Canlı Haberler • Jul 01
Forte Minerals Receives $1.47 Million via Warrants to Fund Peru Exploration Plans Forte Minerals received C$1.47 million through the exercise of common share purchase warrants, with the funds earmarked to support exploration and permitting at its copper and gold projects in Peru.
The company highlighted a tight share structure and a concentrated shareholder base, which can matter for liquidity as well as for how future funding or project updates might affect existing holders.
Forte Minerals shares last traded at about C$1.15, with the stock down 5.7% year to date, so this treasury inflow arrives against a backdrop of recent price softness.
The key investor angle is that Forte Minerals has added non-dilutive cash from existing warrant holders rather than a discounted placement, which reduces immediate funding pressure but still leaves execution and project progress as the main swing factors. Duyuru • Mar 28
Forte Minerals Corp Provides Updates on Alto Ruri and Pucarini Projects Forte Minerals Corp. announced that it is advancing community engagement and permitting at the Alto Ruri Project located approximately 15 kilometers from Barrick’s past producing Pierina Gold Mine. The Company’s focus is to secure a long-term community agreement to systematically explore the high-sulphidation epithermal gold system at Alto Ruri. This district-scale system includes a 2 km by 1.5 km advanced argillic alteration zone that has never been systematically tested with modern geophysics and drilling. Historical drilling at Alto Ruri by Compañía de Minas Buenaventura in 1997 (12-hole 2,254.5m), as reported in the Company’s news release from March 4, 2024, confirmed high-grade gold potential, including: Hole 001-97 which returned 131 metres of 2.55 g/t Au, including 54 metres of 5.39 g/t Au. Several high-resistivity CSAMT geophysical anomalies from historical geophysical data are also interpreted as potential untested gold-bearing vuggy silica alteration targets at depth. Forte also announces the completion of a five-hole, 1,530-metre exploration drill program at its 100%-owned Pucarini High-Sulfidation Gold Project in southern Peru. Drilling confirmed the presence of the targeted hydrothermal system. Assay results returned anomalous gold, copper, and molybdenum values in one drill hole, with no significant mineralization intersected in the remaining four holes. Equipment has been demobilized, and environmental remediation will be completed. Duyuru • Nov 27
Forte Minerals Corp Commences First-Ever Drilling At Pucarini High-Sulfidation Gold Project In Peru Forte Minerals Corp. announced that diamond drilling has commenced at its 100%-owned Pucarini High-Sulfidation Gold Project in southern Peru. This marks the first-ever drill program on the Project and represents a significant milestone following several years of geological work, community engagement, and environmental permitting. Pucarini is located within the Southern Peru Miocene Mineral Belt, which hosts numerous epithermal gold and porphyry copper - molybdenum deposits. The Project exhibits a large-scale hydrothermal alteration footprint with high-sulphidation epithermal gold type mineralization, similar to those of neighbouring and regional deposits in the Puno region of Southern Peru. Over the past several years, Forte has carried out detailed mapping, geochemistry, multispectral mineralogical analysis, and ground geophysics, while also building strong, long-term relationships with local communities. The Company secured its DIA drilling permit in August 2023 and entered into a renewed one-year Community Agreement on March 1, 2025, ensuring local support for the 2025–2026 exploration drilling program. The Phase I program consists of 5 diamond drill holes, 1,750 metres total (approximately 350 metres per hole), testing a potential large-scale high-sulfidation epithermal gold system. The drill targets were prioritized based on coincident gold geochemistry, high-sulfidation alteration zones, and high resistivity geophysical anomalies, creating a potential cohesive exploration model. The 1,000-hectare 100% owned Pucarini Project contains multiple advanced argillic alteration zones within a 3.6 km by 1.8 km hydrothermal alteration footprint. These zones are characterized by massive and granular silica ledges, vuggy silica, and high-sulfidation alteration textures, all consistent with high-sulfidation epithermal gold alteration and mineralization on surface. Forte has identified a cohesive gold geochemical anomaly in rocks and soils that spans 1,200 metres by 600 metres, supported by a large 1,500 metre by 600 metre high chargeability anomaly. This is also coincident with a deep-rooted high magnetic susceptibility anomaly that potentially outlines a gold-copper-molybdenum porphyry system at depth. Lower levels of anomalous copper and molybdenum geochemistry in rocks and soils dominate the main target zone lending more conviction to a potential deeper porphyry target. Together, these datasets outline a robust, untested high-sulphidation epithermal gold target overprinting a potential porphyry gold-copper-molybdenum target at greater depth. With drilling now underway, the Company is positioned to unlock the first subsurface information ever collected from this extensive system. Core processing and sampling from the first drill hole is now underway, and the Company anticipates delivering first assay results to the market in early First Quarter 2026. Duyuru • Nov 24
Forte Minerals Corp., Annual General Meeting, Jan 27, 2026 Forte Minerals Corp., Annual General Meeting, Jan 27, 2026. Duyuru • Nov 05
Forte Minerals Corp. announced that it has received CAD 5.7 million in funding Forte Minerals Corp. announced that it has raised CAD 5,699,999.7 in funding and closed the transaction. Duyuru • Oct 27
Forte Minerals Corp. announced that it expects to receive CAD 5.7 million in funding Forte Minerals Corp. announces that it has entered into an agreement for a non-brokered private placement of 6,333,333 common shares at CAD 0.90 per share for gross proceeds of CAD 5,699,999.7 on October 27, 2025. Duyuru • Oct 14
Forte Minerals Corp. Announces Board Changes Forte Minerals Corp. announced that the Board of Directors has appointed Patrick Evansas 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. New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (CA$215k sold). Market cap is less than US$100m (CA$53.8m market cap, or US$38.7m). Recent Insider Transactions • Aug 20
Independent Director recently sold CA$70k worth of stock On the 18th of August, Douglas Turnbull sold around 100k shares on-market at roughly CA$0.70 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions Derivative • Aug 07
President exercised options to buy CA$504k worth of stock. On the 4th of August, Patrick Elliott exercised options to buy 600k shares at a strike price of around CA$0.12, costing a total of CA$72k. This transaction amounted to 90% of their direct individual holding at the time of the trade. Since December 2024, Patrick has owned 664.33k shares directly. Company insiders have collectively bought CA$192k more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Jul 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$57.0m market cap, or US$41.8m). Duyuru • Jul 24
Forte Minerals Corp. announced that it has received CAD 5.693459 million in funding On July 23, 2025, Forte Minerals Corp closed the transaction. Duyuru • Jul 16
Forte Minerals Corp. announced that it expects to receive CAD 5.693459 million in funding Forte Minerals Corp. announced a non-brokered private placement with a strategic investor to issue 6,326,066 common shares at a price of CAD 0.90 per share for gross proceeds of CAD 5,693,459.4 on July 16, 2025. Upon closing of the strategic placement, the investor will own 9.99% stake in the company. The closing of the strategic placement is expected to occur on or around July 23, 2025, subject to regulatory approvals. All shares issued pursuant to the strategic placement will be subject to a statutory hold period of four months and one day from the closing date. Duyuru • Jun 17
Forte Minerals Corp. announced that it has received CAD 2.69 million in funding On June 16, 2025. Forte Minerals Corp. has closed the transaction. It has issued 6,725,000 units at a price of CAD 0.40 per unit for gross proceeds of CAD 2,690,000. In connection with the offering, the company paid total cash finder's fees of CAD 97,120 and issued 231,550 finder’s warrants. The transaction has been oversubscribed. Duyuru • May 25
Forte Minerals Corp. announced that it expects to receive CAD 2.4 million in funding Forte Minerals Corp. announced a non-brokered private placement of up to 6,000,000 units at a price of CAD 0.40 per unit for the gross proceeds of CAD 2,400,000 on May 23, 2025. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant exercisable for one common share at CAD 0.60 until the date that is 24 months from the closing of the offering. All securities issued will be subject to a statutory four-month-plus-one-day hold period in accordance with applicable Canadian securities laws. Finder’s fees may be paid to eligible persons in connection with the Offering, subject to the policies of the CSE. The offering is expected to close on or before June 15, 2025, subject to customary conditions,
including the receipt of all required regulatory approvals. New Risk • May 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.1m free cash flow). Shares are highly illiquid. Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$22.6m market cap, or US$16.2m). Duyuru • Apr 13
Forte Minerals Corp. Provides Update on Planned Drill Program At Pucarini High-Sulfidation Gold Project Forte Minerals Corp. provided an update on its planned 1,500-metre diamond drill program at its 100%-owned Pucarini Gold Project located in the Southern Peru Miocene High-Sulfidation Epithermal Gold Belt. The program is set to commence towards the end of Second Quarter 2025 with preparations currently underway. The upcoming five-hole, 1,500-metre drill program will systematically test high-priority targets identified through geological mapping, geophysical surveys, and geochemical analysis. Target Type: High-Sulfidation Epithmal Gold; Drill Holes: 5 diamond drill holes; Total Metres: 1,500 m; Permitting Status: DIA Environmental Drilling Permit approved (September 2023); Community Support: Strong relationships established with local communities, One year Community Agreement executed March 1, 2025; Proposed Drill Program - Gold Geochemistry Imposed on the 3D In versions of IP Chargeability-Resistivity and Magnetic Susceptibility Geophysical Data. The 1,000-hectare Pucarini claim hosts multiple gold-bearing advanced argillic alteration zones within a 3.6x 1.8 km alteration footprint. The main target also coincides with a high magnetic susceptibility anomaly in the system's center from the 3D inversion of the surface total magnetic intensity geophysical data, suggesting the roots of a deeper porphyry system. This program will mark the first-ever drill program on the property, unlocking its untapped potential. Surface rock fragments were analysed using the ASD TerraSpec®? mineral spectrometer ("TerraSpec") which is optimally designed to identify important hydrothermal alteration minerals commonly associated with high sulphidation epithermal gold and porphyry copper systems. The higher temperature hydrothermal alteration minerals also correlate with anomalous molybdenum in rock and soil geochemistry suggesting a phyllic alteration zone associated with a telescoped porphyry system. Furthermore, the Company has terminated the option agreement with Alta Copper Corp. originally entered into on June 26, 2017. Pursuant to the option agreement, Forte had an option to acquire a 60% interest in the Don Gregorio Cu-Au Porphyry Project located in the Department of Cajamarca, Northern Peru by making cash payments totaling $500,000 ($100,000 was paid by Forte) and performing 10,000 m of drilling within 3 years of acquiring drill permits. Due to insurmountable community issues, access to the property was never granted, and the Company was not able to perform the environmental studies needed to acquire the DIA drilling permits, including community approvals for the DIA drill permits. The project was returned in good standing to Alta Copper Corp.'s Peruvian subsidiary Cobriza Metals. A termination agreement was executed April 8th, 2025. New Risk • Jan 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.5m market cap, or US$8.76m). Duyuru • Oct 01
Forte Minerals Corp., Annual General Meeting, Nov 27, 2024 Forte Minerals Corp., Annual General Meeting, Nov 27, 2024. Duyuru • Aug 02
Forte Minerals Corp. announced that it has received CAD 0.015999 million in funding On August 2, 2024, Forte Minerals Corp closed the transaction. The transaction included participation from two investors New Risk • Jul 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$12.5m market cap, or US$9.15m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). Duyuru • Jun 28
Forte Minerals Corp. announced that it has received CAD 1.7906 million in funding On June 27, 2024, Forte Minerals Corp. closed the transaction. The company has issued 8,953,000 units at a price of CAD 0.20 per unit for aggregate gross proceeds of CAD 1,790,600. Each warrant entitles the holder to purchase one additional common share at an exercise price of CAD 0.30 per warrant share until June 26, 2026. All securities issued in connection with the offering are subject to a statutory hold period expiring on October 27, 2024. The company paid cash finder's fees totaling CAD 86,736 and issued 433,680 finder's warrants, on the same terms as the Warrants, to investment advisors who introduced subscribers to the offering. Certain directors of the company have purchased or acquired direction or control over a total of 150,000 units in the offering. The transaction is oversubscribed. Duyuru • Jun 06
Forte Minerals Corp. announced that it expects to receive CAD 1.5 million in funding Forte Minerals Corp. announced a non-brokered private placement of 7,500,000 units at a price of CAD 0.2 per unit for the gross proceeds of CAD 1,500,000 on June 5, 2024. Each unit will consist of one common share and one-half of a common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0.30 per warrant share for two years from the closing date of the offering. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws. The company may pay a finders' fee of 6% in cash and 6% in warrants to eligible investment advisors who introduce subscribers to the Offering in accordance with the policies of the Canadian Securities Exchange. The transaction is expected to close on or before June 30, 2024. Duyuru • Mar 05
Forte Minerals Corp. (CNSX:CUAU) acquired Alto Ruri high sulphidation epithermal gold (Au) prospect/the Cerro Quillo porphyry Aucopper (“Cu”) from GlobeTrotters Resource Group Inc. Forte Minerals Corp. (CNSX:CUAU) acquired Alto Ruri high sulphidation epithermal gold (Au) prospect/the Cerro Quillo porphyry Aucopper (“Cu”) from GlobeTrotters Resource Group Inc. on March 4, 2024.Forte Minerals Corp. (CNSX:CUAU) completed the acquisition of Alto Ruri high sulphidation epithermal gold (Au) prospect/the Cerro Quillo porphyry Aucopper (“Cu”) from GlobeTrotters Resource Group Inc. on March 4, 2024. Duyuru • Oct 01
Forte Minerals Corp. Receives Environmental Impact Statement Approval for Its Pucarini High Sulphidation Epithermal Gold Project, Southern Peru Forte Minerals Corp. announced receipt of the Environmental Impact Statement approval for its 100% owned Pucarini Gold Project ("Pucarini"), a high sulphidation epithermal Au system located in the department of Puno, in Southern Peru. 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. Pucarini comprises 1000 ha of prospective ground for high sulphidation epithermal gold mineralization. This property has been the Company's primary focus for Au exploration. These zones coincide with anomalous Au in soil and rock geochemistry grading up to 6.89 g/t Au and 2.6 g/t Ag as well as a strong resistivity and chargeability IP geophysical anomaly. The argillic and advanced argillic alteration zones on the property were recognized by GlobeTrotters Resources Peru S.A.C. ("GlobeTrotters") as a high priority alteration target compiled from the in-house processing of ASTER satellite imagery for the entire Peruvian Cordillera. The ASTER processing proved highly effective at mapping out hydrothermal alteration mineral assemblages associated porphyry Cu and high sulphidation epithermal Au systems. Forte's President and CEO Patrick Elliott comments, 'GlobeTrotters' project generation process is very intuitive and takes multiple years to explore and advance targets to the drill ready stage. It has been very effective in the discovery of several highly prospective projects, including Pucarini Au project and Element 29's Elida porphyry Cu-Mo deposit.' The Company completed an extensive surface exploration program in 2021 which included geological mapping, geochemical sampling, and geophysical surveys. The induced polarization (IP) geophysical survey lines were positioned over the strongest mineralization and alteration as recognized from preceding surface mapping and geochemical sampling programs. Four priority exploration targets were interpreted from the exploration program, which will be drilled as the next step in testing the sub surface for economic Au mineralization. His seasoned insights will shape Forte's community-focused projects, synchronizing them with global norms and local expectations. Forte's priority remains the exploration and discovery of essential new Cu and Au deposits, but it also aspires to redefine ESG and sustainability standards within the junior mining sector. Duyuru • Sep 23
Forte Minerals Corp. Appoints Mike Carter as Lead Energy Advisor Forte Minerals Corp. announced 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. 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. Duyuru • Aug 19
Forte Minerals Corp., Annual General Meeting, Oct 17, 2023 Forte Minerals Corp., Annual General Meeting, Oct 17, 2023. Duyuru • Sep 17
Forte Minerals Corp. Appoints Two Strategic Members to Advisory Committee Forte Minerals Corp. announced the appointment of two new strategic members to its advisory committee. These talented individuals were appointed by the board of directors for the purpose of offering advice and support on a wide range of issues relevant to the exploration & mining initiatives in Peru as well as the financial advancement of the Company. The company welcomed Ricardo Labó and Peter Espig to the team. Mr. Labó is a mineral economist with over 20 years industry experience in Peru, Latin America, and Africa. His wealth of regional experience and strong political network is invaluable. Mr. Espig is a financier and former VP at Goldman Sachs, with an impressive track record. He has structured over USD 2.0 billion in private equity and pre-IPO investment transactions from the principal side and is a pioneer of SPACs, having completed over $1.0 billion in transactions. Ricardo Labó and Peter Espig are joining existing advisors', Paul Johnston and Thomas Henricksen to form a well-balanced advisory committee. The committee will serve as an important complement to the Board of Directors and management of the Company, and create considerable value in form of contacts, perspective, industry expertise, as well as strategic input and financial guidance. Ricardo Labó MSc. - Mineral Economist: Mr. Labó is currently the country manager in Peru for Element 29 (TSXV: ECU), a partner at LQG Energy and Mining Consulting, General Manager of LQG Ambiental and Executive Director of the Australia Peru Chamber of Commerce. He has held several high-level positions in the Ministry of Energy and Mines of Peru including Vice Minister of Mines, Advisor to the Minister of Energy and Mines as well as Director of Mining Promotion and Development where he successfully promoted responsible mining exploration and development investment in the country. In the private sector, he held several senior positions at Rio Tinto, Roche, Phelps Dodge and Grupo Apoyo, provided strategic advisory and consultancy services to several international mining companies and institutions, and was a board member of several private and state-owned mining and energy companies. Mr. Labó is a Peruvian Chartered Economist from Universidad del Pacifico (Peru), with an MSc. in Mineral Economics from Colorado School of Mines (US), an LLM in Mineral Law and Policy from CEPMLP, University of Dundee (Scotland, UK) and an MBA from Adolfo Ibañez School of Management (Chile and US). Peter Espig – Financial Advisor: Since November 2013, Mr. Espig has been the President and CEO of Nicola Mining Inc. (TSX-V: NIM). He has been active in the turnaround of mining projects and has functioned in management and director roles for numerous mining companies. He is experienced in the analysis of investment opportunities, raising capital, deal sourcing, financial structuring, and corporate turnaround. Mr. Espig served as Vice-President of the Principal Finance and Securitization Group and Asia Special Situations Group for Goldman Sachs Japan. Prior to joining Goldman Sachs, Mr. Espig was Vice-President of Olympus Capital, a New York private equity firm, where he participated in corporate restructurings, investment analysis and financing negotiations for both domestic and international investments. In 1989, Mr. Espig received his B.A. from the University of British Columbia and later received his MBA from Columbia Business School, where he was a Chazen International Scholar. Duyuru • Sep 10
Forte Minerals Corp. Appoints Jasmine Lau as CFO Forte Minerals Corp. announced the appointment of Ms. Jasmine Lau, CPA, CA as Chief Financial Officer. Ms. Lau has an extensive background in the resource section and has served as CFO of several public exploration companies with international projects. Ms. Lau previously worked at Teck Resources Ltd. and Deloitte & Touche LLP's Vancouver Assurance &Advisory group where she focused on audits of public mining companies. Ms. Lau holds a Bachelor of Commerce from the University of British Columbia. Ms. Lau will be replacing Ms. Samantha Shorter who has served as Chief Financial Officer since August 2020. The Company extends its appreciation to Ms. Shorter for her dedication and contributions and wishes her well in her future endeavours. Board Change • Jun 01
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • May 26
Forte Minerals Corp., Annual General Meeting, Jul 27, 2022 Forte Minerals Corp., Annual General Meeting, Jul 27, 2022. Board Change • May 09
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • Apr 21
Forte Minerals Announces Pucarini Gold Project Exploration Plans for 2022 Forte Minerals Corp. announced exploration plans for its 100% owned Pucarini Gold Project ("Pucarini"), a high sulphidation epithermal gold system located in the department of Puno, in Southern Perú. The Company also announced the awarding of full title to additional claims applications surrounding Pucarini that were staked in late 2020. The original Pucarini property comprises 1000 hectares of prospective, high sulphidation epithermal gold mineralization. This property has been the Company's main exploration focus as outlined in the Company's 43-101 technical report and summarized in the Company's initial public offering prospectus dated November 12, 2021. In late 2020, the Company staked 10 satellite claims surrounding Pucarini, comprising 16,100 hectares. The Company announced it has recently been awarded full title to these new claims. The awarded concessions cover prospects that exhibit a similar argillic-sericitic hydrothermal alteration signature to that of Pucarini. The area selection was influenced by knowledge gained at Pucarini and the expression of similar hydrothermal alteration signatures recognized in the ASTER satellite imagery as part of the Company's regional remote sensing exploration program. Following the successful surface exploration programs at Pucarini that identified anomalous gold on surface, it was determined a priority to control more prospective ground in the district. A regional exploration program will be deployed in 2022 with follow-up sampling and mapping programs on the recently awarded concessions. The Company completed an extensive surface exploration program in 2021 at Pucarini which included geological mapping, geochemical sampling and geophysical surveys. The induced polarization (IP) geophysical survey lines were positioned over the strongest mineralization and alteration as recognized from preceding surface mapping and geochemical sampling programs. Four exploration targets (A-D) were interpreted from the exploration program which will require drilling as the next step in testing the potential for economic gold mineralization on the property. An initial 4 hole, core drill program (+1000m) is planned to test three of four exploration target areas. DRILL PROGRAM: Drill holes will be positioned to test these geophysical anomalies coincident with elevated gold values from surface sampling. Locations of these drill holes may be modified following further interpretation of the exploration program's database by the Company's geologic staff. The first hole, DH_P01, is designed to test the north end of the north-trending chargeability anomaly at target area A, where it coincides with a resistivity anomaly and a domain of strong demagnetization. This hole will be collared near outcrops of hydrothermal breccia containing 5% fine-grained disseminated pyrite. Drill hole DH_P02 is positioned to test a northwest-trending zone defined by abundant quartz veining, hydrothermal breccia veins and breccia dikes associated with an advanced argillic mineral assemblage in target area A. This hole will be located where the vein zone intersects the north-trending chargeability anomaly and coincident resistivity anomaly. Drill hole DH_P03 is designed to test beneath the cluster of rock chip samples that returned anomalous gold values in target area B that coincide with advanced argillic alteration and a resistivity anomaly on the west flank of the north-trending chargeability anomaly. Drill hole DH_P04 is positioned to test the large resistivity anomaly in target area C near the east flank of the north-trending chargeability anomaly where it intersects the northern margin of the northwest-trending zone of veining. DRILL PERMITTING: The CIRA Report, which is the first step in the permitting process, has been submitted and approval is expected shortly. The field studies and technical documents have been completed and the Company is in the process of finalizing the DIA Report which will be submitted to MINEM for approval of the drill permits. Forte is working with an experienced ESG consulting firm based in Perú to guide the exploration and permitting, with a goal of maintaining a positive working relationship with the communities near its projects. Board Change • Jan 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.