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Fortune Bay Corp.

Name: Fortune Bay Corp.
Address: 1969 Upper Water Street, Suite 2001, Halifax, NS, B3J3R7, CA
Telephone: +19024221421

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Fortune Bay Corp.

TSXV: FOR | OTCQB: FTBYF Fortune Bay Corp.

Canadian gold development company advancing the Goldfields Gold Project in Saskatchewan — an advanced gold project moving toward a construction decision while continuing to drill for resource growth. (TSXV:FOR, FWB: 5QN, OTCQB: FTBYF) is a gold exploration and development company uniquely positioned at a time when macroeconomic tailwinds for gold are strengthening. With a dual-jurisdiction portfol

io in Saskatchewan and Mexico, and a business model focused on advancing projects through discovery and early-stage development, Fortune Bay offers investors a compelling and undervalued opportunity in the junior exploration space.

09/02/2026

Gold posted its strongest monthly gain since January, climbing to over US$4,600 mid-month before settling near US$4,400.

This month's Gold Market Highlights walks you through what drove the move, how Chair Warsh's Jackson Hole remarks shifted September rate expectations, and the latest from Goldfields in northern Saskatchewan.

Watch the full recap, then follow our progress at Goldfields: https://bit.ly/3SA73ny

08/26/2026

Central banks have bought roughly 1,000 tonnes of gold per year since 2022, according to the World Gold Council (), and its modelling suggests every 20 to 30 tonnes of buying above the long-run average of around 600 tonnes translates into roughly a 1% move in the gold price.

A supported gold price only matters to you to the degree it reaches the share level. Our lean share count and disciplined capital allocation are built to keep the value created at Goldfields concentrated rather than diluted away.

We broke down how per-share leverage works in a recent blog post: https://bit.ly/4gPgEA0

08/19/2026

Total ounces get the headlines. Grade quietly does the work.

Goldfields hosts an Indicated resource of 24.0 Mt at 1.28 g/t gold, approximately 1.0 million ounces, placing it among the highest-grade open-pit gold developments in the Americas (S&P Capital IQ data).

Grade decides how hard each tonne works for you. More gold per tonne milled means more revenue per tonne and a lower effective cost per ounce, which is why grade sits near the top of the checklist for experienced investors, and why it underpins the Updated PEA base case of C$610 million after-tax NPV(5%) at US$2,600/oz gold.

Explore the Goldfields Project in detail: https://bit.ly/4geWldP

08/12/2026

Gold demand told a clear story in the first half of 2026. A record US$380 billion in H1 demand value. Central bank buying up 62 percent year-on-year in Q2. And on the other side of the ledger, only modest growth expected from mine supply.

That gap between sustained demand and constrained new supply is the environment we operate in, and it is why we continue advancing Goldfields in northern Saskatchewan toward a Pre-Feasibility Study.

Follow our progress at Goldfields: https://bit.ly/4xsEyH6

08/04/2026

A tight share structure can go overlooked amidst the headline stats on a project.

NPV tells you the size of the opportunity. Share structure tells you how much of it reaches you.

Our lean share count and insider ownership are built to protect that value as Goldfields advances.

Full breakdown in our latest blog post: https://bit.ly/3U4ixjg

07/28/2026

Goldfields has a head start.

The project already holds a provincially approved Environmental Impact Statement from 2008, covering an open-pit mine at Box and a 5,000 tonne-per-day processing facility.

Updating an approved EIS is materially faster and less costly than initiating a new one. It amends existing work rather than starting a full baseline data collection from a blank page.

That is time and capital that stays available for Pre-feasibility work.

More on the Goldfields project:https://bit.ly/4yOTJMm

07/21/2026

Goldfields is designed at just under 5,000 tpd.

Not because that is what the deposit can support.

Because that is what the permitting pathway rewards.

At sub-5,000 tpd, the project qualifies for Saskatchewan's provincial permitting pathway rather than the federal one, and builds on the valid 2008 Environmental Impact Statement rather than initiating a new study. The design also supports a C$301M initial capital estimate.

A larger design would produce bigger headline numbers. It would also carry federal permitting, a longer timeline, higher upfront capital, and more ex*****on risk.

TThe team chose the pathway with the cleanest line to production.

The team chose the pathway with the cleanest line to production. More on the Goldfields project, link in the first comment.

07/16/2026

Fortune Bay CEO Dale Verran is in Kelowna this week for the 7th annual TSX Venture Growth Capital Event, hosted by Capital Event Management at the Delta Grand Okanagan, July 17 to 19.

Dale will be walking investors through Goldfields, the flagship gold project in northern Saskatchewan currently advancing through PFS-level studies, and the partner-funded uranium portfolio in the Athabasca Basin.

More about the event:

07/09/2026

Per-share leverage starts with a lean share structure.

Fortune Bay has 69.9 million shares outstanding, the lowest share count by a meaningful margin among its PEA-stage gold development peer group.

Goldfields is also not starting from scratch. The current mine plan is based on 97% Indicated Resources, limiting the need for major infill drilling. The project benefits from an existing EIS approval and legacy PFS-level datasets, with current work focused on filling data gaps to modern standards.

Capital can therefore remain focused on targeted technical work to advance Goldfields toward a Pre-Feasibility Study, while partner-funded uranium projects provide non-dilutive revenue to help support overhead.

A lean structure. A defined path. More upside per share as milestones are reached.

More on Fortune Bay’s share structure: https://bit.ly/3R2TrQK

Address

1969 Upper Water Street, Suite 2001
Halifax, NS
B3J3R7

Opening Hours

Monday	8am - 5pm
Tuesday	8am - 5pm
Wednesday	8am - 5pm
Thursday	8am - 5pm
Friday	8am - 5pm

Telephone

+19024221421

Website

https://fortunebaycorp.com/

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