Fortem Resources is pleased to announce that on December 15, 2017 one of its investors exercised share purchase warrants pursuant to which 800,000 common shares were purchased at an exercise price of $0.60 per common share for gross proceeds of $480,000.
Fortem Resources is pleased to announce that is has issued 7,760 shares of common stock of the Company, at a deemed price of US$2.00 per share, based on the Bank of Canada's Daily Exchange Rate on December 19, 2017 of C$1.2886:US$1, in settlement of certain cash obligations in the amount of C$20,000. None of the securities issued have been [...]
Fortem Resources is pleased to announce that it has issued 400,000 common shares in consideration to a finder in payment of a finder's fee due pursuant to a finder's fee agreement dated December 11, 2017. None of the securities issued have been registered under the United States Securities Act of 1933, as amended, and none of them may be offered or [...]
Fortem Resources is pleased to announce that is has issued 30,000 shares of common stock of the Company, at a deemed price of US$2.00 per share, in settlement of certain cash obligations arising out of a property acquisition agreement for the Godin Property, Alberta in the amount of US$60,000. None of the securities issued have been registered [...]
Fortem Resources is pleased to announce that it has closed a private placement of 250,000 common shares at a price of US$2.00 per Share for gross proceeds of US$500,000. None of the securities issued have been registered under the United States Securities Act of 1933, as amended, and none of them may be offered or sold in the United States absent [...]
Fortem Resourcesis pleased to announce that it has entered into an engagement letter dated September 6, 2017 with Mackie Research Capital, whereby Mackie has agreed to act as sole agent in connection with a brokered private placement financing of a minimum of 750,000 common shares of the Company and a maximum of 2,250,000 Shares to raise minimum [...]
Fortem Resources would like to share some exciting news about a recent discovery made by BP plc in the Mancos shale play. The San Juan Basin, like the Uinta Basin, produces gas from the Mancos shale, which occurs from the center of the basin and transitions into oil around the rims of the basin. Similar to the Company's Mancos area, the oil prone [...]
Fortem Resources is pleased to announce that it has indirectly acquired through Rolling Rock Resources, LLC, a wholly-owned subsidiary, an undivided 75% interest in additional oil and gas leases in the Mancos formation covering a total of 2,313.09 acres. The leases were acquired at a SITLA auction. Pursuant to an agreement entered into with Rockies [...]
Fortem Resources is pleased to announce that it has entered into two amending agreements which have the effect of postponing certain payments relating to its Utah property interests until December 31, 2018 while providing for the flexibility of earlier payments in the discretion of the Company. In consideration for the postponement of such [...]
Fortem Resources is pleased to announce that the Company appointed Marc A. Bruner as the Chairman, President, Chief Executive Officer and a director of the Company on July 17, 2017. Michael Caetano agreed to vacate such executive positions to permit the appointment of Mr. Bruner and has transitioned into his new role as Chief Operating Officer of [...]
Fortem Resources is pleased to announce that on May 17, 2017, it acquired 100% of the membership interest in City of Gold, a Nevada limited liability company, from two Nevada limited liability companies - MAB Resources Holdings LLC and JM Magna Holdings LLC, pursuant to a Membership Interest Purchase Agreement dated as of May 17, 2017. The [...]
Fortem Resources is pleased to announce that on April 17, 2017, it entered into and closed a Membership Interest Purchase Agreement with two arm's length vendors to acquire 100% the membership interests of Rolling Rock Resources, LLC, a Nevada limited liability company. Rolling Rock has the right to acquire a 50% working interest in and to certain [...]