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Fortune Minerals Q2 FY26 net loss widens to CAD 3.57 million; six-month net loss worsens to CAD 5.73 million

PUBT·08/14/2026 20:10:04
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Fortune Minerals Q2 FY26 net loss widens to CAD 3.57 million; six-month net loss worsens to CAD 5.73 million
  • Fortune Minerals posted a net loss of CAD 3.57 million for the three months ended June 30, versus CAD 1.77 million a year earlier.
  • Loss per share held at CAD 0.01, while total expenses climbed to CAD 3.57 million from CAD 1.84 million.
  • Loss on extinguishment of debt was CAD 2.33 million, while convertible security fair-value losses rose to CAD 545,591 from CAD 344,273.
  • Cash and cash equivalents edged up to CAD 2.3 million, while current debt fell to CAD 3.83 million from CAD 15.26 million.
  • Six-month net loss widened to CAD 5.73 million from CAD 2.75 million, while cash used in operating activities increased to CAD 1.53 million from CAD 497,776.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortune Minerals Limited published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.