Forte Energy NL
ACN 009 087 852
AIM Release
10 December 2015
Market update
Forte Energy NL ("Forte" or "the Company") (AIM: FTE), is pleased to provide the following update to
shareholders in relation to the discussions currently being held with several parties regarding potential
corporate transactions and/or potential acquisitions.
The Company advises that the negotiations are progressing well and expects to be in a position to announce
details of a transaction within the next week or so. The corporate transactions currently under
consideration are expected to result in an injection of funds to recapitalise the Company, with the
transaction likely to result in a change of business outside the resources sector and subject to
shareholder approval.
Shareholders should be aware that there is no certainty of such discussions and negotiations leading to a
transaction being successfully concluded. The Company looks forward in the near term to advising
shareholders of any developments.
Release of the Annual Report and its distribution to shareholders is expected to occur contemporaneously
with the release of an announcement of the completed negotiations. Due to the delay in releasing the Annual
Report, the Company advises that the adjournment of the AGM for the tabling of the Annual Report is to be
extended, with the meeting to reconvene after the Annual Report has been released. All other agenda
matters in the Notice of AGM were dealt with on Friday 27 November 2015 prior to the adjournment of the
AGM.
For further information contact:
Mark Reilly, Managing Director
Forte Energy NL Tel: +61 (0) 8 9322 4071
Oliver Morse
RFC Ambrian Ltd Tel: +61 (0) 8 9480 2500
(AIM Nominated Adviser to the Company)
Forte Energy NL
Suite 3, Level 3
1292 Hay Street
West Perth WA 6005
Ph: +61 (0)8 9322 4071
Fax: +61 (0)8 9322 4073
Email: [email protected]
Web: www.forteenergy.com.au
Forte Energy NL