Fortune Minerals Ltd (QB) (FTMDF)

Fortune - Tlicho Joint Venture to Receive up to $50 Million From Government of Canada First and Last Mile FundJune 26, 2026 10:44 AM
Business Wire Conditional approval received for funding to support NICO Project Access Road construction Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com), is pleased to announce that its joint venture with the Tlicho Government has received conditional approval from the Government of Canada for up to $50 million to support construction of the NICO project access road (“NPAR”) in the Northwest Territories (“NWT”). Natural Resources Canada (“NRCan”)’s First and Last Mile Fund (“FLMF”) will reimburse 75% of the costs up to $50 million for construction of the 51-kilometre NPAR across Tlicho private lands, connecting the NICO cobalt-gold-bismuth-copper mine to the NWT highway system near the community of Whatì. The NPAR will be used for mine construction and operations, including transportation of metal concentrates to a dedicated hydrometallurgical facility in Alberta (collectively, “the NICO Project”) for processing to value-added products needed for the energy transition, new technologies and defence. The $50 million award will help mitigate capital cost escalation for the vertically integrated development as the Company advances the NICO Project toward a construction decision. Fortune and the Tlicho Government will also evaluate the NPAR's potential to provide an incremental extension of the all-season road toward Gamètì for community benefit, to lower the cost of living, and enable future economic development in the central part of Tlicho lands. The Tlicho Government will also receive $200,000 from the FLMF to support community engagement and completion of a Traditional Knowledge study for the NPAR. “Canada is ready to build the infrastructure that unlocks our full critical minerals potential. Through the First and Last Mile Fund, we are investing in projects like the NICO access road to strengthen northern supply chains, create good jobs, and move minerals from resource to market—Made in Canada, for Canadians. This investment also reflects our commitment to working in partnership with Indigenous governments, including the Tlicho Government, to deliver lasting economic opportunities and community benefits,” stated The Honourable Tim Hodgson, Minister of Energy and Natural Resources “The Northwest Territories has tremendous geological endowment with the potential to develop virtually any mineral commodity - but also suffers from an acute infrastructure deficit that raises the bar for economic viability. This funding from the Government of Canada helps level the playing field. Development of the NICO Project will provide a domestic process solution for cobalt, bismuth and copper to address critical mineral supply chain vulnerabilities, and gold. We are grateful to receive this investment from the federal government, while also working with our Tlicho Government partners to improve the infrastructure on Tlicho lands for the benefit of its citizens,” said Robin Goad, President of Fortune Minerals Limited. The NICO deposit is located in Tlicho territory, approximately 160 kilometres northwest of the city of Yellowknife and 50 kilometres north of Whatì. Concentrates from the mine will be transported by truck and rail to the hydrometallurgical facility in Lamont County, Alberta for processing to cobalt sulphate, gold doré, bismuth ingots and oxide, and copper cement. The NICO Project is a development asset that Fortune has already invested more than $150 million to advance toward a construction decision. When it is built the NICO Project will produce three metals identified on North American and European Union critical minerals lists, plus 1.1 million ounces of in-situ gold. Fortune is also receiving financial support through NRCan’s Global Partnerships Initiative, the U.S. Department of War’s Defense Production Act Tittle III program, and Alberta Innovates’ Clean Resources Continuous Intake Program to complete the work needed to advance the NICO Project to a Financial Investment Decision. The Company has also received a term loan from Prosper NWT to help complete the acquisition of the Alberta Refinery site. Canada is positioning to help bridge the gap in critical minerals supply with strategic partnerships with allied countries and by investing in new mines and mineral processing. Western countries need to reduce their dependence on the current sources of supply that are vulnerable to disruption from geographic concentration of production, political instability, and/or policy risks from foreign entities of concern. Development of the NICO Project will provide a vertically integrated domestic supply of three critical minerals, of which cobalt and bismuth are particularly at risk. The disclosure of scientific and technical information contained in this news release has been approved by Robin Goad, M.Sc., P.Geo., President and Chief Executive Officer of Fortune and Alex Mezei, M.Sc., P.Eng. Fortune’s Chief Metallurgist, who are “Qualified Persons” under National Instrument 43-101. About Fortune Minerals Fortune is a Canadian mining and mineral processing company focused on developing the NICO cobalt-gold-bismuth-copper project in the Northwest Territories and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO deposit and is a potential future source of incremental feed to extend the life of the NICO concentrator. Follow Fortune Minerals: Click here to subscribe to Fortune’s email list. Click here to follow Fortune on LinkedIn. @FortuneMineral on X. This press release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation, including National Instrument 51-102 – Continuous Disclosure Obligations. This forward-looking information includes statements with respect to, among other things, the construction of the proposed Alberta Refinery and the Company’s plans to develop the NICO Project; the submission, evaluation and outcome of the Company’s applications to the FLMF; the completion and implementation of the joint venture between Fortune and the Tlicho Government; the construction of the spur road and any extension toward Gameti; the potential to materially reduce capital requirements for the NICO Project; the anticipated production capacity, product mix and purity of the Alberta Refinery; the potential future development of the Sue-Dianne Property as incremental feed; and the future supply, demand and pricing for cobalt, bismuth, gold, copper and other metals to be produced at the NICO Project. Forward-looking information is based on the opinions and estimates of management, as well as certain assumptions, at the date the information is given (including, in respect of the forward-looking information contained in this press release, assumptions regarding: the Company’s ability to complete construction of the Alberta Refinery; the Company’s ability to arrange the necessary financing to continue operations and develop the NICO Project; the receipt of all necessary regulatory approvals, government funding awards and Indigenous and community support for the construction and operation of the NICO Project, the Alberta Refinery and the spur road, and the timing thereof; the time required to construct the NICO Project; and the economic environment in which the Company will operate in the future, including the price of gold, cobalt, bismuth and other by-product metals, anticipated costs and the volumes of metals to be produced at the NICO Project). However, such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the risks related to the new Mineral Reserves, Mine Plan and production schedule for the NICO Project; the Company may not be able to finance and develop the NICO Project on favourable terms or at all; the Company’s applications to the FLMF and other government programs may not be completed, in whole or in part, or on the anticipated timeline; uncertainties with respect to the receipt or timing of required permits, approvals and agreements for the development of the NICO Project, including the Alberta Refinery and the spur road; the construction of the NICO Project may take longer or cost more than anticipated; the Company may not be able to secure offtake agreements for the metals to be produced at the NICO Project; the Sue-Dianne Property may not be developed to the point where it can provide mill feed to the NICO Project; the inherent risks involved in the exploration and development of mineral properties and in the mining industry in general; the market for products that use cobalt or bismuth may not grow to the extent anticipated; the future supply of cobalt and bismuth may not be as limited as anticipated; the risk of decreases in the market prices of cobalt, bismuth and other metals to be produced by the NICO Project; changes in geopolitical conditions, including changes in trade restrictions or export controls affecting the supply of critical minerals; discrepancies between actual and estimated Mineral Resources or between actual and estimated metallurgical recoveries; uncertainties associated with estimating Mineral Resources and Reserves and the risk that, even if such Mineral Resources prove accurate, such Mineral Resources may not be converted into Mineral Reserves once economic conditions are applied; the Company’s production of cobalt, bismuth and other metals may be less than anticipated; and other operational and development risks, market risks and regulatory risks. Readers are cautioned not to place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no obligation to update or revise it to reflect new events or circumstances, except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260625119803/en/ For further information please contact:
Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
info @lehat
www.fortuneminerals.com Original: Fortune - Tlicho Joint Venture to Receive up to $50 Million From Government of Canada First and Last Mile Fund

Fortune Minerals Announces Results of Annual and Special Meeting of ShareholdersJune 24, 2026 4:20 AM
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 2026 Annual and Special Meeting of Shareholders held on June 23, 2026 (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 Robin E. Goad 163,769,514 96.82% 5,377,300 3.18% Glen Koropchuk 167,154,419 98.82% 1,992,395 1.18% John McVey 167,474,819 99.01% 1,671,995 0.99% Mahendra Naik 162,428,767 96.03% 6,718,047 3.97% David Ramsay 161,598,521 95.54% 7,548,293 4.46% Edward Yurkowski 166,472,145 98.42% 2,674,669 1.58% Shareholders also approved the re-appointment of McGovern Hurley LLP as the auditor of Fortune, the rolling stock option plan, and the issuance of common shares of the Corporation, pursuant to a convertible security funding agreement dated April 30, 2026. The presentation made at the Meeting is available on the Company’s website. About Fortune Minerals: Fortune is a Canadian mining and mineral processing company focused on developing the NICO cobalt-gold-bismuth-copper project in the Northwest Territories and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO deposit and is a potential future source of incremental feed to extend the life of the NICO concentrator. Follow Fortune Minerals: Click here to subscribe to Fortune’s email list. Click here to follow Fortune on LinkedIn. @FortuneMineral on X. View source version on businesswire.com: https://www.businesswire.com/news/home/20260624493573/en/ For further information please contact:
Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
info @lehat
www.fortuneminerals.com Original: Fortune Minerals Announces Results of Annual and Special Meeting of Shareholders

Fortune Minerals Receives Water Licence and Land Use Permit for the NICO Project Access RoadMay 14, 2026 9:22 AM
Business Wire Progressing permitting milestones for mine and refinery construction and operations Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or “the Company”) (www.fortuneminerals.com) announces Wek’èezhìi Land and Water Board (“WLWB”) approval for the Type A Land Use Permit and Type B Water Licence needed to construct and operate the NICO Project Access Road (“NPAR”). The NPAR will connect Fortune’s planned NICO cobalt-gold-bismuth-copper mine and concentrator (“NICO Mine”) in the Northwest Territories (“NWT”) to the territorial highway system where it currently terminates at the community of Whati, 50 km south of the mine. The NPAR is needed for mine construction and operations and for trucking metal concentrates to Enterprise, NWT for transfer to rail and delivery to the Company’s planned hydrometallurgical facility in Alberta for processing (collectively, “the NICO Project”). Fortune and the Tlicho Government are forming a joint venture to pursue funding opportunities to construct the NPAR, which could be extended to Gameti in the future to improve community access and delivery of services, reduce the cost of living, and promote economic opportunities in the central part of Tlicho territory (see news release, dated April 29, 2026). Like our news? Click-to-post on X. Fortune is pleased to report that it also recently successfully concluded its Public Hearings for renewal of the NICO Mine Land Use Permit and Water license on April 21 and 22 in Whati. The Company has responded to Undertakings and Information Requests generated from the hearings and will review the draft Water Licence expected to be received later this week. Closing arguments are due June 22nd and June 29th for reviewers and Fortune, respectively, followed by the WLWB making its recommendation to the NWT Minister of Industry Tourism and Investment in July or August for approval. In the interim, Fortune is applying for a 60-day extension to the current Water License due to expire on July 22. Fortune has also completed the baseline environmental studies for its property in Lamont County, Alberta where it plans to construct the hydrometallurgical facility for processing NICO Mine concentrates. Geotechnical, soils, wetland, and wildlife surveys were completed and permitting will advance when Fortune receives additional engineering for the site needed to provide emissions and stack location data for a regional air quality model for its Environmental Impact Assessment exemption application and operations permits. Environmental considerations are being incorporated into the design of the facility demonstrating that the Company can mitigate potential impacts and reduce permitting delays. Fortune’s NICO Project is an advanced development asset comprised of a planned open pit and underground mine and concentrator in the NWT and dedicated hydrometallurgical facility in Alberta’s Industrial Heartland north of Edmonton, an existing petrochemical and critical minerals processing hub. Development of the NICO Project would provide a North American vertically integrated supply of battery-grade cobalt sulphate, bismuth ingots and oxide, and copper cement for the energy transition new technologies and defence with more than one million ounces of in-situ gold as a highly liquid and countercyclical co-product. The disclosure of scientific and technical information contained in this news release has been approved by Robin Goad, M.Sc., P.Geo., President and Chief Executive Officer of Fortune and Alex Mezei, M.Sc., P.Eng. Fortune’s Chief Metallurgist, who are "Qualified Persons" under National Instrument 43-101. About Fortune Minerals
Fortune is a Canadian mining and mineral processing company focused on developing the NICO cobalt-gold-bismuth-copper project in the Northwest Territories and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO deposit and is a potential future source of incremental feed to extend the life of the NICO concentrator. Follow Fortune Minerals: Click here to subscribe to Fortune’s email list. Click here to follow Fortune on LinkedIn. @FortuneMineral on X. This press release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation, including National Instrument 51-102 – Continuous Disclosure Obligations. This forward-looking information includes statements with respect to, among other things, the construction of the proposed Alberta Refinery and the Company’s plans to develop the NICO Project; the formation and implementation of the joint venture between Fortune and the Tlicho Government; the construction of the spur road and any extension toward Gameti; the anticipated production capacity, product mix and purity of the Alberta Refinery; the potential future development of the Sue-Dianne Property as incremental feed; and the future supply, demand and pricing for cobalt, bismuth, gold, copper and other metals to be produced at the NICO Project. Forward-looking information is based on the opinions and estimates of management, as well as certain assumptions, at the date the information is given (including, in respect of the forward-looking information contained in this press release, assumptions regarding: the Company’s ability to complete construction of the Alberta Refinery; the Company’s ability to arrange the necessary financing to continue operations and develop the NICO Project; the receipt of all necessary regulatory approvals, government funding awards and Indigenous and community support for the construction and operation of the NICO Project, the Alberta Refinery and the spur road, and the timing thereof; the time required to construct the NICO Project; and the economic environment in which the Company will operate in the future, including the price of gold, cobalt, bismuth and other by-product metals, anticipated costs and the volumes of metals to be produced at the NICO Project). However, such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the risks related to the new Mineral Reserves, Mine Plan and production schedule for the NICO Project; the Company may not be able to finance and develop the NICO Project on favourable terms or at all; uncertainties with respect to the receipt or timing of required permits, approvals and agreements for the development of the NICO Project, including the Alberta Refinery and the spur road; the construction of the NICO Project may take longer or cost more than anticipated; the Company may not be able to secure offtake agreements for the metals to be produced at the NICO Project; the Sue-Dianne Property may not be developed to the point where it can provide mill feed to the NICO Project; the inherent risks involved in the exploration and development of mineral properties and in the mining industry in general; the market for products that use cobalt or bismuth may not grow to the extent anticipated; the future supply of cobalt and bismuth may not be as limited as anticipated; the risk of decreases in the market prices of cobalt, bismuth and other metals to be produced by the NICO Project; changes in geopolitical conditions, including changes in trade restrictions or export controls affecting the supply of critical minerals; discrepancies between actual and estimated Mineral Resources or between actual and estimated metallurgical recoveries; uncertainties associated with estimating Mineral Resources and Reserves and the risk that, even if such Mineral Resources prove accurate, such Mineral Resources may not be converted into Mineral Reserves once economic conditions are applied; the Company’s production of cobalt, bismuth and other metals may be less than anticipated; and other operational and development risks, market risks and regulatory risks. Readers are cautioned not to place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no obligation to update or revise it to reflect new events or circumstances, except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514272291/en/ For further information please contact:
Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
info @lehat
www.fortuneminerals.com Original: Fortune Minerals Receives Water Licence and Land Use Permit for the NICO Project Access Road

Fortune Minerals Announces Process Waste Disposal Agreement With SECURE for Planned Alberta RefineryApril 8, 2026 12:11 PM
Business Wire
Backstop agreement is evaluating injection well site options, pumping and piping infrastructure, preliminary engineering and cost estimates for liquid and solid waste disposal


Fortune Minerals Alberta Inc., a wholly-owned subsidiary of Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has signed a backstop agreement with SECURE Waste Infrastructure Corp. (TSX:SES) (“SECURE”) to provide waste disposal solutions for the Company’s planned hydrometallurgical facility in Lamont County, Alberta. The hydrometallurgical facility will process concentrates from Fortune’s planned NICO cobalt-gold-bismuth-copper mine and concentrator in the Northwest Territories (“NWT”), and other feed sources, to make value-added critical mineral products for the energy transition, new technologies and defence, collectively, (the “NICO Project”).


Like our news? Click-to-post on X.


Pursuant to the agreement, SECURE is investigating 1A deep disposal injection well site options and the related pumping and piping infrastructure to transport and dispose of brine-wastes that will be produced from the Company’s Alberta hydrometallurgical processing facility. SECURE will also prepare the preliminary engineering and cost estimates for these facilities and obtain the necessary permits, licenses, certifications and authorizations from governmental and regulatory bodies having jurisdiction over the project. Once the preliminary work is complete, the companies expect to enter into a definitive agreement to develop and operate the injection well over the first 10 years of refinery operations. The definitive agreement will also include provisions for the transportation and disposal of approximately 200,000 metric tonnes per year of process residue solids in a Class 2 government approved landfill.


Robin Goad, Chief Executive Officer of Fortune commented, “We are pleased to partner with SECURE for the development, construction and operation of a 1A deep brine injection well and a solid waste disposal solution for the waste products that will be generated from our Alberta hydrometallurgical facility. SECURE is a trusted local expert in waste management systems and the relationship is a cost and environmentally effective alternative for the treatment of refinery waste products.”


The NICO Project is an advanced development asset comprised of a planned open pit and underground mine and concentrator in the NWT and a dedicated hydrometallurgical facility in Alberta to process three critical minerals to value-added products with more than one million ounces of in-situ gold. Development of the NICO Project would provide a reliable vertically integrated North American supply of battery grade cobalt sulphate, bismuth ingots, and copper cement critical mineral products to address western supply chain resilience and security vulnerabilities.


The disclosure of scientific and technical information contained in this news release have been approved by Robin Goad, M.Sc., P.Geo., President and Chief Executive Officer of Fortune and Alex Mezei, M.Sc., P.Eng. Fortune’s Chief Metallurgist, who are "Qualified Persons" under National Instrument 43-101.


About SECURE

SECURE is a leading waste management and energy infrastructure company headquartered in Calgary, Alberta with an expansive infrastructure network located throughout Western Canada and North Dakota and providing crucial solutions for waste management systems. SECURE partners with its clients to safely recover oil and metal, dispose of liquid and solid waste, recycle waste materials, and reclaim contaminated land to minimize their environmental footprint. SECURE delivers innovative solutions to help its customers reduce costs, lower greenhouse gas emissions, and exceed their business, safety and environmental goals.


About Fortune Minerals

Fortune is a Canadian mining and processing company focused on developing the NICO cobalt-gold-bismuth-copper project in the Northwest Territories and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO deposit and is a potential future source of incremental feed to extend the life of the NICO concentrator.


Follow Fortune Minerals:


Click here to subscribe to Fortune’s email list.


Click here to follow Fortune on LinkedIn.


@FortuneMineral on X.


This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities legislation. This forward-looking information includes statements with respect to, among other things, the construction of the proposed Hydrometallurgical Facility in Alberta, and the Company’s plans to develop the NICO Project. Forward-looking information is based on the opinions and estimates of management as well as certain assumptions at the date the information is given (including, in respect of the forward-looking information contained in this press release, assumptions regarding: the Company’s ability to complete construction of a NICO Project Hydrometallurgical Facility; the Company’s ability to arrange the necessary financing to continue operations and develop the NICO Project; the receipt of all necessary regulatory approvals for the construction and operation of the NICO Project and the related Hydrometallurgical Facility and the timing thereof; the time required to construct the NICO Project; and the economic environment in which the Company will operate in the future, including the price of gold, cobalt, bismuth and other by-product metals, anticipated costs and the volumes of metals to be produced at the NICO Project). However, such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the risks related to the new Mineral Reserves, Mine Plan and production schedule for the NICO Project, the Company may not be able to finance and develop NICO on favourable terms or at all, uncertainties with respect to the receipt or timing of required permits, approvals and agreements for the development of the NICO Project, including the related Hydrometallurgical Facility, the construction of the NICO Project may take longer than anticipated, the Company may not be able to secure offtake agreements for the metals to be produced at the NICO Project, the Sue-Dianne Property may not be developed to the point where it can provide mill feed to the NICO Project, the Company may not enter into a definitive agreement with SECURE once the preliminary work is completed, the inherent risks involved in the exploration and development of mineral properties and in the mining industry in general, the market for products that use cobalt or bismuth may not grow to the extent anticipated, the future supply of cobalt and bismuth may not be as limited as anticipated, the risk of decreases in the market prices of cobalt, bismuth and other metals to be produced by the NICO Project, discrepancies between actual and estimated Mineral Resources or between actual and estimated metallurgical recoveries, uncertainties associated with estimating Mineral Resources and Reserves and the risk that even if such Mineral Resources prove accurate the risk that such Mineral Resources may not be converted into Mineral Reserves once economic conditions are applied, the Company’s production of cobalt, bismuth and other metals may be less than anticipated and other operational and development risks, market risks and regulatory risks. Readers are cautioned to not place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no responsibility to update or revise it to reflect new events or circumstances, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260408842348/en/
For further information please contact:

Fortune Minerals Limited

Troy Nazarewicz

Investor Relations Manager

info@fortuneminerals.com

Tel: (519) 858-8188

www.fortuneminerals.com


Original: Fortune Minerals Announces Process Waste Disposal Agreement With SECURE for Planned Alberta Refinery

Got in @ $0.035 cdn on Friday and will be adding. These guys are getting some good government funding to mine in the Northwest Territories. This will help get the precious metals for the electric car agenda push.

Volume is rising and good news from private investors.

What up with the gain today? No news. . .

Wtf the sell off all about?!

Recent article mentioning Fortune Minerals: http://m.scmp.com/business/commodities/article/2149027/china-goes-all-out-secure-lithium-cobalt-supplies-key

Great info in that presentation. Thanks
Fortune got their shit together

Good video on Fortune by CEO at Canadian Mining Symposium last month:

More on TASR:

https://cabinradio.ca/5824/news/all-season-road-to-whati-given-approval-despite-concerns/

Great article out today. Last section covers FTMDF. Look for section titled: SOURCING COBALT CLOSER TO HOME.

http://www.chemengonline.com/lithium-battery-demand-drives-process-evolution-cobalt-li-ion/?printmode=1

Awesome news. Cheers

Great news: TASR clears major milestone:

http://www.cbc.ca/news/canada/north/tlicho-winter-road-green-lit-1.4601011

https://finance.yahoo.com/news/fortune-minerals-provides-nico-project-180800831.html;_ylc=X1MDMTE5Nzc4NDE4NQRfZXgDMQRfeXJpZAM5ZWFsNnBoZGJxaDZhBGcDZFhWcFpEeHVjejQxTmpFeU1UVTFNQzB3WVdFMkxUTXlORFl0WVdRek9DMWpaRFUyTTJFNU5ESXdZMk4xZFdsa1BHNXpQa1pVTGxSUA0KBGxhbmcDZW4tVVMEb3JpZ19sYW5nA2VuBG9yaWdfcmVnaW9uA0NBBHBvcwMwBHJlZ2lvbgNVUwRzeW1ib2wDRlQuVE8-?.tsrc=applewf

https://finance.yahoo.com/news/fortune-minerals-provides-nico-project-

TASR and NICO discussed in recent article: http://s1.q4cdn.com/337451660/files/doc_downloads/articles/180301-Construction-North-of-60-Electrifying-time-for-Tlicho-Road.pdf

Cobalt price now at $95,250/MT = $43.20/lb: https://www.lme.com/Metals/Minor-metals/Cobalt#tabIndex=0

Cobalt price now at $90,250/ MT = $41.94/lb: https://www.lme.com/Metals/Minor-metals/Cobalt#tabIndex=0

Cobalt price now at $88,250/MT or $40.03/lb: https://www.lme.com/Metals/Minor-metals/Cobalt#tabIndex=0

Stripping over-burden has begun

Cobalt now trading at $38.22/lb ($84,250/MT): https://www.lme.com/Metals/Minor-metals/Cobalt#tabIndex=0

Just read an article that there is a 5 year projected cobalt shortage coming and the democratic republic of Congo has 60% of proven reserves. This should be enough to get the road and financing for NICO! Stock once traded about 3 bucks mining copper and gold but this they will have cooper gold and cobalt could see 5 bucks.....accumulate

Meant proven reserves not unproven

Just read this article and did the math. Fortune owns NICO which has about 5 billion unproven reserves half or more in cobalt used in lithium ion batteries but their market cap in about 60 million? Lol. Even if the can’t start up mining which doesn’t seem like a problem they can sell it to the big boys and make a mint. 20 cents seems too low. Even with the uncertainty it should be a buck and when the mine starts up 2-5 bucks a shares would be fair value depending on how high cobalt gets.

3 Well-Valued Cobalt Miners To Buy Right Nowhttp://www.seekingalpha.com/article/4138649

Cobalt now at $36.51/lb ($80,500/MT):

https://www.lme.com/Metals/Minor-metals/Cobalt#tabIndex=0

Phase 1 construction of the “road” has been narrowed down to 3 contractors.

Cheers

TD Ameritrade shows 333.44 million shares. Not sure about float.

Whats the OS and float here anyone?
TIA

The Case For Canadian Cobalt Companies
http://www.seekingalpha.com/article/4137525

https://www.google.com/amp/amp.dailycaller.com/2018/01/03/california-lawmaker-introduces-bill-to-ban-gas-powered-cars-by-2040/

https://www.google.com/amp/s/www.wsj.com/amp/articles/miners-wager-on-a-charge-in-demand-for-canadian-cobalt-1514808002

FTMDF Racking up new 52 week highs today.
No news releases - wonder what's going on?
What lit the fire under this one the last couple days?
Well, rock on, baby!
Happy trading.
Cheers
FTMDF

FTMDF - new 52 week high before the open.
Could be another strong day for FTMDF
Rock on!!
Happy trading!
Cheers
FTMDF

FTMDF - Barcharts, 100% buy, a beautiful chart if I ever saw one!!
https://www.barchart.com/stocks/quotes/FTMDF/opinion
New 52 week high.
Wonder what's gotten under this little lift off ?
Happy trading
Cheers
FTMDF

FTMDF - new 52 week high
Might be something coming down the pike, or people just interested in their mine?
Rock on, FTMDF
Happy trading
CheersFTMDF

Looking good, now! 11% up! Something huge is coming?

Cobalt at Bid/Ask: 75,000/75,100 per MT ($34.06/lb)

https://www.lme.com/Metals/Minor-metals/Cobalt#tabIndex=0

IMO huge news are around the corner!

Soungs good. Fortune is already up 10% today!

Nice move today. Already 10% up!

Looks like something's up here!

Today's cobalt price B/A: $69,500/$70,000 per MT ($31.50/$31.75)

https://www.lme.com/Metals/Minor-metals/Cobalt#tabIndex=0

On November 9 FTMDF made this comment in a press release:

"The current price of cobalt metal is approximately US$30 per pound, well above the US$16 per pound used in Fortune's 2014 Feasibility Study"

https://www.bloomberg.com/press-releases/2017-11-09/fortune-examines-higher-production-rate-in-nico-feasibility

Now it's $68,500/mt

http://www.infomine.com/investment/metal-prices/cobalt/1-year/

Thanks! When BMW decided it was strategic to begin building vehicles using carbon fiber, they did a JV with SGL and invested heavily in infrastructure to produce carbon fiber and convert it into automotive components to thereby becoming highly integrated in the conversion process. I see such an opportunity at this point in time where it makes sense to bring in a strategic partner and end user.

http://www.mining.com/web/volkswagens-talks-cobalt-producers-end-without-deal/

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2017-11-27/dispute-at-congo-cobalt-mine-heads-to-court-halts-metal-supply

Anyone aware of the reason behind the moves this week?