Forte Energy NL Drawdown on Convertible Note

 
TIDMFTE 
 
Drawdown on Convertible Note 
                                                                                           Forte Energy NL 
                                                                                           ACN 009 087 852 
 
                                                                                               AIM Release 
                                                                                             11 March 2016 
 
Drawdown on Convertible Note 
 
Forte  Energy NL ("Forte" or "the Company") (AIM: FTE), advises that it has today drawn down GBP25,000  under 
the convertible loan facility with DJ Family Trust ("DJFT") which was revised on 19 February 2016. 
 
Under the revised agreement, the total funds available under the facility is GBP500,000. Today's drawdown  of 
GBP25,000  brings the total amount drawn down so far to GBP100,000, leaving a balance of GBP400,000 available  for 
future drawdowns. 
 
The  Company is continuing work with its advisors to finalise a notice of meeting for shareholders and  the 
AIM admission document for the proposed reverse takeover by BOS GLOBAL Limited ("BGL"). 
 
BGL  is  an  unlisted Australian public company focused on the aggregation of cloud technology  investments 
targeting  banks,  financial  institutions, insurers and professional  consulting  organisations.  BGL  has 
extensive  FinTech  experience with its established network of professional investment,  enterprise  sales, 
product  marketing,  product  design,  software development and support  capabilities  worldwide.  BGL  has 
publicly  stated  its  objective to be a listed organisation in UK, Australia and United  States  over  the 
coming  five years. This transaction is the first step to achieving its stated goals for shareholders.  For 
further corporate information about BGL visit www.bosglobal.biz . 
 
For further information contact: 
 
Mark Reilly, Managing Director 
Forte Energy NL                          Tel: [phone] 
 
Oliver Morse 
RFC Ambrian Ltd                          Tel: [phone] 
(AIM Nominated Adviser to the Company) 
 
 
Forte Energy NL 
 
Suite 3, Level 3 
1292 Hay Street 
West Perth WA 6005 
Ph: [phone] 
Fax: [phone] 
Email: [e-mail] 
Web: www.forteenergy.com.au 
 
 
Forte Energy NL 
 

(END) Dow Jones Newswires

March 11, 2016 09:12 ET (14:12 GMT)