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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Forte Energy | LSE:FTE | London | Ordinary Share | AU000000FTE4 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0029 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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Drawdown on Convertible Note
Forte Energy NL
ACN 009 087 852
AIM Release
20 April 2016
Drawdown on Convertible Note
Forte Energy NL ("Forte" or "the Company") (AIM: FTE), advises that it has today drawn down a further
GBP50,000 under the convertible loan facility with DJ Family Trust ("DJFT").
Under the terms of the revised agreement announced on 19 February 2016, the total funds available under the
facility is GBP500,000. Today's drawdown of GBP50,000 brings the total amount drawn down so far to GBP150,000
leaving a balance of GBP350,000 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: +61 (0) 8 9322 4071
Oliver Morse
RFC Ambrian Ltd Tel: +61 (0) 8 9480 2500
(AIM Nominated Adviser to the Company)
Forte Energy NL
Suite 3, Level 3
1292 Hay Street
West Perth WA 6005
Ph: +61 (0)8 9322 4071
Fax: +61 (0)8 9322 4073
Email: info@forteenergy.com.au
Web: www.forteenergy.com.au
Forte Energy NL
(END) Dow Jones Newswires
April 20, 2016 02:00 ET (06:00 GMT)
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