12 November 2014
11/12/2014
Issued Capital: 194,578,180
LONDON, ON, Nov. 12, 2014 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has received approval from the majority of disinterested shareholders of the Company to issue an aggregate of 17,744,000 common shares of the Company to the former owners (the "Vendors") of the Revenue Silver Mine ("RSM") in southwest Colorado. The issuance of these shares is the final instalment to complete the purchase of a 100% interest in the RSM (see Fortune News Release dated October 1, 2014). With the RSM acquisition, Fortune has successfully transitioned to a producing mining company with two organic development assets to grow the business.