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Re: None

Tuesday, 04/09/2019 5:13:15 PM

Tuesday, April 09, 2019 5:13:15 PM

Post# of 2645
So far as I know everything is moving forward as ever before. The company and in particular our CEO and Chairman have pretty well dedicated their lives the last couple of years making this company a success.

We heard last December 12 that the company has applied for a listing of their stock NASDAQ Capital Market. As with the TSX listing, there are fairly extensive requirements. I'm fairly confident that as a developmental company, our deficiency is in the area of capital resources.

We need someone to come through and capitalize the company. Without proper financing, we won't be able to uplist to NASDAQ and more importantly, we won't be able to execute our Business Plan.

The company website has moved its Phase 1and Phase 2 business plan to their front page.

http://www.fortemresources.com/

With a Company Presentation of their Business Plan:

http://www.fortemresources.com/wp-content/uploads/2019/03/Feb-2019-Corporate-Presentation-Fortem-Resources_v3.pdf

The company believes that with capitalization (financing) they will be able to generate hundreds of millions (billions cummulatively) of dollars in revenue... the most lucrative is the Godin Formation in Alberta which they project will generate the bulk of their revenue.

Capital Costs Operating Costs Total Revenues EBITDA
GODIN $170,100,000 $1,366,525,000 $1,857,950,000 $491,425,000
COMPEER $9,465,975 $8,087,250 $14,171,925 $6,084,675
MOENKOPI $26,970,000 $25,700,000 $51,900,000 $26,200,000
MANCOS $5,441,500 $6,964,700 $8,660,100 $1,695,400
Total $211,977,475 $1,407,276,950 $1,932,682,025 $525,405,075


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