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RandyKCMO

05/26/20 6:35 PM

#2378 RE: RandyKCMO #2377

It seems to me that the CTO has handicapped Fortem Resources from making the progress they would have had everything gone according to plan.

Despite being hindered on several levels, today's update shows us some of the progress that has been made.

They negotiated and if I'm reading this correctly, they have pretty well laid the groundwork to own 100% of the production from their properties in Utah and New Mexico. They will pay the cash portion of their purchases with a percentage of the finances they hope to raise to develop their assets.

ALSO referenced is the continued progress to provide fully audited finances for the current fiscal year.