Forte Minerals Corp. acquires Peru's Miscanthus Property to enhance exploration efforts.

Forte Minerals Corp. has completed the acquisition of the Miscanthus Property in Peru from Globetrotters Resource Group. The property includes four concessions covering 3,200 hectares and features an approved drilling permit, reducing permitting risks. The deal involved a cash payment of $27,000, issuance of 3 million shares, and a 1% net smelter return royalty. This acquisition positions Forte to advance exploration and potentially expand into the bioenergy sector.

October 31, 2024
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