18 April 2016
Issued Capital: 255,649,007
Key Highlights
LONDON, ON, April 18, 2016 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces the appointment of former minister of the Government of the Northwest Territories ("GNWT") Mr. David Ramsay to the Company's board of directors. Mr. Ramsay has more than 20 years of elected public office experience in the Northwest Territories, which included prominent cabinet positions in the Legislative Assembly. Prior to November 2015, he was Minister of Industry, Tourism and Investment that includes the preeminent mining portfolio, accounting for about 50% of private sector GDP in this jurisdiction. Mr. Ramsay has also served as Minister of Justice, Attorney General, Minister of Transportation and the Minister Responsible for the Public Utilities Board for the GNWT. Mr. Ramsay brings important political experience and business acumen to the board while Fortune works with three levels of government on road and power infrastructure initiatives that are important to the success of the Company's NICO gold-cobalt-bismuth-copper project.