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Fortune Minerals Limited (0UWG.L)

LSE - LSE Delayed price. Currency in CAD
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0.0950+0.0350 (+58.33%)
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  • Business Wire

    Fortune Minerals Enters Into Convertible Securities Funding Agreement for up to C$10 Million With Lind Partners

    LONDON, Ontario, May 22, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has entered into a convertible securities agreement with Lind Global Fund II, LP, managed by The Lind Partners (together, "Lind") for up to C$10,000,000. Fortune has received an initial C$1.25 million in exchange for the issuance of a first convertible security, and subject to the agreement of both parties, additional drawdowns can

  • Business Wire

    Fortune Minerals Announces Government of Canada Funding for the NICO Critical Minerals Project

    LONDON, Ontario, May 16, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has secured additional funding from the Government of Canada to help advance the Company’s 100%-owned, vertically integrated NICO cobalt-gold-bismuth-copper Critical Minerals asset in Canada ("NICO Project"). The Government of Canada has agreed to provide contribution funding for up to C$7.5 million to support 75% of the costs for

  • Business Wire

    Fortune Minerals Announces U.S. Government Funding to Accelerate the NICO Critical Minerals Project Development

    LONDON, Ontario, May 16, 2024--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that the United States Department of Defense ("DoD") has awarded the Company a US$6,380,555 (~C$8.74 million) grant under the Defense Production Act ("DPA") Title III program to expand the domestic capacity and production of cobalt for the battery and high strength alloy supply chains. This non-dilutive source of capital will allow Fortune