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Re: mrgoodtrade post# 515

Wednesday, 04/12/2017 1:05:27 PM

Wednesday, April 12, 2017 1:05:27 PM

Post# of 2645
Fortem Resources Inc. Acquires 20 Sections (12,960 Acres) of Oil and Gas Leases in Northern Alberta

As shares are basically currency. In the transaction to acquire 100% of these properties... three different companies... have sold their interest in their oil and gas properties for $2.00 per share.

Blue Phoenix Energy, LLC (41.7% interest)

Pacific Petroleum, LLC (41.7% interest)

and Grassy Butte, LLC (16.7 % interest)

have valued their interest in a proven oil and gas property at 44 million shares at the price of $2 per share or $88 Million total.

By my count... this means we presently have around 81 million shares outstanding and we are now able to develop or farm out the development of this property into revenue and income.

AND NOTICE this is NOT A LETTER OF AGREEMENT... this acquisition has been completed on the day the agreement was announced.

Go FTMR!!!

Whose next? Time will tell. No doubt early acquisitions stand to benefit the most from share appreciation values.


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