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Fortune Bay Announces Plans for Gold Projects

Fortune Bay Announces Plans for Gold Projects

Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce plans to advance its 100% owned gold projects in Saskatchewan, Canada (the “Goldfields Project”) and Chiapas, Mexico (the “Ixhuatán Project”). The plans, highlighted below, are designed to materially advance the projects, demonstrate their intrinsic value and deliver key value drivers for the Company as it embarks on the process of unlocking value for these two significant gold assets.

Fortune Bay Closes $3,000,000 Private Placement

Fortune Bay Closes $3,000,000 Private Placement

Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce that it has closed its non-brokered private placement (the “Offering”), previously announced on April 7, 2025, for aggregate gross proceeds of $3,000,000. The Company issued 9,375,000 units. Each unit was issued at a price of $0.32 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant is exercisable into one common share of the Company at an exercise price of $0.45 per share for the first year from the date of issuance and $0.55 per share for the second year from the date of issuance. Directors, officers and other non-arm’s length parties of the Company subscribed for an aggregate of 1,531,250 units.

Fortune Bay to Increase Non-brokered Private Placement

Fortune Bay to Increase Non-brokered Private Placement

Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce that it intends to increase the non-brokered private placement (the “Offering”), previously announced on April 2, 2025, to aggregate gross proceeds of up to $3,000,000. The Company intends to issue up to 9,375,000 units. Each unit will be issued at a price of $0.32 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant will be exercisable into one common share of the Company at an exercise price of $0.45 per share for the first year from the date of issuance and $0.55 per share for the second year from the date of issuance.

Fortune Bay to Complete Non-brokered Private Placement

Fortune Bay to Complete Non-brokered Private Placement

Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $2,800,000 (the “Offering”). The Company intends to issue up to 8,750,000 units. Each unit will be issued at a price of $0.32 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant will be exercisable into one common share of the Company at an exercise price of $0.45 per share for the first year from the date of issuance and $0.55 per share for the second year from the date of issuance.

Aero Energy and Fortune Bay Commence Drilling at Howland Lake, Murmac Uranium Project

Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce the commencement of drilling at Howland Lake on the Murmac Uranium Project (“Murmac” or the “Project”), located in northern Saskatchewan near Uranium City.

The program is expected to include up to six drill holes, totalling approximately 900 metres, to further test the Howland Lake electromagnetic (“EM”) conductors which returned uranium intercepts from first-pass drilling. As demonstrated from previous exploration results, the Project has potential to host high-grade, basement-hosted deposits typical of the Athabasca Basin.

Sona Presents Additional Preclinical Data Demonstrating Repeated Ability Of Its Cancer Therapy To Inhibit Tumor Growth In Colorectal Cancer Model

Sona Presents Additional Preclinical Data Demonstrating Repeated Ability Of Its Cancer Therapy To Inhibit Tumor Growth In Colorectal Cancer Model

Halifax, Nova Scotia – (Newsfile Corp. – March 19, 2025) – Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) (the “Company”, “Sona”) is pleased to provide updated data confirming efficacy of its Targeted Hyperthermia Therapy (“THT”) cancer treatment in an immunotherapy resistant cancer. In this follow-up data to the previously released preliminary study (see press release dated December 11, 2024), again using an industry-standard, immunotherapy resistant, CT-26 colon cancer model, Sona’s THT cancer treatment was 100% effective in activating a strong, effective immune system response. In these experiments, animals treated with a PD-1 checkpoint inhibitor, a standard of care immunotherapy, experienced no benefit with tumors growing similarly to tumors in the control group of untreated animals. However, in a new, second cohort of eight animals first treated with Sona’s THT and then treated with a PD-1 inhibitor, 100% of animals responded demonstrating near complete arrest in tumor growth in the majority of animals as highlighted by the dashed green line in Figure 1, below.

Torrent Capital Provides an Update on its Solana Holdings

Torrent Capital Provides an Update on its Solana Holdings

Torrent Capital Ltd., (TSXV: TORR), (“Torrent”) announces it has acquired an additional 8,651 Solana (SOL) tokens since February 20, 2025, when it provided its previous update on Solana holdings. As of March 3, 2025, Torrent holds a total of 26,382 SOL tokens, which are generating a yield from staking rewards. Torrent plans to increase its investment and participation in the Solana ecosystem by accumulating SOL tokens and staking them to earn rewards.

Aero Energy and Fortune Bay Announce Winter Drill Targets for the Murmac Uranium Project

Aero Energy and Fortune Bay Announce Winter Drill Targets for the Murmac Uranium Project

Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce winter drill targets for the Murmac Uranium Project (“Murmac” or the “Project”), located in northern Saskatchewan near Uranium City. The drill targets are supported by the recent completion of a radon-in-water survey at Howland Lake which produced strong anomalies along strike of the high-grade uranium drill intersections obtained during summer 2024. A winter drilling program, to test these targets, is expected to commence in March 2025.