Forte Minerals Strengthens ESG Strategy with the Appointment of Lead Energy Advisor

Rhea-AI Summary

Forte Minerals appoints Mike Carter as Lead Energy Advisor, emphasizing commitment to renewable energy and sustainable practices. Carter's role will guide ESG initiatives and elevate the company's position in sustainable exploration and mining. Carter has extensive experience in renewable energy and has led critical mineral exploration projects in Chile and Peru. He has also secured over $15M in grant funding for solar initiatives. The appointment highlights Forte Minerals' vision to lead sustainable practices.

Positive

• Appointment of Mike Carter as Lead Energy Advisor underscores commitment to renewable energy and sustainable practices
• Carter's extensive experience in renewable energy and mineral exploration enhances company capabilities
• Securing $15M in grant funding for solar initiatives highlights commitment to innovative solutions

Negative

• None.

VANCOUVER, BC, Sept. 22, 2023 /PRNewswire/ - Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTQB: FOMNF) (Frankfurt: 2OA) is pleased to announce Mike Carter as its Lead Energy Advisor, signifying its commitment to renewable energy and sustainable practices. Mr. Carter has an extensive background in renewable energy, which aligns seamlessly with Forte's dedication as a copper and gold exploration entity in Perú. This move underscores the Company's intent to champion an ESG framework by integrating a community-driven, environmentally conscious, and socially responsible approach to navigate the complexities of the energy transition.

Coupled with Forte's recent partnership with Social Suite to embark on its ESG reporting journey, Mike Carter's role as the Lead Energy Advisor will help guide this process and elevate the Company's position in the sustainable exploration and mining landscape. Mr. Carter is recognized for his in-depth knowledge of renewable energy, fortifying Forte's mission to amplify its ESG initiatives, particularly emphasizing community engagement, environmental stewardship, and societal obligations.

Patrick Elliott, Forte Minerals' President, remarked, "Mike Carter's prowess in renewable energy and deep-rooted insights into mineral exploration in South America significantly augment our team's capabilities. As a co-founder of Forte, Mike's insights are pivotal in our steadfast journey towards sustainable and renewable energy applications in the mineral exploration industry."

Mike Carter's Distinguished Achievements:

• Led critical mineral exploration projects in both Chile and Peru.
• Directed global ventures in utility-scale solar, energy storage, and hydroelectric domains.
• Played pivotal roles in diverse sectors, including mining, manufacturing, agriculture, and automotive industries.
• Demonstrated visionary leadership at First Green Energy, emphasizing innovation and technological advancement.
• He significantly impacted the World Bank's inaugural Climate Smart Mining conference, sharing insights on the economic benefits of integrating renewables into traditional mining.
• Actively consults with major mining entities, offering expertise in integrating solar energy solutions.
• Has successfully garnered over $15M in grant funding to champion pioneering solar initiatives in Alberta.
• Led groundbreaking agrivoltaics work seamlessly blending utility-scale solar projects with agricultural practices.

To learn more about Mr. Carter, please visit our website.

Patrick Elliott added, "Mike's dual expertise underscores Forte Minerals' vision to lead sustainable exploration and mining practices, highlighting our unwavering commitment to championing the energy transition."

About Forte Minerals Corp.

Forte Minerals Corp., a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Perú SAC, has built an attractive portfolio of high-quality copper and gold assets in Perú. The Company aims to generate significant value growth by strategically situating early-stage and drill-ready targets alongside a historically discovered and drilled porphyry system for copper and gold resource development.

On behalf of FORTE MINERALS CORP.
"/s/" Patrick Elliott
 Chief Executive Officer

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. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

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, including the effects of COVID-19. 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 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.

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SOURCE Forte Minerals Corp.