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    FT   CA34967D1015

FORTUNE MINERALS LIMITED

(FT)
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Business Summary
Logo Fortune Minerals Limited
Fortune Minerals Limited is a Canada-based development-stage mining company. The Company is engaged in developing, mining and processing precious and specialty minerals projects. It is focused on NICO gold-cobalt-bismuth-copper project, consisting of a proposed mine and mill in the Northwest Territories that will produce a bulk concentrate for shipment to a refinery that it focuses to construct in Saskatchewan. The NICO Gold-Cobalt-Bismuth-Copper deposit is located in the Northwest Territories approximately 160 kilometers from the city of Yellowknife. The products that will be produced at the refinery include cobalt chemicals used to make rechargeable batteries, bismuth metals and chemicals, as well as gold. It also owns the Sue-Dianne copper-silver-gold deposit, which is located over 24 kilometers north of the NICO deposit. It has interests in approximately 116 hectares at property south of Great Slave Lake with copper, silver, gold, lead and zinc showings, and on Camsell River NSR.

Number of employees : 6 people.
Managers
Name Title Age Since
Robin Ellis Goad President, CEO & Non-Independent Director 62 1989
Patricia Penney Chief Financial Officer & Controller - 2020
Glen Koropchuk Director & Technical Director 57 2020
Mahendra Naik Chairman 61 -
Edward Alfred Yurkowski Independent Director 73 2013
David Ramsay Independent Director 50 2016
John McVey Independent Director 62 2018
Troy D. Nazarewicz Manager-Investor Relations - 2011
David Allan Knight Secretary 65 -
Sherry Tunks Manager-Supply Chain - 2017
Members of the board
Name Title Age Since
Mahendra Naik Chairman 61 -
Robin Ellis Goad President, CEO & Non-Independent Director 62 1989
Edward Alfred Yurkowski Independent Director 73 2013
David Ramsay Independent Director 50 2016
Glen Koropchuk Director & Technical Director 57 2020
John McVey Independent Director 62 2018
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 366,038,312 316,618,077 86.5% 0 0.0% 86.5%
Shareholders
NameEquities%
Procon Mining & Tunnelling Ltd. 36,967,871 10.1%
Robin Ellis Goad 5,438,114 1.49%
Edward Alfred Yurkowski 3,525,000 0.96%
Mahendra Naik 2,066,250 0.56%
Richard P. Schryer 790,000 0.22%
Marquest Asset Management, Inc. 595,000 0.16%
David Ramsay 523,000 0.14%
Carl L. Clouter 450,000 0.12%
John McVey 350,000 0.096%
David Allan Knight 106,600 0.029%
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