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Fortitude Gold Announces 2023 Annual Meeting of Shareholders

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Fortitude Gold Corp. (OTCQB:FTCO) has scheduled its annual meeting of shareholders for May 18, 2023, at 9:00 a.m. MST in Colorado Springs, CO. The record date for determining eligible shareholders to vote is March 20, 2023. The company operates in the gold production sector, focusing on low operating costs and high margins, with a debt-free strategy and a commitment to substantial dividends. Fortitude Gold’s Nevada operations feature multiple high-grade gold properties, including the producing Isabella Pearl gold mine, situated in a mining-friendly jurisdiction. The company emphasizes its growth plans and potential risks, including uncertainties related to COVID-19 impacts.

Positive
  • Scheduled annual meeting on May 18, 2023, for shareholder engagement.
  • Focuses on low operating costs and high margins, enhancing profitability.
  • Operates in a mining-friendly jurisdiction in Nevada, benefiting future production.
Negative
  • Forward-looking statements indicate potential risks and uncertainties regarding future production rates.
  • COVID-19 may impact mining operations and supply chains, leading to unpredictable results.

COLORADO SPRINGS, CO / ACCESSWIRE / February 21, 2023 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") announced today that it will hold its annual meeting of shareholders in person at 9:00 a.m. Mountain Standard Time (MST) on Thursday, May 18, 2023 at the DoubleTree by Hilton Hotel, 1775 E Cheyenne Mountain Blvd., Colorado Springs, Colorado 80906. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield.

The Company has fixed the close of business on March 20, 2023 as the record date for determining shareholders entitled to notice of, and to vote at, the annual meeting and any adjournments or postponements thereof.

About Fortitude Gold Corp.:

Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, high margins, and strong returns on capital. The Company's strategy is to grow organically, remain debt-free and distribute substantial dividends. The Company's Nevada Mining Unit consists of five high-grade gold properties located in the Walker Lane Mineral Belt and a sixth high-grade gold property in west central Nevada. The Isabella Pearl gold mine, located on the Isabella Pearl mineralized trend, is currently in production. Nevada, U.S.A. is among the world's premier mining friendly jurisdictions.

Cautionary Statements: This press release contains forward-looking statements that involve risks and uncertainties. If you are risk-averse you should NOT buy shares in Fortitude Gold Corp. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material are forward-looking statements. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements.

Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release. In particular, the scope, duration, and impact of the COVID-19 pandemic on mining operations, Company employees, and supply chains as well as the scope, duration and impact of government action aimed at mitigating the pandemic may cause future actual results to differ materially from those expressed or implied by any forward-looking statements. Also, there can be no assurance that production will continue at any specific rate.

Contact:

Greg Patterson
719-717-9825
greg.patterson@fortitudegold.com
www.Fortitudegold.com

SOURCE: Fortitude Gold Corporation



View source version on accesswire.com:
https://www.accesswire.com/740180/Fortitude-Gold-Announces-2023-Annual-Meeting-of-Shareholders

FAQ

When is the annual meeting for Fortitude Gold Corp. (FTCO)?

The annual meeting for Fortitude Gold Corp. is scheduled for May 18, 2023, at 9:00 a.m. MST.

What is the record date for shareholders to vote at Fortitude Gold's meeting?

The record date for determining eligible shareholders is March 20, 2023.

What is the focus of Fortitude Gold Corp. (FTCO) in terms of operations?

Fortitude Gold focuses on gold production with low operating costs and high margins, aiming for substantial dividends.

What properties are included in Fortitude Gold's Nevada Mining Unit?

The Nevada Mining Unit includes five high-grade gold properties and the producing Isabella Pearl gold mine.

What risks does Fortitude Gold Corp. (FTCO) highlight in their press release?

The company cautions about risks related to forward-looking statements and potential impacts from COVID-19 on operations.

FORTITUDE GOLD CORP

OTC:FTCO

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136.58M
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United States of America
Colorado Springs