Forte Energy NL
AIM : FTE

June 08, 2015 10:43 ET

Share Issue for Darwin Conversion Notice

                                                                                       Forte Energy NL
                                                                                                      
                                                                                           AIM Release
                                                                                           8 June 2015

Share Issue for Darwin Conversion Notice

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

Forte Energy announces the allotment of 241,966,705 fully paid ordinary shares ("Conversion Shares") in
the  Company  to Darwin Strategic Limited ("Darwin"). The Conversion Shares have been issued  following
the  receipt of a conversion notice from Darwin in relation to the convertible loan notes announced  on
30 December 2014.

The Conversion Shares were issued at 0.072324 pence per share for the exercise of conversion rights  in
respect  of £175,000 of Convertible Loan Notes. The December 2014 Convertible Loan Notes have now  been
settled. Convertible Loan Notes issued in March 2015 for £1,000,000 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 11 June 2015. Following  admission  of  the
Conversion Shares Forte Energy will have 3,092,616,484 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: info@forteenergy.com.au
Web: www.forteenergy.com.au

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  • Forte Energy NL