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FT Fortune Minerals Limited

0.05
-0.005 (-9.09%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Fortune Minerals Limited TSX:FT Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -9.09% 0.05 0.045 0.05 0.055 0.05 0.055 447,969 20:32:02

Fortune Minerals Announces Results of Annual and Special Meeting of Shareholders

22/06/2016 4:05pm

PR Newswire (Canada)


Fortune Minerals (TSX:FT)
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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

Copyright 2016 Canada NewsWire

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