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Forte Energy NL (FTE)


Wednesday 27 July, 2016

Forte Energy NL

Share Issue for Darwin Conversion Notice

                                                                                       Forte Energy NL

                                                                                           AIM Release
                                                                                        27 July 2016

Share Issue for Darwin Conversion Notice

Forte Energy NL ("Forte Energy" or "The Company") (AIM: FTE)

Forte  Energy announces the allotment of 2,295,684,114 fully paid ordinary shares ("Conversion Shares")
in  the  Company to Darwin Capital Limited ("Darwin"). The Conversion Shares have been issued following
the  receipt  of  a  conversion  notice today from Darwin in relation to  the  convertible  loan  notes
announced on 26 March 2015.

The Conversion Shares were issued at 0.004356 pence per share for the exercise of conversion rights  in
respect  of  £100,000  of  Convertible Loan Notes. Following this share issue, Convertible  Loan  Notes
issued in March 2015 for £200,000 remain outstanding.

Application  has  also  been  made  to the AIM market of the London  Stock  Exchange  ("AIM")  for  the
Conversion  Shares  to  be admitted to trading on AIM from 1 August 2016. Following  admission  of  the
Conversion Shares Forte Energy will have 15,980,995,721 fully paid ordinary shares in issue.

Murray Wylie
Company Secretary

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]

Forte Energy NL

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