Forte Minerals Corp. has closed its non-brokered private placement with a strategic investor, acquiring 6,326,066 common shares for C$5.7 million. The investor now holds 9.99% of Forte’s shares, showing confidence in the company’s copper-gold growth pipeline. Proceeds from the placement will mainly fund exploration activities at the Alto Ruri project in central Peru, with the rest used for general working capital. An Investor Rights Agreement grants the investor certain rights, including participation in future equity financings. All shares issued are subject to a hold period expiring on November 24, 2025.

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