10:00 AM EST - Fortune Bay Corp. : Announced that Wade Dawe, personally and through holding companies Kelligrew Inc., 0718187 BC Ltd., Brigus Capital Inc. and Wade K. Dawe Inc., acquired ownership of a total of 2,806,168 common shares of Fortune Bay Corp. in connection with the Transaction (as hereinafter defined), in accordance with the terms of the transaction agreement dated February 9, 2016 among kneat.com, inc. Kneat Solutions Limited and the Issuer, pursuant to which, the Old Fortune has (i) spun-out its resources properties by way of a court-approved plan of arrangement in Ontario resulting in the creation of the Issuer; and (ii) acquired 100% of the issued and outstanding ordinary shares of Kneat by way of a concurrent scheme of arrangement in Ireland. Fortune Bay Corp.
shares T.FOR are trading unchanged at $0.35.
