Fortune Minerals announces results of Annual and Special Meeting of Shareholders

Issued Capital: 188,158,720

LONDON, ON, June 25, 2014 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2014 Annual and Special Meeting of shareholders held on June 24, 2014 (the "Meeting") were elected as directors of Fortune. Detailed results of the vote for the election of directors are set out below:

Nominee

Votes For

% For

Votes Withheld

% Withheld

Shou Wu (Grant) Chen

64,031,623

99.66 %

212,250

0.34 %

Carl L. Clouter

64,035,063

99.67 %

211,810

0.33 %

George M. Doumet

64,070,104

99.72 %

176,769

0.28 %

James D. Excell

64,072,023

99.73 %

174,850

0.27 %

Robin E. Goad

64,035,082

99.67%

211,791

0.33%

David A. Knight

64,031,363

99.66 %

215,510

0.34 %

Mahendra Naik

64,059,004

99.71%

187,869

0.29 %

James W. Williams

64,086,823

99.75%

160,050

0.25%

Edward Yurkowski

64,002,863

99.62%

244,010

0.38%

Shareholders at the Meeting also approved the appointment of Fortune's auditors, the re-approval of Fortune's Stock Option Plan and the issuance of 2,086,127 common shares to Procon Resources Inc.

About Fortune Minerals

Fortune is a diversified North American mining and development company. It is the Operator of the Revenue silver-gold-lead-zinc mine in Colorado, U.S.A. Fortune is also developing the vertically integrated NICO gold-cobalt-bismuth-copper mine and mill in the Northwest Territories ("NT"), the proposed refinery in Saskatchewan, and the Arctos anthracite metallurgical coal project in British Columbia. The Company also owns the Sue-Dianne copper-silver-gold deposit and other exploration projects in the NT. Fortune is focused on outstanding performance and growth of shareholder value through assembly, development and operation of high quality mineral resource projects.

SOURCE Fortune Minerals Limited

For further information: Fortune Minerals Limited: Robin Goad, President, or Troy Nazarewicz, Investor Relations Manager, info@fortuneminerals.com, Tel.: (519) 858-8188, www.fortuneminerals.com; Renmark Financial Communications: Barbara Komorowski: bkomorowski@renmarkfinancial.com, or Farialle Pacha: fpacha@renmarkfinancial.com, Montreal Tel: (514) 939-3989, Toronto Tel. (416) 644-2020, www.renmarkfinancial.com