FORTUNE BAY ANNOUNCES C$8 MILLION BOUGHT DEAL PRIVATE PLACEMENT

Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce that it has entered into an agreement with Cormark Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the "Underwriters") in connection with a "bought deal" private placement of: (i) 1,438,900 common shares of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax A
Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce that it has entered into an agreement with Cormark Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the "Underwriters") in connection with a "bought deal" private placement of: (i) 1,438,900 common shares of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax A