Forte Energy NL  (ASX:FTE,AIM: FTE) announced that they have entered into an agreement to acquire private company Leo Mining and Exploration Limited.

As quoted in the press release:

The Proposed Acquisition is expected to create a diversified, larger scale Africa-focussed exploration and development company with a well-balanced  portfolio  of  uranium and REE assets, both of which feature in  Forte  Energy’s  existing portfolio.

To view the whole press release, click here.