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October 14, 2025

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Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announces the appointment of Major General (Ret.) Peter J. Lambert to its Advisory Board. Peter brings more than three decades of leadership in intelligence, defense and advanced technology integration, combining a distinguished U.S. Air Force career with senior executive experience in the private sector most notably with General Dynamics Information Technology (‘GDIT’), one of America’s leading defense and technology companies.

HIGHLIGHTS

– Major General (Ret.) Peter J. Lambert appointed to the Locksley Advisory Board, + 30 years leadership in U.S. intelligence, defense and advanced technology integration

– Former Assistant Deputy Chief of Staff for Intelligence, Surveillance and Reconnaissance (‘ISR’) at U.S. Air Force Headquarters

– Senior executive at General Dynamics Information Technology, a leading U.S. defense and aerospace technology company

– Appointment aligns with Locksley’s 100% American mine-to-market vision, leveraging defense grade systems integration, operational intelligence, and secure supply-chain development

– Strengthens Locksley’s leadership in the U.S. race to secure domestic supplies of rare earths and antimony, positioning the Company at the forefront of America’s drive for critical minerals independence

– Advisory focus, strategic capability development, U.S. government and defense engagement and strategic foresight for market and policy resilience

Strategic Appointment of Peter J. Lambert to Advance U.S Critical Minerals Independence

Major General (Ret.) Peter J. Lambert brings more than 30 years of leadership across U.S. intelligence, surveillance, reconnaissance (ISR), and national security operations to the Locksley Advisory Board.

A retired U.S Air Force Major General, Peter served as Assistant Deputy Chief of Staff for Intelligence, Surveillance and Reconnaissance at U.S. Air Force Headquarters, overseeing ISR capabilities across the Air Force and coordinating with U.S. intelligence agencies to enhance mission readiness and strategic insight.

Following his distinguished military service, Peter joined GDIT, where he contributed to the advancement of secure communication, data integration, and intelligence technologies supporting national defence and aerospace innovation. His work at GDIT focuses on aligning complex technical systems with operational needs, experience that directly parallels Locksley’s vision of integrating exploration, processing, and market delivery into one cohesive Mine-to-Market strategy.

Over his career, Peter has held senior appointments with the Defense Intelligence Agency (DIA), National Security Agency (NSA), and The Joint Staff, developing expertise in system integration, organisational transformation, and multi-domain coordination. He holds a Master’s degree in National Security Affairs, a Bachelor of Arts in International Studies and has completed advanced studies in joint command, cyber operations, and strategic foresight. Additionally, he served as a National Defense Fellow at the Atlantic Council of the United States, in Washington, D.C.

Defense Grade Experience to Support Mine-to-Market Execution

Peter Lambert’s appointment brings unique defence grade strategic and operational expertise to Locksley’s mission of developing a vertically integrated, 100% American mineto-market critical minerals business. His experience will be leveraged in several key areas:

1 – Advanced Systems Integration & Intelligence Driven Decision-Making

Drawing on his work at GDIT and the U.S. Air Force, Peter will advise on intelligence based frameworks that enhance operational visibility, project planning, and risk assessment from mine development to market delivery.

His approach to integrating complex systems will help Locksley executives establish bestin-class governance and real-time data flow between exploration, processing, logistics, and customer engagement.

2 – Strategic Capability Development & Organisational Design

As Locksley transitions from exploration to production and downstream operations, Peter’s experience leading large, technically complex organisations will help guide structure, resource planning, and leadership alignment across all workstreams.

3 – Government, Defence, and Industry Engagement

Peter’s extensive network in the U.S. defense national security and defence sectors will support Locksley’s engagement with key government and strategic partners particularly in the context of critical minerals supply chain resilience and domestic industrial capability.

4 – Strategic Foresight & Risk Intelligence

Peter’s background in ISR and scenario planning equips him to help Locksley anticipate market, policy, and geopolitical shifts, ensuring the company remains adaptive and future ready as demand for antimony and rare earth elements accelerates.

Kerrie Matthews Locksley Chief Executive Officer commented;

‘Peter’s appointment to the Locksley Advisory Board, comes at a pivotal time for the United States as the nation seeks to secure and strengthen its domestic supply of critical minerals.

His exceptional background spanning military intelligence, defence industry leadership, and strategic operations will bring immense value to Locksley as we advance our Mojave Project and broader North American expansion strategy.

Peter’s experience will provide strong stewardship as we continue building a secure, technologically advanced mine-to-market supply chain that aligns with U.S. strategic objectives for critical minerals independence. We are delighted to welcome Peter to the Locksley Advisory Board and look forward to his guidance as we continue to unlock value and deliver on our mission.’

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

Source:
Locksley Resources Limited

Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au

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Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) announces a capital raising of $6 million, comprising the issue of 133,333,334 fully paid ordinary shares in the capital of the Company at an issue price of $0.045 per Share. Participants in the placement will also receive free attaching listed options at 1 option for every 2 shares issued with an exercise price of $0.065 and expiry date of 31 October 2028.

Highlights

– Binding Commitments to raise $6 million at an Issue price of $0.045 per share

– Strong foundations set to deliver further trials and sales of UPS batteries, source project finance of CERENERGY(R), complete the 90kWh battery prototype and assess the 4 GWh Giga factory for large scale production

– Funds will be used to further progress a variety of value accretive activities at the CERENERGY(R), AMPower and Silumina AnodesTM Projects

The Shares and Options under the Placement will be issued out of the Company’s available capacity under Listing Rules 7.1. It is proposed that the shares will be issued on 20 October 2025. The options represent a new class of listed security and as such, will require a Prospectus to be issued prior to the options being allotted. Altech is now working on the Prospectus and aims to have it finalised within the coming weeks.

The Placement was jointly managed by Evolution Capital and Alpine Capital. The costs associated with the Placement was a combined 6% fee on all funds raised plus 60,000,000 options. Further details regarding the Placement are set out in the Appendix 3B of today’s date.

The funding establishes balance sheet flexibility for the Company to execute on the following near term `milestones:

– Trials and sales of Altech UPS batteries: Initial sales anticipated of advanced UPS batteries, targeting critical infrastructure customers across Europe, Australia, and the United States.

– Funding Deals: sourcing project finance for the 120 MWh CERENERGY(R) production facility in Germany, supporting large-scale commercial rollout.

– Pilot Plant and Battery Commercialisation News:

o Completion of the larger 90kWh battery prototype for the CERENERGY(R) project.

o Preliminary assessment for establishing a 4 GWh Giga factory for largescale production.

Managing Director Mr Iggy Tan stated ‘We are encouraged by the strong market interest in our current initiatives. This capital raise comes at an exciting time for Altech as it establishes its selling, distribution and installation infrastructure for AMPower produced Altech branded sodium nickel chloride (SNC) batteries and advances the commercialisation of its 120MWh CERENERGY(R) battery project. With the operation of the Silumina Anodes(TM) pilot plant completed and NDAs signed with major US and European car manufacturers, Altech is readying itself to provide commercial samples of the product. A portion of the funds will also be allocated to a preliminary study for a larger 4 GWh battery facility, marking the next significant step towards commercialisation’.

About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

Source:
Altech Batteries Ltd

Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

News Provided by ABN Newswire via QuoteMedia

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Here’s a quick recap of the crypto landscape for Friday (October 10) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$116,726, a 3.6 percent decrease in 24 hours. Its lowest valuation of the day was US$116,242, and its highest was US$122,359, recorded shortly after trading began on major indexes.

Bitcoin price performance, October 10, 2025.

Chart via TradingView.

Bitcoin has logged a weekly loss of around 5.2 percent.

Key support zones are being tested, which could attract dip buyers, potentially setting the stage for a rebound. However, a sustained break below could invite additional downside before market stability returns.

The week was capped by a sharp selloff as Bitcoin dipped in late Friday trading, triggering over US$850 million in liquidations in 24 hours, with the majority being long positions. A contraction in futures open interest confirms that traders are exiting leveraged positions and further supports the narrative of a healthy market reset.

The immediate focus will be on Bitcoin’s ability to reclaim its US$117,000 to US$120,000 support zone over the weekend. Technical momentum indicators suggest the market remains in a consolidation phase, with volatility compression possibly foreshadowing a large directional move in the coming weeks.

Ether (ETH) was priced at US$3,998.07, an 8 percent decrease in 24 hours. Its lowest valuation of the day was US$3,976.33, and its highest was US$4,386.23.

Altcoin price update

  • Solana (SOL) was priced at US$205.98, a decrease of 5.8 percent over the last 24 hours. Its lowest valuation of the day was US$204.77, and its highest was US$224.06.
  • XRP was trading for US$2.68, a decrease of 3.8 percent over the last 24 hours and near its lowest valuation of the day. Its highest was US$2.83.

Today’s crypto news to know

International banks explore stablecoin issuance

A group of leading international banks, including BNP Paribas (EPA:BNP), Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), Deutsche Bank (NYSE:DB), Citigroup (NYSE:C), UBS Group (NYSE:UBS) and others, has announced a joint exploration into issuing a stablecoin pegged to major G7 fiat currencies.

The initiative seeks to use digital assets to create a stable payment option that boosts competition and efficiency in financial markets, especially cross-border payments. The banks emphasize that they will ensure full compliance with regulatory requirements and adopt best risk management practices.

The project is in its early stages and will involve ongoing coordination with regulators and supervisors across relevant markets. While no specific timeline has been announced, this collaboration signals growing institutional interest in blockchain-based financial innovation.

Kalshi completes Series D funding round, expands internationally

Kalshi completed a Series D funding round of over US$300 million led by Sequoia Capital and Andreessen Horowitz (a16z), with participation by Paradigm, CapitalG, Coinbase Ventures, General Catalyst and Spark Capital.

The latest round brings the company’s valuation to US$5 billion and comes after Kalshi closed a separate US$185 million funding round in June; it was led by Paradigm and also featured Sequoia. The platform also announced an international expansion with an immediate launch in 140 new markets.

“International users can now access the platform via the Kalshi website with an identical product experience to American users,” the company said in a press release.

Prestige Wealth secures funding for digital gold treasury, rebrands as Aurelion

Prestige Wealth (NASDAQ:AURE) announced it has secured approximately US$150 million in financing to establish Nasdaq’s first digital gold treasury focused on Tether Gold, a gold-backed stablecoin issued by Tether. This milestone is part of a broader plan to integrate tokenized gold into the company’s reserve assets. As part of the transition, Prestige Wealth will rebrand itself as Aurelion and start trading under the ticker symbol AURE on October 13.

The financing package consists of a US$100 million private investment in public equity, with Antalpha Platforms as the lead investor, supported by Tether and Kiara Capital. Additionally, there is a US$50 million senior debt facility. Most of these funds will be allocated to acquiring Tether Gold, which will serve as Aurelion Treasury’s reserve asset.

XRP, DOGE, SOL slip as US$2.7 billion flows into Bitcoin ETFs

Major altcoins faced losses on Friday as cryptocurrency traders took profits from Bitcoin’s record-breaking rally, even as spot exchange-traded fund (ETF) demand remained strong.

Solana, XRP, Dogecoin and Cardano each slid up to 3 percent, according to CoinDesk. Despite the retreat, US-listed Bitcoin ETFs drew US$2.72 billion in inflows this week, highlighting resilient institutional appetite.

The ETF surge underscores Bitcoin’s growing role as a “digital safe haven,” especially amid gold’s surge above US$4,000 per ounce. However, a possible pullback to the US$107,000 to US$115,000 range could be imminent ahead of the US Federal Reserve’s October policy meeting.

EU dismisses ECB’s call for new stablecoin rules

The European Commission said Friday that existing crypto regulations under MiCA are adequate to handle stablecoin risks, pushing back on calls from the European Central Bank (ECB) for stricter oversight.

According to Reuters, the ECB had urged Brussels to introduce new safeguards against “multi-issuance” models, where stablecoins minted outside the EU could be treated as interchangeable with those issued within.

Industry groups, including members like Circle Internet Group (NYSE:CRCL), asked the commission to formally clarify that multi-issuance is allowed under current rules. In a statement to Reuters, the commission said MiCA already provides a “robust and proportionate framework,” and that further guidance will be published soon.

The ECB’s main concern is that redemptions from non-EU tokens could drain reserves inside the bloc, posing systemic risks. Stablecoin issuers countered that their reserve structures already mitigate such threats.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Monday (October 13) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) and major cryptocurrencies rebounded at the start of the week, regaining ground after a sharp October 10 selloff triggered by US President Donald Trump’s renewed tariff threats against China. The correction, which wiped out billions in leveraged positions, marked one of the largest single-day liquidations in crypto trading history.

Bitcoin price performance, October 13, 2025.

Chart via TradingView.

Bitcoin has climbed 2.2 percent in the past 24 hours to trade above US$114,200; the coin plunged below US$109,000 late on October 10 after setting a record high near US$126,200 earlier last week.

The weekend rebound followed Trump’s more conciliatory Truth Social post on October 12, where he wrote:

“Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!”

Data from CoinGlass reveals over 1.6 million trades were liquidated on October 10, amounting to more than US$19 billion in forced sales across the crypto market. Other reports place the figure at roughly US$20 billion, the largest single-day liquidation in crypto history, as leveraged long positions on Bitcoin and Ether were rapidly unwound.

The event also saw major altcoins like XRP, Dogecoin and Cardano slump by as much as 30 percent, deepening what traders have described as a “cascade of leveraged liquidations.”

According to Bitcoin researcher Axel Adler Jr., the October 10 shock “changed the regime to moderately bearish,” though market structure indicators suggest the downturn has yet to reach capitulation levels.

Adler also notes that the Bitcoin Bull-Bear Structure Index dropped by 8 percent, and a further decline to -15 percent would “signal continued bearish pressure and the risk of retesting local lows.”

Bitcoin dominance in the crypto market now stands at 56.01 percent.

Ether (ETH) was trading at US$4,105.84 as of the time of this writing. Its lowest valuation on Monday was US$3,802.06, and its highest was US$4,196.98.

Altcoin price update

  • Solana (SOL) was priced at US$199.11, an increase of 5.8 percent over the last 24 hours and its highest valuation of the day. Its lowest valuation on Monday was US$179.
  • XRP was trading for US$2.57, up by 6.8 percent over the last 24 hours. Its lowest valuation of the day was US$2.37, and its highest was US$2.64.

ETF data and derivatives trends

The Fear & Greed Index currently reads 40, climbing back to neutral territory after crashing to ‘fear’ last week.

Last week, the cumulative net flows for spot Bitcoin exchange-traded funds (ETFs) were predominantly positive despite the sudden crash on the tail end. According to data from the week of October 6 to October 12, spot Bitcoin ETFs had inflows on four days, with October 10 being the outlier at US$4.5 million in outflows. The inflows were led by BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) and the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC).

Cumulative total inflows for spot Bitcoin ETFs stood at US$62.77 billion as of October 10.

Today’s crypto news to know

Crypto funds log US$3.17 billion in inflows despite tariff turmoil

Digital asset investment products saw US$3.17 billion in inflows last week, shrugging off the volatility sparked by renewed US-China tariff tensions. According to CoinShares, Bitcoin accounted for $2.67 billion of that total, underscoring its dominance in institutional portfolios as exchange-traded product volumes hit a record US$53 billion.

US spot Bitcoin ETFs alone attracted US$2.71 billion, even as major cryptocurrencies corrected midweek. October 10’s minor US$159 million outflow suggests investors were largely unfazed by short-term market shocks.

Furthermore, year-to-date inflows have reached a record US$48.7 billion, already surpassing 2024’s full-year total, which analysts say is indicative of a resilient capital rotation into crypto.

House of Doge to list on Nasdaq

In a bid to bring Dogecoin deeper into traditional finance, House of Doge — the corporate arm of the Dogecoin Foundation — announced plans to debut on the Nasdaq via a reverse merger with Brag House Holdings (NASDAQ:TBH).

CEO Marco Margiotta said the listing will help fund new payment and yield infrastructure for Dogecoin, including a pending spot ETF with 21Shares and a treasury product already trading on the NYSE. Backers include Elon Musk’s attorney Alex Spiro, former Texas Governor Rick Perry and members of the Steinbrenner family.

Margiotta said being public will accelerate Dogecoin’s integration into retail payments and cultural sectors like sports, where the firm plans to launch tokenized fan initiatives.

Dogecoin rose more than 10 percent following the announcement. The deal is expected to close in early 2026.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Forte Minerals Corp. (‘Forte’ or the ‘Company’) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce that the Board of Directors has appointed Patrick Evans as 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.

Patrick Elliott , President and CEO of Forte, stated, The appointment of Patrick Evans represents a transformational addition to Forte Minerals’ Board of Directors. As one of the most accomplished executives in the global mining industry, Mr. Evans brings a distinguished record of leading high-growth companies through major transactions, capital market success, and the development of tier-one mineral assets. His strategic insight and leadership will be instrumental as Forte advances its high-quality copper and gold portfolio in Peru and continues to unlock substantial long-term value for shareholders ‘.

Mr. Evans added, ‘Forte Minerals has built an exceptional portfolio of exploration projects in one of the world’s premier mining jurisdictions. I am excited to collaborate with the Board and management team to unlock the full potential of these assets and drive meaningful growth and value creation for all stakeholders.’

Forte Minerals would also like to extend its sincere gratitude to Mr. Doug Turnbull, P.Geo., who has resigned from the Board of Directors. Mr. Turnbull has served as an Independent Director and Chair of the Compensation Committee since 2010.

Over his fourteen years of dedicated service, Mr. Turnbull has been an integral part of Forte’s growth and governance, bringing more than 30 years of global exploration experience and thoughtful leadership to the Board. His geological expertise and steady guidance have helped shape the Company’s strategic direction from its early stages to its current milestones.

Mr. Turnbull is stepping down on excellent terms to pursue a new opportunity with VBKOM, an engineering company based in South Africa.

The Board and management wish to thank him for his longstanding commitment, professionalism, and contribution to Forte’s success, and wish him continued achievement in his new role.

Corporate Update: Option Grants

In connection with his appointment to the Board of Directors and as Independent Chair of the Company, Mr. Patrick Evans was granted 500,000 stock options. Each option is exercisable for 5 years to acquire one common share of the Company at a price of C$0.78 per share, consistent with the exercise price granted to other directors in recent stock option issuances.

The Company also granted an aggregate of 2,250,000 stock options to directors, officers, and consultants pursuant to its existing stock option plan.

In total, 2,750,000 stock options were granted. All Options are exercisable at $0.78 per share for a period of five years, subject to the terms of the plan and applicable regulatory approvals.

ABOUT Forte Minerals CORP.

Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper (Cu) and gold (Au) assets in Peru. Through a strategic partnership with GlobeTrotters Resources Perú S.A.C. , the Company gains access to a rich pipeline of historically drilled, high-impact targets across premier Andean mineral belts. The Company is committed to responsible resource development that generates long-term value for shareholders, communities, and partners.

On behalf of Forte Minerals CORP.

(signed) ‘ Patrick Elliott’
Patrick Elliott, MSc, MBA, PGeo
President & Chief Executive Officer

Forte Minerals Corp.
info@forteminerals.co m
www.forteminerals.com

For further information, please contact:
Investor Inquiries
Kevin Guichon, IR & Capital Markets
E: kguichon@forteminerals.com
C: (604) 612-9976

Media Contact
Anna Dalaire, VP Corporate Development
E: adalaire@forteminerals.com
T: (604) 983-8847

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Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements relating to the intended use of proceeds of the Strategic Placement. These forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company with respect to the matter described in this press release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under ‘Risk Factors and Uncertainties’ in the Company’s latest management’s discussion and analysis, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information or statements to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d4b54275-2dff-445f-bc54-06bb0775c8e5

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