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Bullboard - Stock Discussion Forum Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

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 > Update on August’ 13th 2024
View:
Post by good7news7soon on Aug 13, 2024 3:08pm

Update on August’ 13th 2024

The proposed brownfield Alberta refinery site has the requisite planning approvals already in place and existing facilities, including 42,000 square feet of serviced shops and buildings to materially reduce capital costs for the refinery development. The Company has negotiated an agreement in principle to acquire this this site, subject to completion of amendments and execution of a definitive agreement, the terms for which will be disclosed when it has been executed.,
https://www.sedarplus.ca/csa-party/records/document.html?id=c2b79348664ce6842ee018df5fe466bf530e208b6972008d6d1e4a9f61ba0e46
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