Forte Group Revises Financial Strengthening Initiatives

On July 18, 2025, Forte Group Holdings Inc., a company dealing in lifestyle and wellness consumer packaged goods, announced amendments to its financial improvement plans. This follows a press release from July 14, 2025. The company aims to fortify its financial status through a non-brokered private placement and a debt settlement initiative.

The private placement will issue 8,700,000 units at $0.05 per unit, projected to raise $435,000. Each unit comprises one common share and a warrant, allowing the purchase of an additional share at $0.065 within two years. Proceeds will address working capital and outstanding payables.

Forte also plans a debt settlement, exchanging debt for 3,360,795 units at $0.15 each. Regulatory approvals are awaited for these initiatives.