Forte Minerals (CSE: CUAU)

Forte Minerals Corp. Announces Shares for Debt Agreement

Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTCQB: FOMNF) (Frankfurt: 2OA), announces that it has agreed to settle an aggregate of $56,600 of indebtedness through the issuance of 283,000 common shares ("Common Shares") in the capital of the Company at a price of $0.20 per Common Share (the "Debt Settlement"). This settlement includes $34,000 owed to officers and directors of the Company and $22,600 owed to an arm's length party.

The Common Shares issued pursuant to the Debt Settlement will be subject to a hold period of four months and one day from the date of issuance, under applicable securities laws in Canada.

Closing of the Debt Settlement is anticipated to take place on or about July 9, 2024 and remains subject to receipt of all necessary corporate and regulatory approvals, including the Canadian Securities Exchange.

ABOUT FORTE MINERALS CORP.

Forte Minerals Corp., a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Peru S.A.C., has built a robust portfolio of high-quality Cu and Au assets in Peru. The Company aims to generate significant value growth by strategically positioning permitted and drill-ready projects alongside historically discovered copper and gold projects. Notwithstanding its resource discovery and development focus, Forte is deeply committed to community engagement, environmental stewardship, and fulfilling its societal responsibilities.

On behalf of FORTE MINERALS CORP. (signed) "Patrick Elliott" Chief Executive Officer

For further information, please contact: Forte Minerals Corp. office: 604-983-8847 info@forteminerals.com www.forteminerals.com

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 and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest management's discussion and analysis, which is available under the Company's SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future..

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. 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.

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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.

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SOURCE Forte Minerals Corp.

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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.

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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 Receives Environmental Impact Statement  Approval for its Pucarini High Sulphidation Epithermal Gold Project, Southern Perú

Forte Minerals Receives Environmental Impact Statement Approval for its Pucarini High Sulphidation Epithermal Gold Project, Southern Perú

Forte Minerals Corp . ( " Forte " or the " Company " ) (CSE: CUAU) (OTCQB: FOMNF) ( Frankfurt : 2OA) is pleased to announce receipt of the Environmental Impact Statement (" DIA ") approval for its 100% owned Pucarini Gold Project (" Pucarini "), a high sulphidation epithermal Au system located in the department of Puno, in Southern Perú. The Company is delighted to be awarded the DIA approval by the Peruvian Ministry of Energy and Mines (" MINEM ") after more than 2 years of environmental baseline studies, archeological assessments, social engagement, and government processing. The DIA is an extensive environmental authorization that enables the Company to drill up to 40 platforms over a 5-year timeline. The final drill permit will be delivered by MINEM upon completion of the prior consultation process (Consulta Previa) with the local indigenous communities.

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Forte Minerals Strengthens ESG Strategy with the Appointment of Lead Energy Advisor

Forte Minerals Strengthens ESG Strategy with the Appointment of Lead Energy Advisor

Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTQB: FOMNF) ( Frankfurt : 2OA) is pleased to announce Mike Carter as its Lead Energy Advisor, signifying its commitment to renewable energy and sustainable practices. Mr. Carter has an extensive background in renewable energy, which aligns seamlessly with Forte's dedication as a copper and gold exploration entity in Perú. This move underscores the Company's intent to champion an ESG framework by integrating a community-driven, environmentally conscious, and socially responsible approach to navigate the complexities of the energy transition.

Forte Minerals Corp. Logo (CNW Group/Forte Minerals Corp.)

Coupled with Forte's recent partnership with Social Suite to embark on its ESG reporting journey, Mike Carter's role as the Lead Energy Advisor will help guide this process and elevate the Company's position in the sustainable exploration and mining landscape. Mr. Carter is recognized for his in-depth knowledge of renewable energy, fortifying Forte's mission to amplify its ESG initiatives, particularly emphasizing community engagement, environmental stewardship, and societal obligations.

Patrick Elliott , Forte Minerals' President, remarked, " Mike Carter's prowess in renewable energy and deep-rooted insights into mineral exploration in South America significantly augment our team's capabilities. As a co-founder of Forte, Mike's insights are pivotal in our steadfast journey towards sustainable and renewable energy applications in the mineral exploration industry ."

Mike Carter's Distinguished Achievements:

  • Led critical mineral exploration projects in both Chile and Peru .
  • Directed global ventures in utility-scale solar, energy storage, and hydroelectric domains.
  • Played pivotal roles in diverse sectors, including mining, manufacturing, agriculture, and automotive industries.
  • Demonstrated visionary leadership at First Green Energy , emphasizing innovation and technological advancement.
  • He significantly impacted the World Bank's inaugural Climate Smart Mining conference, sharing insights on the economic benefits of integrating renewables into traditional mining.
  • Actively consults with major mining entities, offering expertise in integrating solar energy solutions.
  • Has successfully garnered over $15M in grant funding to champion pioneering solar initiatives in Alberta .
  • Led groundbreaking agrivoltaics work seamlessly blending utility-scale solar projects with agricultural practices.

To learn more about Mr. Carter, please visit our website .

Patrick Elliott added, "Mike's dual expertise underscores Forte Minerals' vision to lead sustainable exploration and mining practices, highlighting our unwavering commitment to championing the energy transition."

About Forte Minerals Corp.

Forte Minerals Corp., a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Perú SAC, has built an attractive portfolio of high-quality copper and gold assets in Perú. The Company aims to generate significant value growth by strategically situating early-stage and drill-ready targets alongside a historically discovered and drilled porphyry system for copper and gold resource development.

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-strengthens-esg-strategy-with-the-appointment-of-lead-energy-advisor-301935698.html

SOURCE Forte Minerals Corp.

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Copper cathode material loaded on train.

Robert Friedland: No Rational Price for Copper as "Essentially Infinite" Demand Meets Short Supply

A copper crunch is coming as demand builds and the hunt for viable deposits comes up short.

That’s according to Robert Friedland, a well-known mining industry financier whose current roles include board leadership positions at Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and Ivanhoe Electric (TSX:IE,NYSEAMERICAN:IE).

"We see a crisis coming in physical markets, and we see a requirement for much, much higher copper prices," he said in a recorded interview played at the Rule Symposium, held from July 7 to 11 in Boca Raton, Florida.

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China's flag and Russia's flag on US$100 bills.

Nornickel and China Copper Consider Joint Venture for Copper Plant

Nornickel and Chinalco (SHA:601600) subsidiary China Copper are considering a joint venture, sources familiar with the matter told Reuters.

The move would let Nornickel relocate its copper smelting operation to China amidst London Metal Exchange (LME) restrictions on Russian metals that began in April. The company currently stores a significant amount of its metal on the LME.

Nornickel had previously announced plans in April to close its Arctic copper facility and establish a new plant in China with an unnamed partner.

China Copper was the only party interested in a joint venture with Nornickel because of its position as a subsidiary of the central government-managed Chinalco. The state-owned Chinese copper producers Nornickel approached didn't want to engage with a foreign company without central government approval.

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Forum Announces Senior Management Position in Baker Lake, Nunavut for the Aberdeen Uranium Project

Forum Announces Senior Management Position in Baker Lake, Nunavut for the Aberdeen Uranium Project

Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") is pleased to announce that long-time Baker Lake community leader, Richard Aksawnee has accepted the new role as Manager of Nunavut Affairs.

"We are excited to welcome Richard Aksawnee to the Forum team," affirmed Allison Rippin Armstrong, Vice President, Nunavut Affairs. "Richard's extensive experience and demonstrated leadership will help guide our engagement strategy, workforce development and community investment. This senior position will bring a focus to community priorities and perspectives during our exploration activities on our Aberdeen Uranium project near Baker Lake."

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Forte Minerals Corp. Announces Closing Of Shares for Debt Agreement

Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTCQB: FOMNF) (Frankfurt: 2OA), announces that pursuant to its previously announced shares for debt settlement (see press release dated July 2, 2024), it has now completed the debt settlement with certain of its creditors (together, the "Creditors") issuing 283,000 common shares (the "Settlement Shares") at deemed price of $0.20 per share settling outstanding accounts payable totaling $56,600.00 (the "Shares for Debt Transaction") owing to the Creditors. The Company is completing the Shares for Debt Transaction to improve its financial position in an effort to support its planned future growth.

The Creditors include certain directors and officers (collectively, the "Related Parties"), who will receive an aggregate of 150,000 of the Settlement Shares. The issuance of the Settlement Shares to the Related Parties constitutes a "related party transaction" as such term is defined by Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Notwithstanding the foregoing, the directors of the Company have determined that the issuance of the Settlement Shares is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 in reliance on the exemptions set forth in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the issuance of the Settlement Shares, exceeds 25% of the Company's market capitalization (as determined under MI 61-101).

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Miramar Resources (ASX:M2R)

Extension of Closing Date

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) refers to the non-renounceable entitlement issue of 1 fully paid ordinary share in the capital of the Company (Share) for every one Share held be eligible shareholders at an issue price of $0.008 per Share together with one free attaching option to acquire one Share (exercisable at $0.018 on or before the date that is three years from the issue date) (Option) for every one Share applied for and issued to raise up to $1,625,589 (Entitlement Offer), as set out in the Prospectus dated 21 June 2024.

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