Forte Minerals Secures a Second C$5.7 Million Strategic Investment

Core Viewpoint - Forte Minerals Corp. has secured a C$5.7 million strategic investment through a non-brokered private placement, which is expected to enhance its exploration portfolio in Peru and strengthen its shareholder base [1][2][5] Investment Overview - The strategic investment involves the issuance of 6,333,333 common shares at C$0.90 per share, with the closing expected on or before November 5, 2025, pending regulatory approvals [1][2] - Proceeds will be allocated to advancing four exploration projects in Peru, as well as for general working capital and corporate purposes [3] - The First Strategic Investor from a previous financing has the right to participate in this round, potentially increasing total gross proceeds to approximately C$6.6 million if they purchase an additional 994,598 shares [4][3] Strengthening Position in Peru - The addition of a second strategic investor highlights the quality of Forte's exploration portfolio and enhances the company's credibility in Peru [5] - The investment supports the company's mission to advance a 19,000-hectare portfolio of copper and gold assets in Peru's mineral-rich regions [5][7] - The partnership is framed as a collaborative effort to unlock new discoveries that will bolster Peru's status in global copper and gold production [7]