan. The drill targets have been developed following a detailed review of the Project’s historical exploration and drilling results which demonstrate potential to expand the mineral resources at both the Box and Athona gold deposits, in addition to regional targets on the Property.

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