Business
FORTUNE BAY APPOINTS PATRICK MCGRATH AS CHIEF FINANCIAL OFFICER
FORTUNE BAY APPOINTS PATRICK MCGRATH AS CHIEF FINANCIAL OFFICER Canada NewsWire H...
About this update from Fortune Bay Corp.
[{"type":"text","content":"\n\n\nFORTUNE BAY APPOINTS PATRICK MCGRATH AS CHIEF FINANCIAL OFFICER\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nHALIFAX, NS, Dec. 4, 2025 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (\"Fortune Bay\" or the \"Company\") is pleased to announce the appointment of 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.\n\n\n\n\n\n\n\nPatrick McGrath – Experienced Resource-Sector ExecutiveMr. 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.\nMr. 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 track record of supporting resource companies through exploration, development, and growth stages.\nLeadership TransitionMs. 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.\nDale Verran, CEO 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 ye...