Diversified Canadian Resource Development

Fortune Minerals Limited is a diversified Canadian resource company with the vision to be the recognized expert in developing, mining, and processing specialty minerals projects. We are currently focused on the development of the Arctos Anthracite Project in British Columbia and the NICO gold-cobalt-bismuth-copper deposit in the Northwest Territories.

With all assets located in Canada, Fortune is positioned to become a reliable source of commodities needed to build infrastructure to support urbanization of emerging economies and to manufacture consumer goods for a growing word population. Our primary assets contain important reserves of metallurgical coal, gold, cobalt, bismuth and copper.

Fortune’s common shares are listed on the Toronto Stock Exchange (FT) and trade in U.S. dollars on the OTC QX (FTMDF).


Stock Quote: TSE

CA$ 0.37

VOLUME 31,500

OPEN 0.37

52 WEEK HIGH 0.46


CHANGE +0.00

52 WEEK LOW 0.23

DAY LOW 0.37

% CHANGE +0%


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High 0.38

Low 0.37

Volume 31,500

Opening Price 0.37


Last 0.37

Why Invest

Diversification. Fortune’s common shares provide diversified exposure to commodities that support an improved quality of life for a growing world population. Our mineral reserves have many important applications in everything from the production of steel used in structures and automobiles, to components in microchips, smartphones and electronics, to use in essential components of alternative and renewable energy systems. Fortune’s assets include one of the world’s premier metallurgical coal deposits, significant gold and cobalt reserves, along with more than 10% of global bismuth reserves.

Canadian focus. All of our development and exploration assets are located near infrastructure in the northern part of the country. Canada’s reputation as a mining friendly and politically stable country positions Fortune as a reliable source of important commodities. This is a particularly critical role given the risk to the global supply chain with the geographic concentration of three of our commodities - cobalt, bismuth and anthracite metallurgical coal.

Development stage assets with expansion potential. Building on a successful history of discovery and acquisition, Fortune is well positioned to become a mid-tier producer through the development of our two advanced assets. We have aligned ourselves with strategic partners and secured an experienced team to move both projects towards commercial production. The path to commercial operations can unlock significant value for investors as a company de-risk its projects and achieves cash flow. As a company with development assets, Fortune offers a lower risk profile than a pure exploration play.
Additionally, both of Fortune’s development assets have attractive expansion potential. The Arctos reserves represent the tremendous resource potential already identified on our exploration licences. Similarly, NICO has significant exploration potential with untested mineral showings and geophysical anomalies. Our Sue Dianne deposit in the Northwest Territories presents an excellent opportunity to supply incremental mill feed to extend the life of the NICO concentrator.

Analyst Coverage :

Industrial Alliance Securities, Killian Charles

Paradigm Capital, David Davidson

Loewen Ondaatje McCutcheon, Michael Fowler

Fortune Minerals Limited is covered by the analysts listed above. Please note that their opinions, estimates and forecasts regarding the Company’s performance are theirs alone and do not represent the opinions, forecasts or predictions of the Company or its management. This information is provided to you for convenience only and should not be taken to imply any endorsement of or concurrence with such information, conclusions or recommendations

Contact IR

Investor Relations Manager:
Troy Nazarewicz, CIM, CPIR

T: (519) 858-8188

E: tnazarewicz@fortuneminerals.com

Information presented in this website was accurate at the time of posting; however, some information may be superseded by subsequent disclosures. The reader is cautioned to review all postings to ensure they are aware of any updated information.

Learn »

Thumb Date Download
December 3, 2013 Annual Review 2012 4.50 MB
December 2, 2013 Fact Sheet 1.24 MB
December 1, 2013 Corporate Presentation 4.68 MB
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