Forte Group Holdings Inc. Announces Non-Brokered Private Placement Financing
Vancouver, British Columbia / ACCESS Newswire / January 24, 2025 / Forte Group Holdings Inc. (CSE:FGH) (OTC:FGHFF) (FSE:7BC0, WKN:A40L1Z) (“Forte Group” or the “Company”), a diversified lifestyle and wellness consumer packaged goods company, has announced a non-brokered private placement financing (the “Private Placement”). The Private Placement will consist of the issuance of an aggregate of 625,000 common shares of the Company (the “Shares”) at a price of $0.60 per Share, resulting in aggregate gross proceeds of up to $375,000.
This news marks a significant development for Forte Group as it seeks to strengthen its financial position and support its growth initiatives in the lifestyle and wellness consumer packaged goods sector. The Shares issued in the Private Placement will be subject to a statutory hold period expiring four months and one day from the date of issuance.
Impact on Individuals
Individuals interested in the lifestyle and wellness consumer packaged goods industry may find opportunities for investment in Forte Group Holdings Inc. through the Private Placement. By participating in the financing, individuals can support the Company’s expansion plans and potentially benefit from its growth in the sector.
Impact on the World
The announcement of Forte Group’s non-brokered private placement financing reflects the Company’s commitment to enhancing its presence in the lifestyle and wellness consumer packaged goods market. This move may contribute to the overall growth and development of the sector, driving innovation and providing consumers with a wider range of products and services.
Conclusion
Forte Group Holdings Inc.’s decision to pursue a non-brokered private placement financing demonstrates its dedication to advancing its business objectives and expanding its footprint in the lifestyle and wellness consumer packaged goods industry. As the Company moves forward with this financing opportunity, it sets the stage for potential growth and innovation in the market, benefiting both individuals and the global community.
