• Fortune Minerals published fiscal 2025 MD&A outlining progress on vertically integrated NICO cobalt-gold-bismuth-copper project, including planned mine in Northwest Territories and hydrometallurgical plant in Alberta.
• Purchase of Hydromet Facility site in Lamont County, Alberta completed for CAD 6 million, funded by CAD 3.8 million loan from Prosper NWT.
• Metallurgical test work reported process improvements, including bismuth circuit results producing 95%–97% bismuth cement filter cake.
• Engineering work advanced on updated feasibility study, with mine-site facilities work nearing completion and hydromet plant mass and water balance model nearing completion.
• Liquidity update showed cash and cash equivalents of CAD 2.3 million at year-end, with negative working capital of CAD 16.2 million; Fortune flagged need for additional financing in 2026 to fund critical-path work and repay debt due April 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortune Minerals Limited published the original content used to generate this news brief on April 01, 2026, and is solely responsible for the information contained therein.