Forte Group Closes Private Placement and Complementary Strategic Initiatives, Strengthening Financial Position and Balance Sheet
Forte Group Holdings (OTC:FGHFF) has completed multiple financial initiatives to strengthen its position, effective October 1, 2025. The company closed a non-brokered private placement raising $625,000 through issuing 2.5 million units at $0.25 each, with each unit including a share and warrant exercisable at $0.30 until October 2027.
The company settled $2.5 million in debt through issuing 8.77 million units at $0.285 each. Additionally, Forte entered into two convertible loan agreements totaling USD$427,843 with 15% annual interest, and amended two secured loans worth $357,255. The company also plans to amend a $500,000 convertible debenture and received shareholder approval for a potential 25:1 share consolidation.
Forte Group Holdings (OTC:FGHFF) ha completato diverse iniziative finanziarie per rafforzare la propria posizione, operative dal 1 ottobre 2025. La società ha chiuso una collocazione privata non intermedia che ha raccolto 625.000 dollari emettendo 2,5 milioni di unità a 0,25$ ciascuna, ogni unità comprende una azione e una warrant exercibile a 0,30$ fino a ottobre 2027.
La società ha estinto 2,5 milioni di dollari di debito emettendo 8,77 milioni di unità a 0,285$ ognuna. Inoltre, Forte ha stipulato due contratti di prestito convertibili per un totale di USD 427.843 con interesse annuo del 15%, e ha modificato due prestiti garantiti per un valore di 357.255$. L'azienda prevede inoltre di modificare una convertible debenture da 500.000$ e ha ottenuto l'approvazione degli azionisti per una possibile consolidamento azionario 25:1.
Forte Group Holdings (OTC:FGHFF) ha completado varias iniciativas financieras para fortalecer su posición, a partir del 1 de octubre de 2025. La compañía cerró una colocación privada no intermediada que reunió 625.000 dólares mediante la emisión de 2,5 millones de unidades a 0,25$ cada una, cada unidad incluye una acción y una warrant ejercitable a 0,30$ hasta octubre de 2027.
La empresa liquidó 2,5 millones de dólares de deuda emitiendo 8,77 millones de unidades a 0,285$ cada una. Además, Forte firmó dos acuerdos de préstamo convertible por un total de USD 427.843 con interés anual del 15%, y modificó dos préstamos asegurados por 357.255$. La compañía también planea modificar un convertible debenture por 500.000$ y obtuvo la aprobación de los accionistas para una posible consolidación de acciones 25:1.
포르테 그룹 홀딩스(FGHFF)는 2025년 10월 1일부로 입장을 강화하기 위한 여러 재무 이니셔티브를 완료했습니다. 회사는 비중개 비공개 배정을 통해 60만 5천 달러를 모아 0.25달러에 2.5백만 유닛을 발행했고, 각 유닛은 주식 1주와 2027년 10월까지 행사 가능한 워런트를 포함합니다.
회사은 2.5백만 달러의 부채를 상환하기 위해 0.285달러의 가격으로 8.77백만 유닛을 발행했습니다. 또한 포르테는 연이자 15%로 합계 USD 427,843의 두 건의 전환 대출 계약에 체결했고, 담보 대출 두 건을 357,255달러로 수정했습니다. 또한 회사는 50만 달러의 전환형 채권을 수정할 계획이며, 주주들의 승인을 받아 향후 주식 25:1 합병 가능성을 확보했습니다.
Forte Group Holdings (OTC:FGHFF) a mené à bien plusieurs initiatives financières pour renforcer sa position, effectives au 1er octobre 2025. La société a clôturé une placement privé non intermédiaire levant 625 000 $ en émettant 2,5 millions d’unités à 0,25 $ chacune, chaque unité comprenant une action et une warrant exercitable à 0,30 $ jusqu’en octobre 2027.
La société a réglé 2,5 millions de dollars de dette en émettant 8,77 millions d’unités à 0,285 $ chacune. De plus, Forte a conclu deux accords de prêt convertible pour un total de USD 427 843 avec un intérêt annuel de 15%, et a modifié deux prêts sécurisés d’une valeur de 357 255 $. L’entreprise prévoit également de modifier une débenture convertible de 500 000 $ et a obtenu l’approbation des actionnaires pour une éventuelle fusion d’actions de 25:1.
Forte Group Holdings (OTC:FGHFF) hat mehrere finanzielle Initiativen abgeschlossen, um seine Position zu stärken, gültig ab dem 1. Oktober 2025. Das Unternehmen schloss eine private Platzierung ohne Broker ab, durch die 625.000 USD eingenommen wurden, indem 2,5 Mio. Einheiten zu je 0,25 USD ausgegeben wurden; jede Einheit enthält eine Aktie und eine nach Ausübung bis Oktober 2027 geltende Warrants zu 0,30 USD.
Das Unternehmen beglich 2,5 Mio. USD Schulden durch die Emission von 8,77 Mio. Einheiten zu 0,285 USD. Außerdem traten Forte in zwei wandelbare Darlehensverträge über insgesamt USD 427.843 mit 15% jährlichem Zinssatz ein und modifizierte zwei besicherte Kredite im Wert von 357.255 USD. Das Unternehmen plant zudem, eine 500.000 USD Convertible Debenture zu ändern, und erhielt die Zustimmung der Aktionäre zu einer möglichen 25:1 Aktienzusammenlegung.
فورت هولدنجز المحدودة (OTC:FGHFF) أكملت عدة مبادرات مالية لتعزيز مركزها، اعتباراً من 1 أكتوبر 2025. أغلقت الشركة طرحاً خاصاً غير وسيط جمع 625,000 دولار من خلال إصدار 2.5 مليون وحدة بسعر 0.25 دولار لكل وحدة، وتتضمن كل وحدة سهماً وحق امتلاك قابلاً للممارسة بسعر 0.30 دولار حتى أكتوبر 2027.
سددت الشركة 2.5 مليون دولار من الدين عبر إصدار 8.77 مليون وحدة بسعر 0.285 دولار للوحدة. بالإضافة إلى ذلك، أبرمت Forte عقدين للقرض القابل للتحويل بإجمالي 427,843 دولار مع فائدة سنوية قدرها 15%، وعدلت قرضين مضمونين بقيمة 357,255 دولار. تخطط الشركة أيضاً لتعديل سندات قابلة للتحويل بقيمة 500,000 دولار وتلقت موافقة المساهمين على احتمال دمج أسهم 25:1.
Forte Group Holdings (OTC:FGHFF) 已完成多项财务举措以增强其地位，生效日期为2025年10月1日。公司完成了一笔非经纪人私人配售，通过发行250万单位，每单位0.25美元，共筹集62.5万美元，每单位包含一股股票及在2027年10月前可行使的认股权证，行权价为0.30美元。
公司通过发行875万单位，价格为0.285美元/单位，清偿了250万美元的债务。此外，Forte签署了两份总计427,843美元、年利率为15%的可转换贷款协议，并修改了两笔总额为357,255美元的有担保贷款。公司还计划修改一笔50万美元的可转换债券，并获得股东批准可能的25:1股票合并。
- None.
- High interest rates of 15% on convertible and amended loans
- Significant dilution through multiple equity issuances
- Substantial debt load requiring restructuring
- Complex capital structure with multiple types of convertible securities
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESS Newswire / October 2, 2025 / Forte Group Holdings Inc. (CSE:FGH)(OTC:FGHFF)(FSE:7BC0, WKN:A40L1Z)("Forte Group" or the "Company"), a next-generation beverage and nutraceutical company focused on longevity and human performance, announces that, further to its news releases dated August 28, 2025 and September 8, 2025, it has, effective October 1, 2025, closed a series of initiatives aimed at strengthening its financial position and capital structure, including a non-brokered Private Placement financing (as defined below), a Debt Settlement (as defined below), the issuance of two Convertible Loans (as defined below), and the issuance of the Amended Loans (as defined below). The Company also provides an update on the status of an amendment to a Convertible Debenture (as defined below) and confirms the receipt of majority shareholder approval for a potential Consolidation (as defined below).
Private Placement
The Company has closed a non-brokered private placement financing (the "Private Placement") consisting of the issuance of an aggregate of 2,500,000 units of the Company (each, a "Unit"), at a price of
In connection with closing of the Private Placement, the Company paid a finder's fee of
The net proceeds from the Private Placement are intended to be used for general working capital purposes, as well as to address outstanding and anticipated payables. The securities issued under the Private Placement will be subject to a statutory hold period, expiring on February 2, 2026, in accordance with applicable securities laws.
Debt Settlement
In line with its continued efforts to strengthen its balance sheet, the Company has settled debt totaling
Each Debt Settlement Unit consists of one common share of the Company and one transferable common share purchase warrant (each a "Debt Settlement Warrant"), with each Debt Settlement Warrant exercisable to purchase one additional Share (each,a "Debt Settlement Warrant Share") at an exercise price of
The Private Placement with a corporation owned by the Chief Executive Officer and the Debt Settlements with three directors, a corporation owned by the Chief Executive Officer, a corporation owned by the Chief Financial Officer, and a corporation owned by a director (the "Insider Settlements") are "related party transactions" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Insider Settlements are exempt from the valuation requirement of MI 61-101 by virtue of the exemptions contained in section 5.5(b) of MI 61-101 as the Company's common shares are not listed on a specified market and from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in section 5.7(1)(a) of MI 61-101 in that the fair market value of the Insider Settlement will not exceed
Convertible Loan Agreements
The Company also announces that it has entered into two unsecured convertible debenture agreements for amounts owing by its wholly-owned subsidiary, Naturo Group Enterprises Inc. ("Naturo Group") (together, the "Convertible Loan Agreements") with two lenders who previously advanced funds to Naturo Group pursuant to purchase order facilitation arrangements. The aggregate principal and lending fees outstanding under the Convertible Loan Agreements is USD
At any time during the term of the Convertible Loans, the lenders may elect to convert the outstanding principal and any accrued and unpaid interest thereon into units of the Company (each, a "ConvertibleLoan Unit") at a deemed price of
All securities issued pursuant to the Convertible Loan Agreements will be subject to a statutory hold period expiring on February 2, 2026, in accordance with applicable securities laws.
Secured Promissory Notes Amendment
The Company also announces that it has entered into two secured convertible debenture agreements for an aggregate principal amount of
At any time during the term of the Amended Loans, the Secured Note Holders may elect to convert the outstanding principal and any accrued and unpaid interest thereon into units of the Company (each, a "Amended Loan Unit") at a deemed price of
All securities issued pursuant to the Amended Loans will be subject to a statutory hold period expiring on February 2, 2026, in accordance with applicable securities laws.
Convertible Debenture Amendment
The Company also announces that it intends to amend, but has not yet closed the amendment of, the terms of a secured convertible debenture dated April 14, 2020 (the "Convertible Debenture") with an arm's length third party (the "Debenture Holder") in the principal amount of
At any time during the term of the Amended Convertible Debenture, the Debenture Holder may elect to convert the outstanding principal and any accrued and unpaid interest thereon into units of the Company (each, a "Convertible Debenture Unit") at a deemed price of
For further clarity, as of the date hereof, the Amended Convertible Debenture has not yet closed. The Company nonetheless continues to intend to proceed with the amendment on the terms described herein. All securities issued pursuant to the Amended Convertible Debenture will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws.
Potential Consolidation
The Company also announces that its board of directors (the "Board") has determined that it may be in the best interests of the Company to effect a consolidation of its issued and outstanding common shares (the "Consolidation"). Effective September 17, 2025, the Company obtained shareholder approval by way of written consent (the "Consolidation Consent Resolution") from shareholders holding approximately
For greater certainty, the Consolidation Ratio represents the maximum ratio authorized pursuant to the Consolidation Consent Resolution. The Board retains full discretion, subject to CSE approval, to determine a lesser Consolidation Ratio or to elect not to proceed with the Consolidation. There can be no assurance that the Consolidation will be implemented on the terms described herein, or at all.
About Forte Group Holdings Inc.
Forte Group Holdings Inc. (CSE:FGH) (OTC:FGHFF) (FSE:7BC0, WKN:A40L1Z) is a next-generation beverage and nutraceutical company focused on longevity and human performance. Through its TRACE brand and private-label partnerships, Forte Group develops and manufactures a portfolio of alkaline and mineral-enriched beverages and nutraceutical supplements. Headquartered in British Columbia, Canada, the Company owns a pristine natural alkaline spring water aquifer and operates a 40,000-square-foot, Health Canada and HACCP-certified manufacturing facility near Osoyoos, British Columbia. Forte Group delivers wellness-driven products through traditional retail and e-commerce channels, providing consumers with innovative solutions to support long-term vitality and well-being.
On behalf of the Board of Directors:
Marcello Leone, Chief Executive Officer and Director
info@fortegroup.co
604-569-1414
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements herein include, but are not limited to: the Company's intention to proceed with and the anticipated terms, timing and completion of the Amended Convertible Debenture; the potential implementation and timing of the Consolidation and determination of the Consolidation Ratio; the potential conversion of amounts outstanding under the Convertible Loan Agreements, the Amended Loans, and the Amended Convertible Debenture into securities of the Company; the intended use of proceeds from the Private Placement; and the potential financial and capital-structure impacts of the transactions described in this news release. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions as of the date hereof, including, without limitation, assumptions regarding the receipt of any required regulatory approvals (including CSE approval in respect of the Consolidation and, if applicable, the Amended Convertible Debenture); the Company's ability to complete the Amended Convertible Debenture on the terms described; and general market and economic conditions. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, among others: the risk that the Amended Convertible Debenture will not be completed on the anticipated terms, timeline, or at all; that CSE approval or other regulatory approvals are delayed or not obtained; that the Consolidation is implemented on different terms, at a different ratio, or not implemented at all (including the Board's discretion to determine a lesser ratio or not proceed); risks relating to the intended use of proceeds; risks associated with statutory hold periods and resale restrictions; market volatility and general business risks affecting the Company. Additional risk factors are described in the Company's public disclosure documents available on SEDAR+ at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
SOURCE: Forte Group Holdings
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