Fortress Base Metals Corp Announces Non-Brokered Private Placement

Wed May 14, 8:25 PM

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DISSEMINATION IN THE UNITED STATES/

TSX-V: FBM

VANCOUVER, May 14 /CNW/ - Fortress Base Metals Corp. (TSX-V: FBM.V) is pleased to announce it has negotiated a non-brokered private placement of up to 1,200,000 units (the "Units") at a price of C$0.58 per unit to raise a gross proceeds of up to C$696,000.00. Each Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for a period of two years at a price of C$0.72 per common share.

The net proceeds of this private placement will be used for working capital purposes.

Fortress Base Metals Corp. is a Canadian based, junior resource company focused on the exploration, development, and acquisition of both advanced and early stage mineral projects throughout British Columbia.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY

OR ACCURACY OF THIS PRESS RELEASE.

Contacts

on the Company and its projects please visit our web site at www.FortressBMC.com
or contact us at: Blair McIntyre
Business Development and Investor Relations
(604) 638-3171 (ext: 5075)