Forte Group to Convert Debt to Shares and Adjust Marketing Strategy

Forte Group Holdings Inc., a lifestyle and wellness company, has announced plans to convert debts totaling $546,695 into 1,457,852 common shares priced at $0.375 each. This "Shares for Debt Arrangement" aims to strengthen the financial position of the company. The closure of this arrangement is expected around April 16, 2025, adhering to Canadian Securities Exchange policies. The issued shares will carry a restriction period of four months and one day.

Additionally, Forte Group has decided to discontinue its previous marketing agreement with Aktiencheck.de AG. This agreement, intended for European investor awareness, was pegged at approximately CAD $73,890. The company has managed to assign 50% of this agreement to two third parties, receiving CAD $38,685 in return.

These strategic decisions, though forward-looking, involve uncertainties such as market fluctuations and regulatory approvals. Forte Group remains committed to improving its financial stance while discontinuing the marketing project that showed no active progress.