Fortune Minerals Announces Results of Annual and Special Meeting of Shareholders

06/24/2020

LONDON, Ontario--(BUSINESS WIRE)-- Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2020 Annual and Special Meeting of shareholders held on June 23, 2020 (the “Meeting”) were elected as directors of Fortune. Detailed results of the vote based on proxies received are set out below:

Nominee

Votes For

 

 

 

% For

 

 

 

Votes Withheld

 

 

 

% Withheld

Carl Clouter

76,290,540

 

 

 

94.54%

 

 

 

4,405,647

 

 

 

5.46%

Robin E. Goad

76,270,538

 

 

 

94.52%

 

 

 

4,425,649

 

 

 

5.48%

Glen Koropchuk

76,840,490

 

 

 

95.22%

 

 

 

3,855,697

 

 

 

4.78%

John McVey

78,759,490

 

 

 

97.60%

 

 

 

1,936,697

 

 

 

2.40%

Mahendra Naik

78,153,790

 

 

 

96.85%

 

 

 

2,542,397

 

 

 

3.15%

David Ramsay

75,635,690

 

 

 

93.03%

 

 

 

5,060,497

 

 

 

6.27%

Edward Yurkowski

78,422,370

 

 

 

97.18%

 

 

 

2,273,817

 

 

 

2.82%

Shareholders also approved the appointment of Fortune’s auditors and the re-approval of the rolling stock option plan.

Due to Ontario government restrictions on the size of group gatherings to reduce the risk of spreading the Coronavirus, there was no corporate presentation provided at the Meeting. Shareholders wishing to speak with management can contact the Company through Troy Nazarewicz, Fortune’s Investor Relations Manager at info@fortuneminerals.com .

About Fortune Minerals

Fortune is a Canadian mining company focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories. The Company has an option to purchase lands in Saskatchewan where it may build the hydrometallurgical plant to process NICO metal concentrates. Fortune also owns the Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life of the NICO Project mill.

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Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
info@fortuneminerals.com
Tel.: (519) 858-8188
www.fortuneminerals.com

Source: Fortune Minerals Limited

Troy Nazarewicz, CIM, CPIR
Investor Relations Manager
Fortune Minerals Limited
148 Fullarton Street, Suite 1600
London, Ontario, CANADA
N6A 5P3

info@fortuneminerals.com
Tel. 519-858-8188
Cel. 519-709-8489
www.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.

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