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Fortune Bay Corp. (V:FOR)

Business Focus: Diversified Mining

Get the company report for the most recent outlook updated daily
Feb 21, 2024 06:00 am ET
FORTUNE BAY ANNOUNCES ADDITIONAL URANIUM STAKING AND PROVIDES UPDATE FOR MURMAC AND STRIKE URANIUM PROJECTS
HALIFAX, NS, Feb. 21, 2024 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce the acquisition of two additional uranium projects through staking on the north-central margin of the Athabasca Basin, in proximity to the Company's recently announced Spruce, Pine and Aspen Uranium Projects (Figure 1).
Feb 05, 2024 06:00 am ET
FORTUNE BAY ACQUIRES THE ASPEN URANIUM PROJECT IN NORTHERN SASKATCHEWAN
HALIFAX, NS, Feb. 5, 2024 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce the acquisition of the Aspen Uranium Project ("Aspen" or the "Project"). The Project is located within the north-central margin of the Athabasca Basin, proximal to the Company's recently announced Spruce Uranium Project and Pine Uranium Project.
Jan 26, 2024 03:30 pm ET
FORTUNE BAY ANNOUNCES GRANT OF STOCK OPTIONS
HALIFAX, NS, Jan. 26, 2024 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) ("Fortune Bay" or the "Company") announces that the board of directors of the Company has approved the granting of 1,230,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan to its directors, officers, contractors and employees.  Directors and officers were awarded 1,010,000 of the Options which are exercisable at a price of $0.23 per share, expire on January 25, 2029 and vest over a three-year period.  
Jan 22, 2024 08:02 am ET
FORTUNE BAY ANNOUNCES ACQUISITION OF THE PINE URANIUM PROJECT IN NORTHERN SASKATCHEWAN
HALIFAX, NS, Jan. 22, 2024 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce the acquisition of the Pine Uranium Project ("Pine" or the "Project") through staking over the past several months. The Project is located within the north-central margin of the Athabasca Basin, proximal to the Company's recently announced Spruce Uranium Project.
Jan 10, 2024 06:00 am ET
FORTUNE BAY ANNOUNCES ACQUISITION OF THE SPRUCE URANIUM PROJECT IN NORTHERN SASKATCHEWAN
HALIFAX, NS, Jan. 10, 2024 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce the acquisition of the Spruce Uranium Project ("Spruce" or the "Project") through staking over the past several months. The Project is located within the north-central margin of the Athabasca Basin, near the community of Fond du Lac, and comprises four mineral claims covering 6,855 hectares (Figure 1).
Dec 18, 2023 06:00 am ET
FORTUNE BAY ANNOUNCES OPTION AGREEMENT FOR THE MURMAC AND STRIKE URANIUM PROJECTS
HALIFAX, NS, Dec. 18, 2023 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce that it has entered into a definitive option agreement (the "Agreement"), dated December 15, 2023, with 1443904 B.C. Ltd. (the "Optionee"), an arms-length private company. Pursuant to the Agreement, the Optionee will be granted the right to acquire up to a 70% interest in the Company's wholly owned Murmac and Strike Uranium Projects (the "Projects") over a three-and-a-half-year period by funding C$6 million in exploration expenditures, making cash
Oct 30, 2023 08:17 am ET
FORTUNE BAY ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT
HALIFAX, NS, Oct. 30, 2023 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("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 $700,000 (the "Offering"). The Company issued 3,043,481 units at an issue price of $0.23 per unit, with each unit comprised of one common share and one common share purchase warrant.  Each warrant will be exercisable into one common share of the Company at an exercise price of $0.30 per share for a period of two years. The proceeds from the p
Oct 13, 2023 09:08 am ET
FORTUNE BAY ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
HALIFAX, NS, Oct. 13, 2023 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("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 $700,000 (the "Offering"). The Company intends to issue up to 3,043,478 units at an issue price of $0.23 per unit, with each unit comprised of one common share and one common share purchase warrant. Each warrant will be exercisable into one common share of the Company at an exercise price of $0.30 per share for a period of two years. The proceeds fro
Sep 26, 2023 07:00 am ET
FORTUNE BAY EXPANDS THE MURMAC URANIUM PROJECT
HALIFAX, NS, Sept. 26, 2023 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce a significant expansion of its 100% owned Murmac Uranium Project ("Murmac" or the "Project") through recent successful staking efforts. The Project area now totals 10,363 hectares, representing a 95% increase in area from 2022. The Project is located on the northern rim of the Athabasca Basin in Saskatchewan, approximately 10 kilometres south of Uranium City (Figure 1).
Aug 08, 2023 07:00 am ET
FORTUNE BAY PROVIDES CORPORATE UPDATE
HALIFAX, NS, Aug. 8, 2023 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") today provides a corporate update on its exploration and development projects in Saskatchewan, Canada and Chiapas, Mexico.
Feb 08, 2023 03:00 pm ET
The Power Play by The Market Herald Releases New Interviews with Fancamp Exploration, Fortune Bay and Datametrex AI Discussing Their Latest News
VANCOUVER, BC / ACCESSWIRE / February 8, 2023 / The Power Play by The Market Herald has announced the release of new interviews with Fancamp Exploration, Fortune Bay and Datametrex AI discussing their latest news.
Jan 27, 2023 07:01 am ET
FORTUNE BAY ANNOUNCES GRANT OF STOCK OPTIONS
HALIFAX, NS, Jan. 27, 2023 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") announces that the board of directors of the Company has approved the granting of 1,100,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan to its directors, officers, contractors and employees. Directors and officers were awarded 800,000 of the Options which are exercisable at a price of $0.325 per share, expire on January 25, 2028 and vest over a three-year period.  
Jan 23, 2023 06:00 am ET
FORTUNE BAY ANNOUNCES PROSPECTING RESULTS FROM MURMAC URANIUM PROJECT
HALIFAX, NS, Jan. 23, 2023 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce analytical results from a prospecting program completed in Fall 2022 on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).
Dec 13, 2022 06:00 am ET
FORTUNE BAY CONFIRMS NEAR-SURFACE URANIUM MINERALIZATION IN MULTIPLE DRILL HOLES ON THE MURMAC URANIUM PROJECT
HALIFAX, NS, Dec. 13, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce analytical results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).
Dec 07, 2022 06:00 am ET
FORTUNE BAY CONFIRMS URANIUM MINERALIZATION FROM MAIDEN DRILL PROGRAM ON THE STRIKE URANIUM PROJECT
HALIFAX, NS, Dec. 7, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce analytical results from the 2022 maiden drilling program on the 100% owned Strike Uranium Project ("Strike" or the "Project"), located in northern Saskatchewan (see Figure 1).
Nov 29, 2022 06:00 am ET
FORTUNE BAY ANNOUNCES AGREEMENT WITH YA' THI NÉNÉ LANDS AND RESOURCES, ATHABASCA FIRST NATIONS AND COMMUNITIES
HALIFAX, NS, Nov. 29, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce its conclusion of an Exploration Agreement (the "Agreement") that formalizes the Company's relationship with Ya' thi Néné Lands and Resources ("YNLR"), Hatchet Lake Denesułiné First Nation, Black Lake Denesułiné First Nation, Fond du Lac Denesułiné First Nation (the "Athabasca First Nations") and the Northern Hamlet of Stony Rapids, the Northern Settlement of Uranium City, the Northern Settlement of Wollaston Lake and the Northern Settlement of
Nov 25, 2022 06:00 am ET
FORTUNE BAY FILES NI 43-101 PEA TECHNICAL REPORT FOR THE GOLDFIELDS PROJECT, SASKATCHEWAN
HALIFAX, NS, Nov. 25, 2022 /CNW Telbec/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce filing of an independent Preliminary Economic Assessment ("PEA") technical report for its 100% owned Goldfields Project ("Goldfields" or the "Project") located near Uranium City, Saskatchewan.
Nov 01, 2022 07:00 am ET
FORTUNE BAY ANNOUNCES POSITIVE PEA FOR GOLDFIELDS PROJECT, SASKATCHEWAN
Average Annual Gold Production of 101 koz, After-Tax NPV5% of C$285M, and IRR of 35.2%
Aug 23, 2022 07:00 am ET
FORTUNE BAY INTERSECTS NEAR-SURFACE ELEVATED RADIOACTIVITY IN MULTIPLE DRILL HOLES AT THE MURMAC URANIUM PROJECT
HALIFAX, NS, Aug. 23, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce initial drilling results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figures 1 and 2).
Jun 28, 2022 07:00 am ET
FORTUNE BAY INTERSECTS ELEVATED RADIOACTIVITY IN MAIDEN DRILL PROGRAM AT THE STRIKE URANIUM PROJECT
HALIFAX, NS, June 28, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce initial drill results for its 100% owned Strike Uranium Project ("Strike" or the "Project"), located in northern Saskatchewan (see Figures 1 and 2). A total of nine drill holes were completed comprising 2,064 metres. Results included shallow intersections of elevated radioactivity, between 35 and 95 metres below surface, within favorable geological settings for high-grade, basement hosted deposits typical of the Athabasca Basin.
Jun 27, 2022 07:00 am ET
FORTUNE BAY BEGINS TRADING ON OTCQX MARKET
HALIFAX, NS, June 27, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce that effective today it has qualified to trade on the OTCQX® Best Market under the symbol "FTBYF". Fortune Bay upgraded to OTCQX from the Pink® market. Fortune Bay's common shares will continue to trade on the TSX Venture Exchange under the symbol FOR and on the Frankfurt Stock Exchange under the symbol 5QN.
Jun 27, 2022 07:00 am ET
OTC Markets Group Welcomes Fortune Bay Corp. to OTCQX
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Fortune Bay Corp. (TSX-V: FOR; FWB: 5QN; OTCQX: FTBYF), an exploration and development company, has qualified to trade...
Jun 16, 2022 06:00 am ET
FORTUNE BAY ANNOUNCES INITIAL DRILL TARGETS FOR THE MURMAC URANIUM PROJECT
HALIFAX, NS, June 16, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) ("Fortune Bay" or the "Company") is pleased to announce initial drill targets for its 100% owned Murmac Uranium Project ("Murmac" or the "Project") located in northern Saskatchewan (see Figures 1 and 2).
May 24, 2022 09:02 am ET
FORTUNE BAY COMMENCES MAIDEN EXPLORATION DRILLING AT THE STRIKE URANIUM PROJECT
HALIFAX, NS, May 24, 2022 /CNW Telbec/ - Fortune Bay Corp. (TSXV: FOR), (FWB: 5QN) ("Fortune Bay" or the "Company") is pleased to announce commencement of maiden exploration drilling on its 100% owned Strike Uranium Project ("Strike" or the "Project"), located in northern Saskatchewan (see Figure 1 and 2). The Project has potential for high-grade, basement-hosted uranium deposits typical of the Athabasca Basin.
Apr 26, 2022 06:00 am ET
FORTUNE BAY ANNOUNCES INITIAL DRILL TARGET AREAS AND 2022 DRILLING PLANS FOR THE STRIKE URANIUM PROJECT
HALIFAX, NS, April 26, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) ("Fortune Bay" or the "Company") is pleased to announce initial drill target areas and 2022 drilling plans for its 100% owned Strike Uranium Project ("Strike" or the "Project"), located in northern Saskatchewan (see Figure 1 and 2).
Apr 11, 2022 08:59 am ET
FORTUNE BAY COMMENCES PRELIMINARY ECONOMIC ASSESSMENT FOR GOLDFIELDS PROJECT, SASKATCHEWAN
HALIFAX, NS, April 11, 2022 /CNW/ - Fortune Bay Corp. (TSXV:FOR) (FWB:5QN) ("Fortune Bay" or the "Company") is pleased to announce commencement of a Preliminary Economic Assessment ("PEA" or the "Study") for its 100% owned Goldfields Gold Project ("Goldfields" or the "Project") located in northern Saskatchewan. The Company has appointed Ausenco Engineering Canada Inc. ("Ausenco") to lead the Study, with SRK Consulting (Canada) Inc. ("SRK") to complete an updated Mineral Resource Estimate ("MRE") and Moose Mountain Technical Services ("MMTS") to undertake mine design and mine planning. The PE
Mar 07, 2022 05:00 am ET
FORTUNE BAY INTERSECTS 13.22 G/T GOLD OVER 8 METRES IN ADDITIONAL STEP-OUT HOLES AT BOX, GOLDFIELDS PROJECT
HALIFAX, NS, March 7, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) ("Fortune Bay" or the "Company") is pleased to announce gold assay results for the remaining four step-out drill holes completed at the Box gold deposit ("Box"), located on the Company's Goldfields Project ("Goldfields" or the "Project") in northern Saskatchewan (Figure 1). The drill holes are part of the Phase 1 resource expansion program completed in 2021.
Jan 24, 2022 05:00 am ET
FORTUNE BAY COMMENCES 2022 FIELD PROGRAMS ON ITS URANIUM AND GOLD PROJECTS IN SASKATCHEWAN
HALIFAX, NS, Jan. 24, 2022 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) ("Fortune Bay" or the "Company") is pleased to announce that Phase 2 exploration drilling has commenced on its Goldfields Gold Project, and a ground gravity survey has begun on its Strike Uranium Project. Both Projects are located in northern Saskatchewan, within 25 kilometres of Uranium City where the Company has an established operational base (see Figure 1).
Dec 17, 2021 03:23 pm ET
FORTUNE BAY ANNOUNCES GRANT OF STOCK OPTIONS
HALIFAX, NS, Dec. 17, 2021 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) ("Fortune Bay" or the "Company") announces that the board of directors of the Company has approved the granting of 1,040,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan to its directors, officers, contractors and employees.  Directors and officers were awarded 700,000 of the Options which are exercisable at a price of $0.70 per share, expire on December 17, 2026 and vest over a three-year period.  
Dec 15, 2021 05:00 am ET
FORTUNE BAY ANNOUNCES 2022 EXPLORATION PLANS FOR ITS URANIUM AND GOLD PROJECTS IN SASKATCHEWAN
HALIFAX, NS, Dec. 15, 2021 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) ("Fortune Bay" or the "Company") is pleased to announce 2022 exploration plans for its three 100% owned Projects located in northern Saskatchewan (see Figures 1 and 2). These include the Strike and Murmac (formerly Goldfields West) Uranium projects, and the Goldfields Gold project (collectively the "Projects"). The Projects are all located within 25 kilometres of Uranium City, where the Company has established an operational base.
Dec 02, 2021 04:25 pm ET
Fortune Bay Announces Closing of $6,863,700 Non-Brokered Private Placement
HALIFAX, NS, Dec. 2, 2021 /CNW/ - 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 (the "Offering") for aggregate gross proceeds of $6,863,700. The Company issued 4,669,231 units and 4,972,338 flow through shares.  Each unit was issued at a price of $0.65 per unit, with each unit comprised of one common share and one-half common share purchase warrant.  Each whole warrant will be exercisable into one common share of the Company at an exercise price of $0.85 per sha
Nov 15, 2021 07:25 am ET
Fortune Bay to Increase Non-Brokered Private Placement
HALIFAX, NS, Nov. 15, 2021 /CNW/ - Fortune Bay Corp. (TSXV:FOR) (Frankfurt: 5QN) ("Fortune Bay" or the "Company") is pleased to announce that it intends to increase the non-brokered private placement (the "Offering"), previously announced on November 1, 2021,  to aggregate gross proceeds of approximately $6,860,000. The Company intends to issue 4,669,231 units and 4,972,338 flow through shares.  Each unit will be issued at a price of $0.65 per unit, with each unit comprised of one common share and one-half common share purchase warrant.  Each whole warrant will be exercisable into one common
Nov 01, 2021 06:00 am ET
Fortune Bay to Complete Non-Brokered Private Placement
HALIFAX, NS, Nov. 1, 2021 /CNW Telbec/ - 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 $5,500,000 (the "Offering"). The Company intends to issue up to 3,076,923 units and up to 4,545,454 flow through shares.  Each unit will be issued at a price of $0.65 per unit, with each unit comprised of one common share and one-half common share purchase warrant.  Each whole warrant will be exercisable into one common share of the Company at an exerci
Sep 28, 2021 06:00 am ET
Fortune Bay Announces Goldfields West Uranium Project, Northern Saskatchewan
HALIFAX, NS, Sept. 28, 2021 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (Frankfurt: 5QN) ("Fortune Bay" or the "Company") is pleased to announce identification of the Goldfields West Uranium Project ("Goldfields West" or the "Project").
Sep 16, 2021 06:00 am ET
Fortune Bay Announces Acquisition of the Strike Uranium Project Near Uranium City, Northern Saskatchewan
HALIFAX, NS, Sept. 16, 2021 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (Frankfurt: 5QN) ("Fortune Bay" or the "Company") is pleased to announce the acquisition of the Strike Uranium Project ("Strike" or the "Project") through claim staking. The Project covers an area of approximately 10,000 hectares and is located 25 kilometres west of Uranium City and the Company's flagship Goldfields Project in northern Saskatchewan.
Sep 14, 2021 09:27 am ET
Fortune Bay Intersects 8.00 g/t Gold over 12 Metres in Initial Step-Out Holes at Box, Goldfields Project
Halifax, Nova Scotia--(Newsfile Corp. - September 14, 2021) - Fortune Bay Corp. (TSXV: FOR) (FSE: 5QN) ("Fortune Bay" or the "Company") is pleased to announce gold assay results for the first three step-out drill holes completed at the Box gold deposit ("Box"), located on the Company's Goldfields Project ("Goldfields" or the "Project") in northern Saskatchewan (Figure 1). The drill holes are part of the ongoing Phase 1 resource expansion program which is expected to include approximately 5,000 metres of drilling.
Jun 15, 2021 06:00 am ET
Fortune Bay Announces Expansion of the Athona Deposit From Phase 1 Drilling Results, Goldfields Project
HALIFAX, NS, June 15, 2021 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (Frankfurt: 5QN) ("Fortune Bay" or the "Company") is pleased to announce Phase 1 drilling results for the Athona gold deposit ("Athona") located on the Company's Goldfields Project ("Goldfields" or the "Project") in northern Saskatchewan (Figure 1). A total of six diamond drill holes (1,170 metres) on an approximate 50 metre spacing were completed at the Athona South target during March and April 2021 with the primary objectives of validating historical results and commencing resource expansion to the south.
May 04, 2021 09:11 pm ET
Fortune Bay Announces Filing of Technical Report for Goldfields Property
HALIFAX, NS, May 4, 2021 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (Frankfurt: 5QN) ("Fortune Bay" or the "Company") today announces that it filed a Technical Report under Canadian Securities Administrators' National Instrument 43-101 Standard of Disclosure for Mineral Projects for the Goldfields property ("Goldfields") located in northern Saskatchewan, Canada.  The Technical Report is titled "Technical Report: Resource Estimate for the Goldfields Project" with an effective date of May 4, 2021. The Technical Report was prepared by SRK Consulting (Canada) Inc. ("SRK") and supports the new mineral
Mar 22, 2021 06:00 am ET
Fortune Bay Reports New Mineral Resource Estimate for Goldfields, Including Approximately One Million Indicated Ounces of Gold
Mar 17, 2021 06:00 am ET
Fortune Bay Begins Phase One Drilling at Goldfields Project
HALIFAX, NS, March 17, 2021 /CNW/ - 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.
Mar 05, 2021 06:54 am ET
Fortune Bay Announces Grant of Stock Options
HALIFAX, NS, March 5, 2021 /CNW/ - 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.  Directors and officers were awarded 230,000 of the Options which are exercisable at a price of $1.10 per share, expire on March 4, 2026 and vest over a three-year period.                                                                     
Feb 26, 2021 05:00 am ET
Fortune Bay Commences Mobilization for Phase One Drilling at Goldfields Project
HALIFAX, NS, Feb. 26, 2021 /CNW/ - 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.
Jan 07, 2021 04:00 pm ET
Fortune Bay Announces Retention of Mars Investor Relations Inc.
HALIFAX, NS, Jan. 7, 2021 /CNW/ - 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.   Under the terms of the engagement agreement (the "Agreement"), the Company will compensate Mars $144,000 for the 12-month initial term of the Agreement and has granted Mars stock options (the "Options") exercisable to acquire an aggregate of 250,000 common shares at a
Dec 18, 2020 03:32 pm ET
Fortune Bay Announces Closing of Non-Brokered Private Placement
HALIFAX, NS, Dec. 18, 2020 /CNW/ - 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.  Each unit was issued at a price of $1.20 per unit, with each unit comprised of one common share and one-half common share purchase warrant.  Each whole warrant is exercisable into one common share of the Company at an exercise price of $1.60 per share f
Nov 30, 2020 07:27 am ET
Fortune Bay to Complete Non-Brokered Private Placement
HALIFAX, NS, Nov. 30, 2020 /CNW/ - 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.  Each whole warrant will be exercisable into one common share of the Company at an exercise price of $1.60 per share for a p
Nov 25, 2020 05:00 am ET
Fortune Bay Announces Drill Core Resampling Results for the Goldfields Project
HALIFAX, NS, Nov. 25, 2020 /CNW/ - 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. Outcomes from this work will help define methods and the overall approach for an updated National Instrumen
Oct 13, 2020 09:21 am ET
Fortune Bay Announces Exploration Drill Targets for the Goldfields Project and Provides Update on Mineral Resource Estimate
HALIFAX, NS, Oct. 13, 2020 /CNW/ - 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.
Oct 02, 2020 07:41 am ET
Fortune Bay Announces Appointment of Directors and Listing on Frankfurt Exchange
HALIFAX, NS, Oct. 2, 2020 /CNW/ - Fortune 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. 
Jul 28, 2020 08:00 am ET
Fortune Bay announces plans for the Goldfields Project in H2 2020
  
Jun 16, 2020 08:40 pm ET
Fortune Bay Corp. Announces Grant of Stock Options
HALIFAX, NS, June 16, 2020 /CNW/ - Fortune 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.
May 14, 2020 08:00 am ET
Fortune Bay Appoints Dale Verran as Chief Executive Officer
HALIFAX, May 14, 2020 /CNW/ - Fortune Bay Corp. (TSXV: 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. 
May 07, 2020 05:17 pm ET
Fortune Bay Announces Closing of Non-Brokered Private Placement
HALIFAX, May 7, 2020 /CNW/ - Fortune Bay Corp. (TSXV: 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.  Each whole warrant will be exercisable into one common share of the Company at an exercise price of $0.50 per share for a period of three years. Directors of the Company subscribed for
Apr 13, 2020 05:04 pm ET
Fortune Bay to Complete Non-Brokered Private Placement
HALIFAX, April 13, 2020 /CNW/ - Fortune Bay Corp. (TSXV: 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.  Each whole warrant will be exercisable into one common share of the Company at an exercise price of $0.50 per share for a period of three years. 
Mar 20, 2020 08:02 am ET
Fortune Bay Announces Deferral of Non-Brokered Private Placement
HALIFAX, March 20, 2020 /CNW/ - Fortune Bay Corp. (TSXV: 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.
Feb 28, 2020 06:22 am ET
Fortune Bay to Complete Non-Brokered Private Placement
HALIFAX, Feb. 28, 2020 /CNW/ - Fortune Bay Corp. (TSXV: 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.  Each whole warrant will be exercisable into one common share of the Company at an exercise price of $0.50 per share for a period of three years. 
Oct 15, 2019 05:00 pm ET
Fortune Bay Corp. Announces Grant of Stock Options
HALIFAX, Oct. 15, 2019 /CNW/ - Fortune Bay Corp. (TSXV: FOR) ("Fortune Bay" or, the "Company") announces that the board of directors of the Company has approved the granting of 250,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan. Directors, officers and employees were awarded 100,000, 100,000 and 50,000 stock options respectively. The Options are exercisable at a price of $0.31 per share, expire on October 11, 2024 and vest over a three-year period.   
Mar 05, 2018 04:19 pm ET
Fortune Bay Corp. Announces Grant of Stock Options
HALIFAX, March 5, 2018 /CNW/ - Fortune Bay Corp. (TSXV: FOR) ("Fortune Bay" or, the "Company") announces that the board of directors of the Company has approved the granting of 175,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan.  Directors, officers and employees were awarded 100,000, 50,000 and 25,000 stock options respectively. The Options are exercisable at a price of $0.45 per share, expire on March 5, 2023 and vest over a three-year period.   
Feb 22, 2018 02:47 pm ET
Fortune Bay announces the closing of private placement
HALIFAX, Feb. 22, 2018 /CNW/ - Fortune Bay Corp. (TSXV: 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 $915,000 (the "Offering"). The Company issued 2,287,500 units at an issue price of $0.40 per unit, with each unit comprised of one common share and one common share purchase warrant.  Each warrant will be exercisable into one common share of the Company at an exercise price of $0.60 per share for a period of three years.  The securities issued in connection with the priva
Feb 15, 2018 07:27 am ET
Fortune Bay Announces an Increase to Non-Brokered Private Placement
HALIFAX, Feb. 15, 2018 /CNW/ - Fortune Bay Corp. (TSXV: FOR) ("Fortune" or the "Company") announces that it is increasing its previously announced non-brokered private placement to aggregate gross proceeds of up to $915,000 from $750,000 (the "Offering"). The Company intends to issue 2,287,500 units at an issue price of $0.40 per unit, with each unit comprised of one common share and one common share purchase warrant. Each warrant will be exercisable into one common share of the Company at an exercise price of $0.60 per share for a period of three years. 
Jan 22, 2018 04:07 pm ET
Fortune Bay to complete non-brokered private placement
HALIFAX, Jan. 22, 2018 /CNW/ - Fortune Bay Corp. (TSXV: 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 $750,000 (the "Offering"). The Company intends to issue 1,875,000 units at an issue price of $0.40 per unit, with each unit comprised of one common share and one common share purchase warrant.  Each warrant will be exercisable into one common share of the Company at an exercise price of $0.60 per share for a period of three years. 
Jul 11, 2016 08:48 pm ET
Fortune Bay Corp. Announces Grant of Stock Options
HALIFAX, July 11, 2016 /CNW/ - Fortune Bay Corp. (TSXV: FOR) ("Fortune Bay" or, the "Company") announces that the board of directors of the Company has approved the granting of 1,000,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan. Directors, officers and employees were awarded 200,000, 700,000 and 100,000 stock options respectively. The Options are exercisable at a price of $0.40 per share, expire on July 11, 2021 and vest over a thirty-six-month period.   
Jun 28, 2016 04:41 pm ET
Fortune Bay Corp. Early Warning Press Release
HALIFAX, June 28, 2016 /CNW/ - Wade Dawe ("Dawe"), personally and through holding companies Kelligrew Inc., 0718187 BC Ltd., Brigus Capital Inc. and Wade K. Dawe Inc., acquired ownership of a total of 2,806,168 common shares (the "Common Shares") of Fortune Bay Corp. (the "Issuer") in connection with the Transaction (as hereinafter defined), in accordance with the terms of the transaction agreement dated February 9, 2016 among kneat.com, inc. ("Old Fortune"), Kneat Solutions Limited ("Kneat") and the Issuer, pursuant to which, the Old Fortune has (i) spun-out its resources properties by way
Jun 28, 2016 03:52 pm ET
BEEK Investments Limited holds 34.2% of kneat.com, inc. (formerly, Fortune Bay Corp.)
HALIFAX, June 28, 2016 /CNW/ - BEEK Investments Limited ("BEEK") announced the acquisition of 13,536,023 common shares (the "Common Shares") of kneat.com, inc. (formerly, Fortune Bay Corp.) (the "Company"), representing approximately 34.2% of the issued and outstanding Common Shares of the Company on a non-diluted basis. The acquisition was effected in connection with the Transaction (as hereinafter defined), in accordance with the terms of the transaction agreement dated February 9, 2016 among the Company, Kneat Solutions Limited ("Kneat") and Fortune Bay Corp. (formerly, 9617337 Canada Lim
Jun 27, 2016 06:37 pm ET
kneat.com announces completion of arrangement and merger
HALIFAX, June 27, 2016 /CNW/ - kneat.com, inc. (formerly, Fortune Bay Corp.) (TSX: FOR) ("kneat.com" or the "Company") is pleased to announce the completion of the previously announced transaction (the "Transaction"), pursuant to which, among other things, the Company has: (i) spun-out its resource properties by way of a court-approved plan of arrangement in Ontario (the "Arrangement"); and (ii) acquired 100% of the issued and outstanding ordinary shares (the "Kneat Shares") of Kneat Solutions Limited ("Kneat") by way of a concurrent scheme of arrangement in Ireland (the "Merger").
Jun 16, 2016 02:11 pm ET
Fortune Bay Reports Results of Annual and Special Meeting of Shareholders
HALIFAX, June 16, 2016 /CNW/ - Fortune Bay Corp. ("Fortune Bay" or the "Company") (TSX: FOR) is pleased to provide the voting results of the annual and special meeting of shareholders of the Company held on June 15, 2016 in Halifax, Nova Scotia.
Jun 13, 2016 07:20 pm ET
Fortune Bay Corp. Provides an Update on the Transaction with Kneat Solutions Limited
HALIFAX, June 13, 2016 /CNW/ - Fortune Bay Corp. ("Fortune Bay" or the "Company") (TSX: FOR) is pleased to provide the following update on the transaction with Kneat Solutions Limited and the spin-out of Fortune Bay's mining assets as more particularly described in the management information circular of the Company dated May 13, 2016 (the "Circular").  The annual and special meeting of shareholders of the Company is to be held on June 15, 2016 in Halifax, Nova Scotia, at which the transaction will be voted on by Fortune Bay shareholders.
Mar 24, 2016 10:35 am ET
Fortune Bay Corp. closes $2,300,000 non-brokered private placement and issues secured debenture to Kneat Solutions Limited
HALIFAX, March 24, 2016 /CNW/ - Fortune Bay Corp. ("Fortune Bay") (TSX: FOR) Fortune Bay Corp. is pleased to announce that it has closed the previously announced non-brokered private placement to raise $2,300,000 through the issuance of 7,665,550 common shares.  The common shares issued in connection with the private placement are subject to a four-month hold period that will expire on July 24, 2016. 
Feb 10, 2016 09:18 am ET
IIROC Trade Resumption - FOR
TORONTO, Feb. 10, 2016 /CNW/ - Trading resumes in:
Feb 10, 2016 08:53 am ET
IIROC Trading Halt - FOR
TORONTO, Feb. 10, 2016 /CNW/ - The following issues have been halted by IIROC:
Feb 10, 2016 08:27 am ET
Fortune Bay Corp. announces definitive agreement with Kneat Solutions Limited and intention to complete private placement
HALIFAX, Feb. 10, 2016 /CNW/ - Fortune Bay Corp. ("Fortune Bay") (TSX: FOR) and Kneat Solutions Limited ("Kneat") are pleased to announce that they have entered into a transaction agreement pursuant to which Fortune Bay will: (i) spin-out its resources properties by way of a court-approved plan of arrangement in Ontario (the "Arrangement"); and (ii) acquire 100% of the issued and outstanding ordinary shares of Kneat by way of a concurrent scheme of arrangement in Ireland (the "Merger").  The Merger will create a listed Canadian software company providing leading compliance document and data