Company Fortune Minerals Limited

FT

CA34967D1015

Diversified Mining

Analysts' Consensus

Business Summary

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sector Integrated Mining

Market Closed - Toronto S.E. Other stock markets 03:56:30 2024-04-15 pm EDT			5-day change	1st Jan Change
0.04 ^CAD	+14.29%		0.00%	0.00%

Apr. 08	Fortune Minerals Limited Announces Arrival of Samples at SGS Canada in Lakefield, Ontario for Metallurgical Testing	CI
Mar. 29	Fortune Minerals Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fortune Minerals Limited is a Canada-based development stage mining company. The Company is focused on advancing the vertically integrated NICO cobalt-gold-bismuth-copper project. The project is located 160 kilometers (km) northwest of the city of Yellowknife in the Northwest Territories of Canada. The proposed mine is 85 km north of the highway to Edmonton, Alberta. Its other projects include Arctos Anthracite Project, Sue-Dianne Copper-Silver-Gold Deposit, Salkeld Lake and Camsell River. The Arctos coal licenses are located 330 km northeast of the Port of Prince Rupert. The Sue-Dianne copper-silver-gold deposit is contained in a 451 hectares (ha) lease located approximately 25 km north of the NICO deposit in the Mazenod Lake area. It has a 100% interest in Salkeld Lake property (116 ha), south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has 1% net smelter royalty covering 78 ha of land, located south of the Eldorado mining district at Great Bear Lake.

Number of employees: 3

Managers	Title	Age	Since
Robin Goad FOU	Founder	66	88-08-01
Patricia Penney DFI	Director of Finance/CFO	-	-
Mahendra Naik CHM	Chairman	65	06-03-19
Glen Koropchuk CTO	Chief Tech/Sci/R&D Officer	61	16-09-13
Troy Nazarewicz IRC	Investor Relations Contact	-	11-05-12
Richard Schryer LAW	General Counsel	-	17-05-07
David Knight SEC	Corporate Secretary	69	00-05-31

Members of the board	Title	Age	Since
Mahendra Naik CHM	Chairman	65	06-03-19
Robin Goad FOU	Founder	66	88-08-01
Edward Yurkowski BRD	Director/Board Member	77	13-07-24
David Ramsay BRD	Director/Board Member	54	16-04-17
Glen Koropchuk CTO	Chief Tech/Sci/R&D Officer	61	16-09-13
John McVey BRD	Director/Board Member	66	17-12-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	499,643,862	477,485,498 ( 95.57 %)	0	95.57 %

Name	Equities	%	Valuation
Mahendra Naik 1.444 %	6,897,750	1.444 %	158 648 $
Robin Goad 1.201 %	5,738,114	1.201 %	131 977 $
Mavrix Fund Management, Inc. 0.8659 %	4,136,000	0.8659 %	95 128 $
Edward Yurkowski 0.7956 %	3,800,000	0.7956 %	87 400 $
Sentry Investments, Inc. 0.6226 %	2,974,000	0.6226 %	68 402 $
John McVey 0.3140 %	1,500,000	0.3140 %	34 500 $
Richard Schryer 0.2701 %	1,290,000	0.2701 %	29 670 $
David Ramsay 0.2207 %	1,054,000	0.2207 %	24 242 $
Middlefield Capital Corp. 0.2094 %	1,000,000	0.2094 %	23 000 $
Pathway Investment Counsel, Inc. 0.1653 %	789,473	0.1653 %	18 158 $

Fortune Minerals Ltd.

617 Wellington Street

N6A 3R6, London

+519 858 8188

http://www.fortuneminerals.com

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.035 CAD

Average target price

0.31 CAD

Spread / Average Target

+785.71%

Consensus

Basic Materials

Mineral Resources

Metals & Mining

Diversified Mining

Integrated Mining

	1st Jan change	Capi.
FORTUNE MINERALS LIMITED	0.00%	12.71M
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Integrated Mining