Fortune Minerals Releases 2012 Annual Financial Results

FORTUNE MINERALS LIMITED 148 Fullarton Street, Suite 1600, London, Ontario, Canada N6A 5P3 Tel. 519-858-8188 ~ Fax. 519-858-8155

March 4, 2013 Issued Capital: 121,276,976

NEWS RELEASE

FORTUNE MINERALS RELEASES 2012 ANNUAL FINANCIAL RESULTS

Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) (“Fortune” or the “Company”) is pleased to announce that its annual audited consolidated financial statements and management’s discussion and analysis of financial condition and results of operations for the year ended December 31, 2012 have been filed and are available on SEDAR (www.sedar.com) and will be available soon through the Company’s web site (www.fortuneminerals.com).

About Fortune Minerals:

Fortune is a diversified resource company with several mineral deposits and a number of exploration projects, all located in Canada. The Company is focused on the development of the Arctos Anthracite Project in British Columbia (“BC”) and the NICO gold-cobalt-bismuth-copper deposit in the NT. As part of the development of the NICO deposit, Fortune is developing the Saskatchewan Metals Processing Plant (“SMPP“) in Saskatchewan to process NICO concentrates to high value metal products. In addition, the Company owns the Sue-Dianne copper-silver-gold deposit and other exploration projects in the NT. Fortune is focused on outstanding performance and growth of shareholder value through assembly and development of high quality mineral resource projects.

For further information please contact:

Fortune Minerals Limited Renmark Financial Communications

Robin Goad, President, or Barbara Komorowski: [email protected], or Troy Nazarewicz Nadia Marks: [email protected] Investor Relations Manager Montreal Tel: (514) 939-3989, Toronto Tel. (416) 644-2020 [email protected] Montreal Fax: (514) 939-3717, Toronto Fax. (416) 644-2021 Tel.: (519) 858-8188 www.renmarkfinancial.com Fax: (519) 858-8155 www.fortuneminerals.com