Forte Minerals Appoints Patrick Evans as Non-Executive Chairman and Announces the Resignation of Long-Standing Director Doug Turnbull
For Immediate Release October 14, 2025
FORTE MINERALS APPOINTS PATRICK EVANS AS NON-EXECUTIVE CHAIRMAN AND
ANNOUNCES THE RESIGNATION OF LONG-STANDING DIRECTOR DOUG TURNBULL
VANCOUVER, British Columbia, October 14, 2025 – Forte Minerals Corp. (“Forte” or the
“Company”) (CSE: CUAU) (OTCQB: FOMNF) (Frankfurt: 2OA) is pleased to announce that
the Board of Directors has appointed Patrick Evans as an Independent Director and Chairman
of the Board.
Mr. Evans brings over 25 years of senior mining executive leadership experience, specializing in
mergers and acquisitions, capital markets, and the development of world-class assets across
four continents. He currently serves as Chairman of Pan Global Resources Inc.
Mr. Evans's career includes leading multiple public companies to successful exits and significant
value creation. He previously served as CEO of Dominion Diamond Mines and Mountain
Province Diamonds Inc. He led the sale of several companies, including Norsemont Mining Inc.
(acquired by Hudbay Minerals), Weda Bay Minerals Inc. (acquired by Eramet S.A.), and
Southern Platinum (acquired by Lonmin PLC).
Mr. Evans holds degrees in arts and science from the University of Cape Town and previously
served as South Africa’s Consul-General to Canada (1994–1998). His industry leadership has
been recognized with both the Prospectors & Developers Association of Canada’s Viola R.
MacMillan Award and the Association for Mineral Exploration’s Hugo Dummett Award.
The Board is confident that Mr. Evans's proven track record in mergers, acquisitions, capital
markets, and advancing complex multinational operations will directly support Forte as it
develops its copper and gold projects in Peru. His appointment significantly enhances the
Board's independence and corporate governance oversight.
As the Independent Chairman, Mr. Evans will oversee Forte’s Board and ensure that
management decisions align with the interests of shareholders and the Company’s long-term
strategic objectives.
Patrick Elliott, President and CEO of Forte, stated, “The appointment of Patrick Evans
represents a transformational addition to Forte Minerals’ Board of Directors. As one of the most
accomplished executives in the global mining industry, Mr. Evans brings a distinguished record
of leading high-growth companies through major transactions, capital market success, and the
development of tier-one mineral assets. His strategic insight and leadership will be instrumental
as Forte advances its high-quality copper and gold portfolio in Peru and continues to unlock
substantial long-term value for shareholders”.
Mr. Evans added, “Forte Minerals has built an
exceptional portfolio of exploration projects in one
of the world’s premier mining jurisdictions. I am
excited to collaborate with the Board and
management team to unlock the full potential of
these assets and drive meaningful growth and
value creation for all stakeholders.”
Forte Minerals would also like to extend its sincere gratitude to Mr. Doug Turnbull, P.Geo., who
has resigned from the Board of Directors. Mr. Turnbull has served as an Independent Director
and Chair of the Compensation Committee since 2010.
Over his fourteen years of dedicated service, Mr. Turnbull has been an integral part of Forte’s
growth and governance, bringing more than 30 years of global exploration experience and
thoughtful leadership to the Board. His geological expertise and steady guidance have helped
shape the Company’s strategic direction from its early stages to its current milestones.
Mr. Turnbull is stepping down on excellent terms to pursue a new opportunity with VBKOM, an
engineering company based in South Africa.
The Board and management wish to thank him for his longstanding commitment,
professionalism, and contribution to Forte’s success, and wish him continued achievement in his
new role.
Corporate Update: Option Grants
In connection with his appointment to the Board of Directors and as Independent Chair of the
Company, Mr. Patrick Evans was granted 500,000 stock options. Each option is exercisable for
5 years to acquire one common share of the Company at a price of C$0.78 per share,
consistent with the exercise price granted to other directors in recent stock option issuances.
Figure 1- Patrick Evans
The Company also granted an aggregate of 2,250,000 stock options to directors, officers, and
consultants pursuant to its existing stock option plan.
In total, 2,750,000 stock options were granted. All Options are exercisable at $0.78 per share for
a period of five years, subject to the terms of the plan and applicable regulatory approvals.
ABOUT FORTE MINERALS CORP.
Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper
(Cu) and gold (Au) assets in Peru. Through a strategic partnership with GlobeTrotters
Resources Perú S.A.C., the Company gains access to a rich pipeline of historically drilled, high-
impact targets across premier Andean mineral belts. The Company is committed to responsible
resource development that generates long-term value for shareholders, communities, and
partners.
On behalf of FORTE MINERALS CORP.
(signed) “Patrick Elliott”
Patrick Elliott, MSc, MBA, PGeo
President & Chief Executive Officer
Forte Minerals Corp.
www.forteminerals.com
For further information, please contact:
I
nvestor Inquiries
Kevin
G
uichon, IR & Capital Markets
E: k
C:
(604) 612-9976
M
edia Contact
Anna
D
alaire, VP Corporate Development
E: adal
T: (
604) 983-8847
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