Fortune Bay Corp.

HALIFAX, June 28, 2016 /CNW/ - Wade Dawe ("Dawe"), personally and through holding companies Kelligrew Inc., 0718187 BC Ltd., Brigus Capital Inc. and Wade K. Dawe Inc., acquired ownership of a total of 2,806,168 common shares (the "Common Shares") of Fortune Bay Corp. (the "Issuer") in connection with the Transaction (as hereinafter defined), in accordance with the terms of the transaction agreement dated February 9, 2016 [...]

BEEK Investments announced the acquisition of 13,536,023 common shares of kneat.com, inc., representing approximately 34.2% of the issued and outstanding Common Shares of the Company on a non-diluted basis. The acquisition was effected in connection with the Transaction, in accordance with the terms of the transaction agreement dated February 9, 2016 among the Company, Kneat Solutions Limited and Fortune Bay, pursuant to [...]

kneat.com, inc. (formerly, Fortune Bay Corp.) is pleased to announce the completion of the previously announced transaction (the "Transaction"), pursuant to which, among other things, the Company has: (i) spun-out its resource properties by way of a court-approved plan of arrangement in Ontario; and (ii) acquired 100% of the issued and outstanding ordinary shares of Kneat Solutions Limited by way of a concurrent scheme of [...]

HALIFAX, June 16, 2016 /CNW/ - Fortune Bay Corp. ("Fortune Bay" or the "Company") (TSX: FOR) is pleased to provide the voting results of the annual and special meeting of shareholders of the Company held on June 15, 2016 in Halifax, Nova Scotia. The Shareholders have approved the Arrangement Resolution and the Fortune Merger Resolution as more particularly described in the management information circular of the Company [...]

Fortune Bay is pleased to provide the following update on the transaction with Kneat Solutions Limited and the spin-out of Fortune Bay's mining assets as more particularly described in the management information circular of the Company dated May 13, 2016. The annual and special meeting of shareholders of the Company is to be held on June 15, 2016 in Halifax, Nova Scotia, at which the transaction will be voted on by [...]

Fortune Bay is pleased to announce that it has closed the previously announced non-brokered private placement to raise $2,300,000 through the issuance of 7,665,550 common shares.  The common shares issued in connection with the private placement are subject to a four-month hold period that will expire on July 24, 2016.  The proceeds from the private placement will be used to fund the previously announced transaction with [...]

Fortune Bay and Kneat Solutions are pleased to announce that they have entered into a transaction agreement pursuant to which Fortune Bay will: (i) spin-out its resources properties by way of a court-approved plan of arrangement in Ontario; and (ii) acquire 100% of the issued and outstanding ordinary shares of Kneat by way of a concurrent scheme of arrangement in Ireland. The Merger will create a listed Canadian software [...]

Fortune Bay is pleased to announce the appointment of Brent MacKinnon as President and COO and Sarah Oliver as CFO, effective Nov. 10, 2014. Mr. MacKinnon has a career in private equity and investment banking spanning more than 15 years. Over the past 10 years at Abbey Group, Brent had a very successful track record in acquiring, managing, and divesting a portfolio of companies for shareholders in transactions that ranged [...]

Fortune Bay announces that Jon Legatto, Chief Financial Officer, has resigned from the Company to accept another opportunity. Prior to joining Fortune, Mr. Legatto served as the Chief Financial Officer of Brigus Gold Corp. Wade Dawe, Chairman and Chief Executive Officer of Fortune stated, "On behalf of the Board of Fortune, I want to thank Jon for his valuable and extensive service to both Fortune and to Brigus.   Jon [...]

Fortune Bay announces that it has initiated a strategic review process to explore alternatives for the enhancement of shareholder value. The review will consider various alternatives for the Company, including the potential sale of the Company's exploration assets, and any other options identified by executive management with the fundamental objective of realizing the best value for the Company's shareholders. Deloitte [...]