HALIFAX, June 9, 2014 /CNW/ - Fortune Bay Corp. ("Fortune"
or the "Company") (TSX: FOR) 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 made a
significant contribution to Brigus
as CFO and prior to that as VP Finance for the company, and played
a leading role during the recent sale of the company. I
wish Jon every success in his new position and his future
endeavors."
Rob Randall will be appointed
Chief Financial Officer upon the departure of Mr. Legatto.
Mr. Randall is a Chartered Accountant with extensive financial
experience within the public company environment. Mr. Legatto
will assist during the transition period.
About Fortune Bay
Fortune Bay is engaged in the exploration and potential
development of two primary mining projects; the Goldfields project
and the Ixhuatán project. The Goldfields project is a property
comprised of 25,685 ha located in northern Saskatchewan and consists of two gold
deposits: the Box deposit and the Athona deposit. The Ixhuatán
project is located in the northern Chiapas State in Mexico covering 4,176 ha.
Fortune Bay Corp. was created as a result of a merger between
Primero Gold and Brigus Gold whereby these development stage mining
assets and cash were spun out into the new company.
Cautionary and Forward-Looking
Statements
Except for the statements of historical fact contained herein,
certain information presented constitutes "forward-looking
information" within the meaning of applicable Canadian securities
laws. Such forward-looking information, includes, but is not
limited to, the appointment of a new chief financial officer and
the timing thereof. While such forward-looking statements are
expressed by Fortune, as stated in this release, in good faith and
believed by Fortune to have a reasonable basis, they are subject to
important risks and uncertainties. As a result of these risks and
uncertainties, the events predicted in these forward-looking
statements may differ materially from actual results or events.
These forward-looking statements are not guarantees of future
performance, given that they involve risks and uncertainties.
Fortune does not undertake any obligation to release publicly
revisions to any forward-looking statement, except as may be
required under applicable securities laws. Investors should not
assume that any lack of update to a previously issued
forward-looking statement constitutes a reaffirmation of that
statement. Continued reliance on forward-looking statements is at
investors' own risk.
SOURCE Fortune Bay Corp.