Year: 2020
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.
View ReleaseFortune 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.
View ReleaseFortune 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.
View ReleaseFortune 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.
View ReleaseFortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) (“Fortune Bay” or the “Company”) is pleased to announce that it has appointed Ms. Melinda Lee, CPA, CA, ICD.D and Mr. Robert Shaw, M.Sc. Economic Geology to its Board of Directors.
View ReleaseFortune Bay Corp. (TSXV:FOR) (“Fortune Bay” or the “Company”) is pleased to announce plans for the second half of 2020, focused on advancing the Goldfields Project (“Goldfields” or the “Project”) located in northern Saskatchewan. A location and infrastructure map for Goldfields is provided in Figure 1.
View ReleaseFortune Bay Corp. (TSXV: FOR) (“Fortune Bay" or, the "Company") announces that the Board of Directors of the Company has approved the granting of 500,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan to Mr. Dale Verran. The Options are exercisable at a price of $0.79 per share and expire on June 15, 2025. 250,000 of the Options vest over a three-year period and 250,000 of the Options vest based on certain performance criteria being met.
View ReleaseFortune Bay Corp. (TSX-V: FOR) (“Fortune Bay” or the “Company”) today announces the appointment of Mr. Dale Verran as its new Chief Executive Officer effective June 15, 2020. Mr. Verran has over twenty years of experience in the mining and mineral exploration industry in Canada and internationally, including fifteen years in executive management roles at private and public companies.
View ReleaseFortune Bay Corp. (TSX-V: FOR) (“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 $2,750,000 (the "Offering"). The Company issued 7,857,144 units at an issue price of $0.35 per unit, with each unit comprised of one common share and one-half common share purchase warrant.
View ReleaseFortune Bay Corp. (TSX-V: FOR) (“Fortune” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $2,750,000 (the "Offering"). The Company intends to issue up to 7,857,143 units at an issue price of $0.35 per unit, with each unit comprised of one common share and one-half common share purchase warrant.
View ReleaseFortune Bay Corp. (TSX-V: FOR) (“Fortune” or the “Company”) today announced that it intends to defer its previously announced non-brokered private placement. The Company will consider a private placement at a future date when fewer economic and market uncertainties exist.
View ReleaseFortune Bay Corp. (TSX-V: FOR) (“Fortune” 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 up to 5,714,286 units at an issue price of $0.35 per unit, with each unit comprised of one common share and one-half common share purchase warrant.
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