Fortress Technologies Inc. (TSX-V: FORT) is a well-capitalized company currently evaluating emerging opportunities in technology sectors. Fortress is focused on developing projects where access to growth capital is highly valued.
The Company's Board of Directors and Management has an accomplished track record in business development and building shareholder value, and thus the Company is well positioned to find an accretive path forward for the business.
Fortress looks to develop projects that combine intellectual property with the potential for widespread adoption of technological innovation.
The Company's Board exercises careful oversight, only considering opportunities that can demonstrate long term viability, in order to earn strong stakeholder support.
Additionally, Fortress benefits from a tightly held capital structure with founders and directors owning over 30% of the Company. Currently there are 66,177,983 shares outstanding out of a total of 71,177,984 shares issued.
Strong Cash Balance
Fortress Technologies Inc currently has over $10,000,000 in cash and GICs.
Strategy and Innovation
Careful management of capital resources when exploring emerging technologies.
Proven management team, board and advisors
Diverse experience in capital markets, institutional investing, natural resources, engineering, software and real estate.
Tier 1 issuer on TSX-V
Fiscal year end on December 31st.
Mr. Costa currently serves as VP and Portfolio Manager of Goodman & Company, Investment Counsel Inc., a wholly-owned subsidiary of Dundee Corporation. Mr. Costa also serves as a director for Almonty Industries Inc., a tungsten mining company. He also held previous roles as the Director of UBS Securities Canada, as Vice President at Goldman Sachs & Co. in New York, and as Vice President at Goldman Sachs Canada Inc. in Toronto.
Mr. Ty has over 8 years of experience in both public and private companies across a broad range of industries including cannabis, blockchain and junior exploration companies. He is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Science degree and a Diploma in Accounting from the University of British Columbia. Mr. Ty has been a principal of Ty Consulting Inc., a firm providing corporate accounting services to Canadian public and private companies, since October 2016. He has previously served as the Interim Chief Financial Officer of a publicly-listed cannabis company. He was previously an assurance manager at Ernst & Young.