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Due Diligence
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Drn
2026-09-13
02:56:50
Due Diligence

1. At the current $500K stretch target, how many meters and drill holes do you expect to complete at Gowan, what are the estimated all-in costs per meter, and which specific targets will be tested first?
2. Can you provide the original source/assessment report for the historical FH-68 result reported at approximately 3.5% nickel and 1.52% copper?
3. If the initial Gowan drilling produces economically interesting mineralization, is Fortunes preferred strategy to finance resource delineation itself, pursue a JV/earn-in with a larger miner, or sell/option the project? Approximately how much capital does management expect Fortune itself would need before reaching a strategic transaction?
4. Will Reg CF common shareholders have preemptive rights under the charter that will apply to future equity issuances? Does the Series A Preferreds 70% voting control have any liquidation preference, dividend preference, redemption rights, or other economic preference over common stock?

Thanks!

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