Fortune Minerals Limited. T.FT

CERTIFICATION OF INTERIM FILINGS

[Spuds21]

FORM 52-109F2

CERTIFICATION OF INTERIM FILINGS
FULL CERTIFICATE
I, Robin Goad, President and Chief Executive Officer of Fortune Minerals Limited, certify the
following:
1. Review: I have reviewed the interim financial report and interim MD&A (together, the "interim
filings") of Fortune Minerals Limited (the "issuer") for the interim period ended March 31, 2023.
2. No misrepresentations: Based on my knowledge, having exercised reasonable diligence, the
interim filings do not contain any untrue statement of a material fact or omit to state a material fact
required to be stated or that is necessary to make a statement not misleading in light of the
circumstances under which it was made, for the period covered by the interim filings.
3. Fair presentation: Based on my knowledge, having exercised reasonable diligence, the interim
financial statements together with the other financial information included in the interim filings fairly
present in all material respects the financial condition, financial performance and cash flows of the
issuer, as of the date of and for the periods presented in the interim filings.
4. Responsibility: The issuer's other certifying officer(s) and I are responsible for establishing and
maintaining disclosure controls and procedures (DC&P) and internal control over financial reporting
(ICFR), as those terms are defined in National Instrument 52-109 Certification of Disclosure in
Issuers' Annual and Interim Filings, for the issuer.
5. Design: Subject to the limitations, if any, described in paragraphs 5.2 and 5.3, the issuer’s other
certifying officer(s) and I have, as at the end of the period covered by the interim filings
(a) designed DC&P, or caused it to be designed under our supervision, to provide reasonable
assurance that
(i) material information relating to the issuer is made known to us by others, particularly during the
period in which the interim filings are being prepared; and
(ii) information required to be disclosed by the issuer in its annual filings, interim filings or other
reports filed or submitted by it under securities legislation is recorded, processed, summarized and
reported within the time periods specified in securities legislation; and
(b) designed ICFR, or caused it to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with the issuer’s GAAP.
5.1 Control framework: The control framework the issuer's other certifying officer(s) and I used to
design the issuer's ICFR is based on the Internal Control - Integrated Framework (COSO
Framework) published by The Committee of Sponsoring Organizations of the Treadway Commission
(COSO). More specifically, the Company used Internal Control over Financial Reporting - Guidance
for Smaller Public Companies published by COSO, which provides further guidance to smaller public
companies on the implementation of the COSO Framework.

 

 

5.2 ICFR – material weakness relating to design: N/A.
5.3 Limitation on scope of design: N/A.
6. Reporting changes in ICFR: The issuer has disclosed in its interim MD&A any change in the
issuer’s ICFR that occurred during the period beginning on January 1, 2023 and ended on March
31, 2023, that has materially affected, or is reasonably likely to materially affect, the issuers’ ICFR.

Date: May 19, 2023

“Robin Goad”
_______________________
Robin Goad
President and Chief Executive Officer