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Fortune Minerals Ltd.

Fortune Minerals Ltd.

Sector: Miscellaneous Metal Ores Not Elsewhere Classified Region: Canada


: | Toronto Stock Exchange: FT | OTCQX: FTMDF


Fortune Minerals Limited is a diversified North American mining and development company. The Company operates the Revenue Silver Mine in Colorado and is developing the vertically integrated NICO gold-cobalt-bismuth-copper project that is comprised of a mine and mill in the Northwest Territories that will produce a bulk concentrate for shipment to a refinery in Saskatchewan for processing to high value metal products. Fortune is also developing the Arctos Anthracite Project in British Columbia and owns the Sue-Dianne copper-silver-gold deposit and other exploration projects in the Northwest Territories. Fortune is focused on outstanding performance and growth of shareholder value through assembly and development of high quality mineral resource projects.

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Executives

Robin E. Goad, M.Sc., P.Geo., President and C.E.O.
Robin Goad is a geologist and is President and CEO of the Company. Prior to founding Fortune Minerals, Robin worked in the mining and exploration industry in Canada and Internationally with Noranda, Teck and as a consultant.
Mahendra Naik, B.Comm., C.P.A., C.A., Interim CFO, Chairman, Director, & Interim C.F.O.
Mahendra Naik is a Chartered Accountant and was one the founding directors and key executives in starting IAMGOLD Corporation, a TSX and NYSE listed gold mining company. As Chief Financial Officer from 1990 to 1999, he was involved in the negotiations of the Sadiola and Yatela mine joint ventures with Anglo American and the US$400 million in project debt financings for development of the mines. In addition, he was involved in more than $150 million in equity financings including the IPO for IAMGOLD. Mahendra is currently the Chief Executive Officer of FinSec Services Inc., a private business advisory company and a director and member of the audit and compensation committees for IAMGOLD. In addition, Mahendra is a Director and member of audit ,compensation and risk/control committees of FirstGlobalData Limited , Goldmoney Network Limited and Jameson Bank.
Mike A. Romaniuk, B.A. Sc., P. Eng, Vice President Operations & C.O.O.
Mike Romaniuk has extensive global engineering, mining, mineral processing and smelting operations, and construction experience gained from more than 25 years in the sector primarily with Xstrata Nickel and Falconbridge. His career included senior positions in charge of Sudbury’s integrated operations, the Koniambo ferronickel project as well as the development of other mines and facilities in the Falconbridge group.
Richard P. Schryer , M.Sc., Ph.D., Director of Regulatory & Environmental Affairs
Rick Schryer is an aquatic scientist with more than 23 years of experience in mine permitting, environmental assessments, environmental studies and monitoring. Prior to Fortune, he worked with Golder Associates.

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