Fortune Minerals Reports Second Quarter Financial Results

Issued Capital: 190,244,847

LONDON, ON, Aug. 14, 2014 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company")  reports that its consolidated financial statements and management's discussion and analysis of financial condition and results of operations for the period ended June 30, 2014 have been filed and are available on SEDAR (www.sedar.com) and will be available soon through the Company's web site (www.fortuneminerals.com).

About Fortune Minerals:

Fortune is a diversified North American mining and development company. Fortune operates the Revenue Silver Mine in Colorado and is developing the vertically integrated NICO gold-cobalt-bismuth-copper project that is comprised of a proposed mine and mill in the Northwest Territories ("NT") that will produce a bulk concentrate for shipment to a refinery in Saskatchewan for processing to high value metal and chemical products. Fortune is also developing the Arctos anthracite metallurgical coal project in British Columbia and 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 and development of high quality mineral resource projects.

SOURCE: Fortune Minerals Limited

Fortune Minerals Limited: Robin Goad, President, or Troy Nazarewicz, Investor Relations Manager, [email protected], Tel.: [phone], www.fortuneminerals.com; Renmark Financial Communications: Barbara Komorowski, [email protected], or Farialle Pacha, [email protected], Montreal Tel: [phone], Toronto Tel. [phone], www.renmarkfinancial.com