Forte Group Revises Terms to Strengthen Financial Position

Forte Group Holdings Inc., a Vancouver-based company focused on beverages and nutraceuticals, has announced amendments to existing financial instruments to enhance its financial position. The changes concern Convertible Debentures, Convertible Loans, and Promissory Notes.

The Convertible Debenture, initially valued at $500,000 plus interest, will now mature on December 31, 2026, with an 8% interest rate. Conversion to common shares is possible at $0.25 per unit, with warrants included for further share acquisition.

Naturo Group, a subsidiary, has also adjusted terms for $427,296.99 in Convertible Loans, allowing conversion at the same unit price. Similarly, Secured Promissory Notes will mature in December 2026, converting at $0.25 per unit.

These reforms are part of the company's effort to optimize its capital structure, as previously disclosed.