Fortune Bay Corp. Announces Management Appointments

HALIFAX, Nov. 6, 2014 /CNW/ - Fortune Bay Corp. (TSX: FOR) is pleased to announce the appointment of Brent MacKinnon as President and COO and Sarah Oliver as CFO, effective Nov. 10, 2014.

Mr. MacKinnon has a career in private equity and investment banking spanning more than 15 years. Over the past 10 years at Abbey Group, Brent had a very successful track record in acquiring, managing, and divesting a portfolio of companies for shareholders in transactions that ranged from succession planning situations to management and strategic buyouts. Brent has extensive experience in a wide range of industries including distribution, healthcare, education, printing and packaging, pet food, and general manufacturing. Prior to Abbey Group, Brent was Vice President in the corporate finance group at Deloitte, where he specialized in capital raising, mergers and acquisitions, and other financial advisory services, mainly for middle-market companies. He holds an MBA from Wilfred Laurier University and is a CFA charter holder.

Ms. Oliver graduated from Dalhousie University with a Bachelor of Commerce degree in 2005 and went on to complete her Chartered Accountant designation in 2006.  Sarah started her career with PwC Halifax in their Consulting and Deals group and has been working in the Assurance practise for a number of years, most recently as a Senior Manager. She assisted her clients through various acquisitions and mergers, public and private financings and advising on accounting policy and control implementation.  Sarah also volunteers her time as Secretary of the Board of Directors of the Nova Scotia SPCA and as a Council Member of the Institute of Chartered Accountants of Nova Scotia.

Wade Dawe, Fortune Bay Chairman and CEO, commented "I would like to thank Rob Randall for his service as CFO during this interim transition period. His contribution during this time is greatly appreciated and I look forward to working with Rob again in the future."

SOURCE: Fortune Bay Corp.

Fortune Bay, 1969 Upper Water Street, Suite 2001, Halifax, NS, B3J 3R7, 1-866-785-0456, [email protected]