Mr. Patrick Elliott reports

FORTE MINERALS COMPLETES MISCANTHUS ACQUISITION FROM GLOBETROTTERS RESOURCE GROUP

Forte Minerals Corp. has completed its acquisition of the Miscanthus property, a high-sulphidation epithermal gold-silver and porphyry copper-molybdenum-gold prospect in central Peru from Globetrotters Resource Group Inc., as initially announced on Oct. 23, 2024.

The property (consisting of four concessions totalling 3,200 hectares) was transferred to Forte's Peruvian subsidiary, Cordillera Resources Peru SAC, and includes an approved DIA drilling permit for up to 40 platforms over 172 hectares, significantly lowering permitting risk.

Under the mineral asset purchase agreement dated Oct. 21, 2024, between Forte and Globetrotters, to acquire the property, Forte made a one-time cash payment of $27,000 (U.S.), issued three million common shares at a deemed price of 23 cents per share and granted a 1-per-cent net smelter return (NSR) royalty to Globetrotters.

With the acquisition now complete, Forte is well positioned to advance exploration at Miscanthus.

For further details, please refer to Forte's Oct. 23, 2024, press release.

As Globetrotters is the beneficial owner of more than 10 per cent of Forte's outstanding shares, it is a related party to the company within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. As such, the acquisition of the property was a related party transaction within the meaning of MI 61-101. The company relied on exemptions from the formal valuation and the minority shareholder approval requirements of MI 61-101 found in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the property and consideration payable therefore does not constitute more than 25 per cent of the company's market capitalization.

Prior to the completion of the acquisition, Globetrotters held 5,833,333 common shares, representing 12.36 per cent of the then outstanding shares; and, following the acquisition, Globetrotters now holds 8,833,333 shares and 833,333 warrants, representing 17.60 per cent of the outstanding shares on an undiluted basis and, assuming full exercise of the warrants, held approximately 18.94 per cent of the issued and outstanding shares on a partially diluted basis. While Globetrotters has no plans or intentions with respect to the securities held by it, depending on market conditions, general economic and industry conditions, trading prices of the shares, the company's business, financial condition and prospects, and/or other relevant factors, Globetrotters may develop such plans or intentions in the future and, at such time, may from time to time acquire additional shares, dispose of some or all of the existing or additional shares or may continue to hold the shares of the company.

A copy of the early warning report filed by Globetrotters will be available on the company's SEDAR+ profile or may be obtained by contacting Richard Osmond at 604-466-0425.

All securities issuable in the acquisition are subject to a four-month-and-one-day hold period ending on March 1, 2025.

About Forte Minerals Corp.

Forte Minerals is an exploration company with a strong portfolio of high-quality copper and gold assets in Peru. The company's strategic partnership with Globetrotters Resources Peru SAC (GTR) grants Forte access to a comprehensive project pipeline, enabling Forte to target the most promising opportunities. This collaboration focuses on historically discovered, drill-ready targets, driving significant value in copper and gold resource development.

We seek Safe Harbor.