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Forte Minerals Closes IPO; Will Commence Trading on the CSE January 25

Forte Minerals Corp. ("Forte" or the "Company"), (CSE:CUAU) is pleased to announce that it has completed its initial public offering (the " Offering ") of 9,583,332 units (each a " Unit ") at a price of $0.30 per Unit, which included the exercise in full of an over-allotment option. The Offering generated aggregate gross proceeds of $2,874,999.60 pursuant to a final prospectus dated November 12, 2021 (the " Prospectus ").

CSE: CUAU (CNW Group/Forte Minerals Corp.)

A Unit consisted of one common share of the Company (a " Share ") and one common share purchase warrant (each a " Warrant ") exercisable at a price of $0.50 per share until January 24, 2025 . The Warrants are issued pursuant to a warrant indenture dated January 24, 2022 between the Company and its warrant agent, Odyssey Trust Company, a copy of which is available under the Company's profile on SEDAR at www.sedar.com .

A cash commission of $167,014.01 was paid to the Company's agent, Haywood Securities Inc. (the "Agent"), as well as a corporate finance fee of $40,000 , plus applicable taxes, of which $25,000 was paid in cash and $15,000 was paid through the issuance of 50,000 Units.  In addition, the Agent and its selling group members received 556,713 non-transferable agent's warrants to acquire up to 556,713 Units at a price of $0.30 per Unit until January 24 , 2023.

Insiders participated in the Offering acquiring an aggregate of 1,243,332 Units on the same basis as other subscribers. The participation in the Offering by insiders of the Company constitutes a "related party transaction" as such term is defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority approval requirements under MI 61-101. The Company relied on Section 5.5(a) of MI 61-101 for an exemption from the formal valuation requirement and Section 5.7(1)(a) of MI 61-101 for an exemption from the minority shareholder approval requirement of MI 61-101 as the fair market value of the Offering in so far as the Offering involved interested parties did not exceed 25% of the Company's market capitalization.

In addition, GlobeTrotters Resource Group Inc. (" GlobeTrotters "), a significant shareholder of the Company, announces that it acquired beneficial ownership of 833,333 Units for total consideration of $250,000 pursuant to the Offering, which Units are included in the overall insider participation in the Offering as noted above. Prior to the Offering, GlobeTrotters directly held 5,000,000 Shares, representing approximately 18.43% of the Company's issued and outstanding Shares. Following completion of the Offering and GlobeTrotters' participation therein, GlobeTrotters holds 5,833,333 Shares and 833,333 Warrants, representing approximately 15.87% of the Company's issued and outstanding Shares on an undiluted basis and, assuming full exercise of the Warrants held by it, approximately 17.73% of the issued and outstanding Shares on a partially diluted basis. While GlobeTrotters has no plans or intentions with respect to the Shares or Warrants, depending on market conditions, general economic and industry conditions, trading prices of the Shares, the Company's business, financial condition and prospects and/or other relevant factors, GlobeTrotters may develop such plans or intentions in the future and, at such time, may from time to time acquire additional Shares, dispose of some or all of the existing or additional Shares or may continue to hold the Shares of the Company.

A copy of the early warning report filed by GlobeTrotters will be available on the Company's SEDAR profile at www.sedar.com or may be obtained by contacting Richard Osmond at (604) 466-0425.

The Common Shares of the Company are expected to commence trading on January 25 th , 2022 on the Canadian Securities Exchange under the symbol "CUAU".

The Company intends to use the net proceeds from the Offering in furtherance of its exploration objectives as outlined in the Prospectus, including to fund the recommended initial drill exploration program on its 100% owned Pucarini Epithermal High Sulphidation Gold Project located in the Puno Region of Peru .

The Company also holds two other Porphyry Copper Projects also in the drill permitting phases. Don Gregorio is located in the Miocene Belt of Northern Peru and is under option from Candente Copper Corp (TSX:DNT). Esperanza is located in the Paleocene Belt of Southern Peru and is 100% owned by Forte.

The Company is led by an experienced and balanced leadership team. Management and the Board of Directors of the Company is comprised of Mr. Patrick Elliott , President, CEO and Director, Ms. Sam Shorter , CFO, Ms. Anna Dalaire , VP Corp Dev and Corp Secretary, and  Mr. Manuel Montoya , Exploration Manager, GM Peru. The remaining Directors include Mr. Richard Osmond , Mr. Doug Turnbull and Ms. Stephanie Ashton . Paul Johnston and Tom Henricksen support the exploration team as technical advisors.

A copy of the Prospectus is available under the Company's profile on SEDAR at www.sedar.com .

ON BEHALF OF Forte Minerals Corp.
(signed) " Patrick Elliott "
Chief Executive Officer

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Forward-looking statements in this news release include, but are not limited to, the Company's proposed use of the proceeds of its initial public offering. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Forte Minerals Corp.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/January2022/24/c1210.html

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Developing a portfolio of high-quality copper and gold assets in Peru

Forte Minerals to Present at the Swiss Mining Institute Investment Conference

Forte Minerals to Present at the Swiss Mining Institute Investment Conference

Forte Minerals Corp. ("Forte" or the "Company") ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce that President and CEO Patrick Elliott will be attending and presenting for the first time at the prestigious Swiss Mining Institute ( SMI ) Investment Conference, taking place March 18-19, 2025, in Zurich, Switzerland.

SMI, organized by Bally Capital Advisors SA, is one of Europe's premier mining investment events, known for bringing together over 1,000 leading Asset Managers, Portfolio Managers, Fund Managers, and other professional investors from around the world. This exclusive, invite-only event highlights over 100 selected mining companies and offers unparalleled insights into the global resource sector.

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Forte Minerals Heads to PDAC 2025 Where Exploration Meets Opportunity

Forte Minerals Heads to PDAC 2025 Where Exploration Meets Opportunity

Forte Minerals Corp. ("Forte" or the "Company") ( CSE: CUAU ) ( OTQB: FOMNF ) ( Frankfurt: 2OA ) is excited to announce its participation in the annual Prospectors & Developers Association of Canada ( PDAC ) Convention, happening March 2-5, 2025, at the Metro Toronto Convention Centre.

Join the Forte team at Booth 2736 in the Investor Exchange Pavilion, where copper, gold, and 2025 exploration plans take center stage.

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Forte Minerals Presents at the Metals & Mining Virtual Investor Conference on October 3

Forte Minerals Presents at the Metals & Mining Virtual Investor Conference on October 3

Forte Minerals Corp. ("Forte" or the "Company") ( OTQB: FOMNF ) ( CSE: CUAU ) ( Frankfurt : 2OA ) is pleased to announce that Patrick Elliott President & CEO, will make his debut presentation at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on October 3, 2023 . Mr. Elliott is looking forward to formally introducing Forte's story to the U.S. investment community and stated, " I'm excited to connect with a new group of investors and showcase why Forte Minerals stands out as a unique player in copper and gold exploration in Peru ."

(CSE: CUAU) (OTQB: FOMNF) (Frankfurt: 2OA) (CNW Group/Forte Minerals Corp.)

DATE : October 3, 2023

TIME: 12:00 pm EDT

LINK: https://bit.ly/44FOnTd

Available for 1x1 meetings: October 3 , 4, and the morning of the 5.

Key Discussion Points
  • Importance of Copper in Peru : The strategic importance of copper exploration and Peru's untapped minerals potential.
  • Collaborative Expertise: The corporate partnership with GlobeTrotters Resources Perú SAC brings together 215 years of combined experience in exploration and mining throughout the Americas.
  • Exploration Strategy: Focused on advancing early-stage prospects and drill-ready targets strategically located in previously explored areas to minimize risk.
  • Community and Corporate Stewardship: Building on a legacy of active involvement with local communities, Forte continues its dedication to community engagement, eco-conscious practices, and social accountability.
  • Future Outlook - Late 2023 & Early 2024: Overview of upcoming projects, milestones, and strategic initiatives scheduled for the next two quarters to sustain growth and value creation.

Forte Minerals Corp. invites investors to participate in the upcoming live, interactive online event. Mr. Elliott will address questions in real time during the conference. For those unable to attend live, a recorded webcast will also be accessible post-event.

To facilitate a smooth experience and stay updated, we strongly advise online attendees to pre-register and conduct an online system check beforehand. FREE Registration here: Virtual Investor Conferences.

About Forte Minerals Corp.

Forte Minerals Corp., a junior exploration company with blended assets in partnership with GlobeTrotters Resources Perú SAC, has built a robust portfolio of high-quality copper and gold assets in Peru . The Company strategically focuses on advancing early-stage prospects through to drill-ready targets, combined with a historically discovered and drilled porphyry system for developing copper and gold resources. In conjunction with its resource focus, Forte is deeply committed to community engagement, environmental stewardship, and fulfilling its societal responsibilities.

About Virtual Investor Conferences ®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

On behalf of Forte Minerals CORP.
"/s/" Patrick Elliott
Chief Executive Officer

Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/forte-minerals-presents-at-the-metals--mining-virtual-investor-conference-on-october-3-301943820.html

SOURCE Forte Minerals Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2023/02/c0037.html

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Forte Minerals Corp. Presents at the Metals and Mining Virtual Investor Conference on October 3, 2023

Forte Minerals Corp. Presents at the Metals and Mining Virtual Investor Conference on October 3, 2023

The Company invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com

Forte Minerals Corp. ( OTQB: FOMNF ) ( CSE: CUAU ) ( Frankfurt: 2OA ) based in Vancouver, British Columbia, is focused on exploring and advancing high-quality copper & gold projects in Peru. The Company is pleased to announce that Patrick Elliott, President & CEO, will present live at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on October 3, 2023.

News Provided by GlobeNewswire via QuoteMedia

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Forte Minerals Corp. Presents at the Metals and Mining Virtual Investor Conference on October 3, 2023

Forte Minerals Corp. Presents at the Metals and Mining Virtual Investor Conference on October 3, 2023

The Company invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com

Forte Minerals Corp. ( OTQB: FOMNF ) ( CSE: CUAU ) ( Frankfurt: 2OA ) based in Vancouver, British Columbia, is focused on exploring and advancing high-quality copper & gold projects in Peru. The Company is pleased to announce that Patrick Elliott, President & CEO, will present live at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on October 3, 2023.

News Provided by GlobeNewswire via QuoteMedia

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Cobre Secures $25M BHP Investment for Botswana Copper Exploration

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BHP to Invest Up to AU$40 Million in Cobre’s Kitlanya East and West Copper Projects

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The funding is under an earn-in agreement between Cobre, other Cobre-owned subsidiaries and a wholly owned subsidiary of BHP. It gives BHP the right to acquire a 75 percent interest in the Kitlanya assets.

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