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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.


TSX:FT - Post by User

Fortune Minerals Ltd > default status
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Comment by geolithon Apr 12, 2023 1:25pm
62 Views
Post# 35391082

RE:RE:RE:default status

RE:RE:RE:default status A pending deal would likely have had a halt initiated by the company, so the question is, what would cause IIROC to halt trading?  I don't know.
The company requested a MCTO, so I doubt it is for that reason or ny such filing issue.
Perhaps there is a number of items, the totality might make IIROC to think halting trading is in the best interests of the shareholders and the exchange.
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