Fortune Minerals Ltd.

Issued Capital: 214,822,180 LONDON, ON, Dec. 22, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has closed an additional US$ 7 million  financing from Lascaux Resource Capital Fund LP ("Lascaux") to provide working capital for the commissioning of the Revenue Silver Mine ("RSM") in southwest Colorado, U.S.A. Lascaux has already provided [...]

Issued Capital: 212,322,180 LONDON, ON, Nov. 24, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has issued the previously approved 17,744,000 common shares of the Company ("Common Shares") to the former owners of the Revenue Silver Mine ("RSM") in southwest Colorado (see Fortune news release dated November 12, 2014). Such shares were [...]

Building a diversified producer in a challenging resource market Issued Capital: 194,578,180 LONDON, ON, Nov. 18, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to provide an update of its Revenue Silver Mine operations and progress towards building a diversified producer with the development of its organic growth assets. The Company also [...]

Issued Capital: 194,578,180 LONDON, ON, Nov. 12, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has received approval from the majority of disinterested shareholders of the Company to issue an aggregate of 17,744,000 common shares of the Company to the former owners (the "Vendors") of the Revenue Silver Mine ("RSM") in southwest [...]

Funds will complete payments to Revenue Mine vendors & for working capital LONDON, ON, Oct. 16, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has received the second and final instalment of US$ 10 million from the previously reported US$ 35 million production prepay facility from Lascaux Resource Capital Fund 1 LP ("Lascaux") (see [...]

LONDON, Ontario, Oct. 9, 2014 (GLOBE NEWSWIRE) -- The electric car company Tesla gained about $2 billion in market capitalization after Elon Musk's October 1 tweet that it "was time to unveil the D and something else." Automobile industry pundits are speculating that Tesla may reveal a new driverless technology for the Model S on Thursday evening. Musk recently told CNN that he anticipated Tesla being "90% autonomous" in [...]

Company investing capital to improve safety and mine operating efficiencies Issued Capital: 194,578,180 /NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES/ LONDON, ON, Oct. 1, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has received US$ 25 million and closed the purchase of a 100% interest in the Revenue [...]

The mine has made four shipments of concentrate to the smelter & received its first revenue Issued Capital:  194,578,180 LONDON, ON, Sept. 18, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces receipt of the previously announced US$4 million bridge loan that is part of the production pre-pay facility from Lascaux Resource Capital Fund 1 LP [...]

/NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES/ Significant reduction in the purchase price with an accelerated payment schedule Issued Capital: 193,578,180 LONDON, ON, Aug. 20, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has entered into an agreement with the owners of the Revenue Silver Mine [...]

Issued Capital: 190,244,847 LONDON, ON, Aug. 14, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company")  reports that its consolidated financial statements and management's discussion and analysis of financial condition and results of operations for the period ended June 30, 2014 have been filed and are available on SEDAR (www.sedar.com) and will be available soon through the Company's [...]