Forte Minerals Closes C$5.7 Million Strategic Placement, Welcomes Long-Term Partner

Forte Minerals Closes C$5.7 Million Strategic Placement, Welcomes Long-Term Partner

Forte Minerals closes strategic financing to accelerate exploration and permitting at Alto Ruri, validating its thesis in Peru’s copper-gold belt....

Forte Minerals raises $5.7 million for exploration in Peru – Resource World Magazine

Forte Minerals Corp. [CUAU-CSE, FOMNF-OTCQB, 20A-Frankfurt] said it has raised $5.7 million from a previously announced non-brokered private placement. It said the investor, who isn’t named, has acquired 6.32 million common shares at 90 cents per share. Following Wednesday’s closing, the investor holds 9.99% of Forte’s issued and outstanding shares on a non-diluted basis, establishing a meaningful, long-term position in the company’s copper-gold