Forte Group Concludes Strategic Financing Initiatives

Forte Group Holdings Inc., based in Vancouver, announced the closure of a non-brokered private placement effective February 24, 2025. The company issued 200,000 common shares at $0.60 each, generating $120,000 in gross proceeds. These funds will support general working capital and outstanding payables. The shares are subject to a statutory hold period, expiring on June 25, 2025.

Additionally, Forte Group converted $29,000 in secured promissory notes into common shares at $0.48 per share, resulting in 60,416 new shares. These shares are also subject to a hold period until June 25, 2025. None of the securities are registered under the U.S. Securities Act of 1933, limiting their sale in the United States.