Mr. Patrick Elliott reports

FORTE MINERALS ANNOUNCES PRIVATE PLACEMENT OF UP TO C$2.4 MILLION

Forte Minerals Corp. intends to complete a non-brokered private placement to raise up to $2.4-million for drilling and exploration programs on the company's Peruvian projects and for general working capital, all as further outlined below.

The offering involves the sale of up to six million units at a price of 40 cents per unit.

Unit terms:

• Each unit will consist of one common share and one-half of one common share purchase warrant.
• Each whole warrant will be exercisable for one common share at 60 cents until the date that is 24 months from the closing of the offering, provided the warrants are subject to accelerated exercise such that, if the closing price of the company's common shares exceeds 90 cents per share for a period of 20 consecutive trading days, the company may give notice of the acceleration of the warrants' term to a period of 30 days following such notice.

All securities issued will be subject to a statutory four-month-plus-one-day hold period in accordance with applicable Canadian securities laws. Additional restrictions may apply pursuant to the Securities Act of 1933, as amended, to U.S. investors, if any.

Use of proceeds:

• Pucarini -- inaugural five-hole drill program for total of 1,750 metres scheduled to start in July, 2025;
• Esperanza -- MT (magnetotelluric) survey;
• Alto Ruri -- DIA drill permitting and community agreements and surface exploration work, including follow-up alteration and geological mapping, geochemical sampling, spectral analysis, and IP (induced polarization) and CSMAT (controlled-source audio-frequency magnetotelluric) surveys;
• General working capital.

Finders' fees may be paid to eligible persons in connection with the offering, subject to the policies of the Canadian Securities Exchange.

The company, at its discretion, reserves the right to increase the size of the offering by up to $300,000 through the sale of 750,000 additional units for an aggregate offering not exceeding $2.7-million.

"We appreciate our shareholders' continued confidence," stated Patrick Elliott, president and chief executive officer. "This financing positions us to drill test a high-sulphidation system that's never been drilled and to unlock the value of Alto Ruri, Esperanza and Miscanthus."

The offering is expected to close on or before June 15, 2025, subject to customary conditions, including the receipt of all required regulatory approvals.

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 Minerals access to a comprehensive project pipeline, enabling Forte Minerals 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.