HALIFAX, June 9, 2014 /PRNewswire/ - 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.