Fortune Minerals Limited. T.FT

RE:RE:RE:RE:FT March 2024 Corporate Presentation

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Freedom2022 - (3/2/2024 12:04:37 PM)
 

RE:RE:RE:FT March 2024 Corporate Presentation
 

im suprised nobody is commenting on the 1.2 million Secured!  for pilot project?  BB experts?

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- what a CLOWN you are !

- LAST TIME, I TOLD YOU to READ the Fortune Minerals news releases

- and you STILL POLUTE the FT SH BB with your IGNORANT COMMENTS

^^^

Fortune Minerals Announces Government Funding to Advance the NICO Critical Minerals Asset in Canada

T.FT | December 5, 2023
 

The Government of Canada has agreed to provide funding contributions of up to $714,500 against the costs of Fortune’s planned cobalt sulphate process pilot and other metallurgical test work through the Federal government’s Critical Minerals Research, Development and Demonstration Program. The Government of Alberta, through Alberta Innovates, has also conditionally approved additional funding contributions of up to $172,670 toward the budgeted program costs pursuant to its Clean Resources Continuous Intake Program. The funds will be used to support a mini-pilot at SGS Canada Ltd. to confirm certain process design criteria and improvements to the NICO Project metallurgical processes. The program will also provide samples of concentrate that could be used in future tests with material sourced under the previously announced Rio Tinto process collaboration (see the Company's news release dated September 29, 2023).

https://stockhouse.com/news/press-releases/2023/12/05/fortune-minerals-announces-government-funding-to-advance-the-nico-critical

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- the REST of the ~ $ 1.2 million SGS TEST/MINI-PILOT INVOICE will COME FROM FT through their December 2024 FINANCING:

 

Fortune closed a private placement of 22,000,000 units in late December 2023 to fund a metallurgical test work program to validate some process optimizations and provide additional information for detailed engineering. The units were issued at a price of C$0.04 per unit to raise gross proceeds of C$880,000 with each unit consisting of one common share issued on a flow-through basis and one half of a share purchase warrant exercisable at a price of C$0.07 per full warrant for a period of 24 months after closing. Fortune is waiting for the government ice road from Whati to Gameti to open, which would enable the Company to truck ore samples from its existing stockpiles at the NICO site to SGS Canada Inc. in Lakefield, Ontario for the planned test work program.

https://stockhouse.com/news/press-releases/2024/02/01/fortune-minerals-extends-option-to-acquire-alberta-refinery-site-for-the-nico

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z173
 

 

Freedom2022 - (3/2/2024 12:04:37 PM)

RE:RE:RE:FT March 2024 Corporate Presentation

im suprised nobody is commenting on the 1.2 million Secured!  for pilot project?  BB experts?