Forte Energy NL

December 04, 2014 06:12 ET

Completion of CLNs and Equity swap shares

                                                                                                AIM Release
                                                                                             4 December 2014
Completion of CLNs and Equity swap shares

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

Forte Energy is pleased to announce that it has received the final Conversion Notice from Darwin Strategic
Limited  ("Darwin") for the remaining £17,250 balance under the Convertible Loan Note announced  in  April
2014.  The Conversion Shares consisting 18,931,080 converted at 0.09112p will be issued to Darwin  in  due
course in accordance with the terms of the Convertible Loan Note.

Additionally the company is pleased to announce that the equity swap transaction entered into  with  Darwin
has completed.

Darwin has also advised that on competition of the above transactions, they currently do not have a
beneficial interest in any shares in Forte Energy.

Murray Wylie
Company Secretary

For further information contact:

Mark Reilly, Managing Director
Forte Energy NL                               Tel: +61 (0) 8 9322 4071

Oliver Morse / Trinity McIntyre
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

Contact Information

  • Forte Energy NL