Canada NewsWire
LONDON, ON, June 22, 2016
Issued Capital: 255,649,007
LONDON, ON, June 22, 2016 /CNW/ - Fortune Minerals Limited
(TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2016 Annual
and Special Meeting of shareholders held on June 21, 2016 (the "Meeting") were elected as directors
of Fortune. Detailed results of the vote for the election of directors are set out below:
|
Nominee
|
Votes For
|
% For
|
Votes Withheld
|
% Withheld
|
|
Shou Wu (Grant) Chen
|
58,524,108
|
99.28 %
|
422,950
|
0.72 %
|
|
Carl L. Clouter
|
52,866,731
|
89.69 %
|
6,080,327
|
10.31 %
|
|
Robin E. Goad
|
52,933,131
|
89.80 %
|
6,013,927
|
10.20 %
|
|
Mahendra Naik
|
53,146,821
|
90.16 %
|
5,800,237
|
9.84%
|
|
David Ramsay
|
58,806,758
|
99.76 %
|
140,300
|
0.24 %
|
|
Edward Yurkowski
|
58,016,418
|
98.42 %
|
930,640
|
1.58%
|
Shareholders at the Meeting also approved the appointment of Fortune's auditors and the extension of certain warrants held by
insiders of the Corporation.
About Fortune Minerals
Fortune is a Canadian development stage mining company focused on advancing the vertically integrated NICO
gold-cobalt-bismuth-copper project in the Northwest Territories and a related refinery the Company
plans to construct in Saskatchewan. Fortune also owns the Sue-Dianne copper-silver-gold deposit
located 25 km north of NICO and a potential future source of incremental mill feed to extend the life of the NICO mill. The Company
also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British
Columbia that were recently purchased by a provincial Crown corporation.
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SOURCE Fortune Minerals Limited
