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Bullboard - Stock Discussion Forum 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... see more

TSX:FT - Post Discussion

Fortune Minerals Ltd > financing ?
View:
Post by elitespooner on Jun 15, 2021 8:51am

financing ?

was there any fees to pay for this ? why not raise capital in March ??

who is participating (any insiders) ?
Comment by Lotten on Jun 16, 2021 3:21am
In my opinion you ask the wrong questions. Someone is willing to pay, and it doesn't matter who, why and when because it is a small amount raised. And that bring us the key to open up for some interesting thoughts and questions.
Comment by elitespooner on Jun 16, 2021 11:06am
IMO I believe its Good Disclosure for shareholders to be informed.... For Example: Number of securities:  ............. common shares Purchase price:  ....... per common share Warrants:  .......common share purchase warrants to purchase ........ shares Warrants' exercise price:  ....... for ........ years following the closing of the private placement ...more  
Comment by Yellowknifer69 on Jun 16, 2021 4:35pm
that is not how FT operates Elite.  Wishful thinking for full disclosure.  As retail investors our job is to take it up the _sss and don't rock the boat. So we wait. Yellowknifer
Comment by red on Jun 16, 2021 4:42pm
my staff wondering why i am LMAO - i dont dare show your post but thanks for the laugh of the day  
Fortune Minerals Ltd