Forte Minerals Closes a SecondC$5.7 Million Strategic Investment and Additional Participation from Existing Strategic Investor
For Immediate Release November 4, 2025
Forte Minerals Closes a Second C$5.7 Million Strategic Investment and Additional
Participation from Existing Strategic Investor
“Not for distribution to United States newswire services or
for dissemination in the United States.”
VANCOUVER, British Columbia, November 4, 2025 – Forte Minerals Corp. (“Forte” or the
“Company”) (CSE: CUAU) ( OTCQB: FOMNF ) (Frankfurt: 2OA ) is pleased to announce the
closing of its previously announced non-brokered private placement (the “Offering”) with a second
strategic investor for aggregate gross proceeds of C$5.7 million.
Under the Offering, the Company issued 6,333,333 common shares at C$0.90 per share.
In accordance with the Investor Rights Agreement dated July 23, 2025, the First Strategic Investor
exercised its right to maintain its existing ownership position by acquiring 699,060 common shares
at C$0.90 per share for additional gross proceeds of C$629,154.
As a result, total gross proceeds from the combined placements with both strategic investors
amount to approximately C$6, 329,153 through the issuance of 7,032,393 common shares. All
securities issued are subject to a statutory four-month-and-one-day hold period expiring March 4,
2026.
Patrick Elliott, President and CEO, commented:
“Closing this placement marks another milestone for Forte. Within three months, we’ve welcomed
two strategic investors who share our long -term vision and confidence in the quality of our
Peruvian portfolio. Their participation strengthens Forte’s shareholder base and positions the
Company to accelerate its copper-gold exploration programs with meaningful momentum.
We extend our sincere thanks to both new and existing shareholders for their continued
confidence and support as we advance Forte’s growth strategy in Peru.”
Use of Proceeds
Proceeds from the Offering will be used to advance exploration across Forte’s portfolio of four
Peruvian projects. A portion of the funds will also support general working capital and corporate
purposes.
The Company also granted 150,000 stock options to consultants pursuant to its existing stock
option plan. All Options are exercisable at C$1.25 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
Investor Inquiries
Kevin G uichon, IR & Capital Markets
E: k
C:
(604) 612-9976
Media Contact
Anna D alaire, VP Corporate Development
E: adal
T: (
604) 983-8847
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(collectively, “forward- looking statements”), including those identified by the expressions “anticipate”,
“believe”, “plan”, “estimate”, “expect”, “inten d”, “may”, “should” and similar expressions to the extent they
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current expectations regarding future results or events. This press release contains forward looking
statements relating to the intended use of proceeds of the Strategic Placement . These forward- looking
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and information currently available to the Company with respect to the matter described in this press
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could cause actual results to differ materially from those expressed or implied by such statements.
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Factors and Uncertainties" in the Company’s latest management’s discussion and analysis, which is
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