Mr. Dale Verran reports

FORTUNE BAY APPOINTS PATRICK MCGRATH AS CHIEF FINANCIAL OFFICER

Fortune Bay Corp. has appointed Patrick McGrath as chief financial officer (CFO). Mr. McGrath succeeds Sarah Oliver, who will be stepping aside after serving as CFO since 2016. Ms. Oliver will remain involved over the coming months to ensure a smooth transition.

Patrick McGrath -- experienced resource-sector executive

Mr. McGrath is a seasoned finance executive with over 25 years of experience in the resource industry. He has held senior leadership roles in multiple public companies, most recently as chief executive officer of Blue Moon Metals Inc. until November, 2024, and previously as chief financial officer and later chief executive officer of Hemlo Mining Corp. until May, 2023, then known as Carcetti Capital Corp., a former-producing oil and gas company in Eastern Europe.

Mr. McGrath holds a bachelor of commerce from Memorial University and is a chartered professional accountant (CPA) in Canada. He brings extensive expertise in corporate finance, capital markets and financial strategy, with a proven record of supporting resource companies through exploration, development and growth stages.

Leadership transition

Ms. Oliver has played a key role in Fortune Bay's financial stewardship for nearly a decade, ensuring strong compliance, reporting integrity and fiscal discipline. Her contributions have been instrumental in positioning the company with a solid financial foundation as it advances its gold project portfolio.

Dale Verran, chief executive officer of Fortune Bay, commented: "On behalf of the board and management team, I am delighted to welcome Patrick McGrath to Fortune Bay. Patrick's depth of financial expertise and leadership experience will be invaluable as we advance our projects and pursue growth opportunities. I would also like to sincerely thank Sarah Oliver for her many years of dedicated service. Sarah has been a trusted steward of our financial operations and a valued member of our leadership team. We are grateful for her contributions and support through this transition."

Patrick McGrath, incoming CFO, stated: "I am excited to be joining Fortune Bay at such a pivotal and exciting time for the company. With a strong project portfolio, a clear growth strategy and significant opportunities ahead, I look forward to contributing to Fortune Bay's success and working with the team to deliver value for shareholders."

About Fortune Bay Corp.

Fortune Bay is a gold exploration and development company advancing high-potential assets in Canada and Mexico. With a strategy focused on discovery, resource growth and early stage development, the company targets value creation at the steepest part of the value creation curve. Its portfolio includes the development-ready Goldfields project in Saskatchewan, the resource-expansion Poma Rosa project in Mexico, and an optioned uranium portfolio in the Athabasca Basin providing non-dilutive capital and upside exposure. Backed by a technically proven team and tight capital structure, Fortune Bay is positioned for multiple near-term catalysts.

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