Issued Capital: 255,649,007
LONDON, ON, June 22, 2016 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2016 Annual and Special Meeting of shareholders held on June 21, 2016 (the "Meeting") were elected as directors of Fortune. Detailed results of the vote for the election of directors are set out below:
|
Nominee
|
Votes For
|
% For
|
Votes Withheld
|
% Withheld
|
|
Shou Wu (Grant) Chen
|
58,524,108
|
99.28 %
|
422,950
|
0.72 %
|
|
Carl L. Clouter
|
52,866,731
|
89.69 %
|
6,080,327
|
10.31 %
|
|
Robin E. Goad
|
52,933,131
|
89.80 %
|
6,013,927
|
10.20 %
|
|
Mahendra Naik
|
53,146,821
|
90.16 %
|
5,800,237
|
9.84%
|
|
David Ramsay
|
58,806,758
|
99.76 %
|
140,300
|
0.24 %
|
|
Edward Yurkowski
|
58,016,418
|
98.42 %
|
930,640
|
1.58%
|
Shareholders at the Meeting also approved the appointment of Fortune's auditors and the extension of certain warrants held by insiders of the Corporation.
About Fortune Minerals
Fortune is a Canadian development stage mining company focused on advancing the vertically integrated NICO gold-cobalt-bismuth-copper project in the Northwest Territories and a related refinery the Company plans to construct in Saskatchewan. Fortune also owns the Sue-Dianne copper-silver-gold deposit located 25 km north of NICO and a potential future source of incremental mill feed to extend the life of the NICO mill. The Company also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia that were recently purchased by a provincial Crown corporation.
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SOURCE Fortune Minerals Limited
Fortune Minerals Limited: Troy Nazarewicz, Investor Relations Manager, info@fortuneminerals.com, Tel.: (519) 858-8188, www.fortuneminerals.com