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Fortune Minerals Announces Results of Annual General Meeting of Shareholders

Shareholder Meetings

June 26, 2019 Issued Capital: 347,303,220

NEWS RELEASE

FORTUNE MINERALS ANNOUNCES RESULTS OF ANNUAL GENERAL

MEETING OF SHAREHOLDERS

LONDON, ONTARIO, Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) (“Fortune” or the

“Company”) ( www.fortuneminerals.com) reports that the nominees listed in the management

information circular for the 201 9 Annual General Meeting of shareholders held on June 25, 2019 (the

“Meeting”) were elected as directors of Fortune. Detailed results of the vote based on proxies received

are set out below:

Nominee Votes For % For Votes Withheld % Withheld

Carl Clouter 67,722,272 92.08 % 5,827,394 7.92 %

Robin E. Goad 70,466,992 95.81 % 3,082,674 4.19 %

Glen Koropchuk 69,871,782 95.00 % 3,677,884 5.00 %

John McVey 72,113,159 98.05 % 1,436,507 1.95 %

Mahendra Naik 70,996,682 96.53 % 2,552,984 3.47 %

David Ramsay 72,644,429 98.77 % 905,237 1.23 %

Edward Yurkowski 72,642,059 98.77 % 907,607 1.23 %

Shareholders at the Meeting also approved the appointment of Fortune’s auditors.

About Fortune Minerals

Fortune is a Canadian mining company focused on developing the NICO C obalt-Gold-Bismuth-

Copper Project in the Northwest Territories. The Company has an option to purchase lands in

Saskatchewan where it may build the hydrometallurgical plant to process NICO metal concentrates.

Fortune owns the Sue -Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project,

which is a potential future source of incremental mill feed to extend the life of the NICO Project mill.

Follow Fortune Minerals:

Click here to subscribe to Fortune’s email list.

Click here to follow Fortune on LinkedIn.

FORTUNE MINERALS LIMITED

148 Fullarton Street, Suite 1600, London, Ontario, Canada N6A 5P3

Tel. 519-858-8188 ~ Fax. 519-858-8155

For further information please contact:

Fortune Minerals Limited

Troy Nazarewicz

Investor Relations Manager

[email protected]

Tel.: (519) 858-8188

www.fortuneminerals.com