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Fortune Bay FY26 H1 net loss widens to CAD 1.2 million
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Fortune Bay FY26 H1 net loss widens to CAD 1.2 million
  • Fortune Bay posted a net loss of CAD 174,590 for the three months ended June 30, 2026, narrowing from CAD 217,802 a year earlier.
  • Six-month net loss widened to CAD 1.2 million from CAD 595,854, while operating expenses rose to CAD 1.36 million from CAD 562,640.
  • Cash and cash equivalents fell to CAD 4.67 million at June 30, 2026 from CAD 7.9 million at Dec. 31, 2025.
  • Restricted cash climbed to CAD 1.85 million from CAD 10,751, while exploration and evaluation assets increased to CAD 27.66 million from CAD 24.89 million.
  • Accounts payable and accrued liabilities rose to CAD 2.21 million from CAD 710,788, while total assets increased to CAD 35.54 million from CAD 33.67 million.


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 Bay Corp. published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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