FORTE ENERGY NL
ACN 009 087 852
ASX/AIM CODE: FTE
Telephone: +618 9322 4071, Fax: +618 9322 4073
ASX, AIM and Media Release
11 December 2009
Forte Secures $2M from Maroochydore Copper Project Sale
__________________________________________________________________________________
International uranium company Forte Energy NL ("Forte Energy" or "The Company") (ASX/AIM: FTE) is pleased
to announce that it has reached agreement to sell its 50% interest (held via the Company's subsidiary
Renison Bell Ltd) in the Maroochydore Copper Project in Western Australia, to the joint venture
exploration manager and joint venture partner, Birla Maroochydore Pty Ltd a wholly owned subsidiary of
Aditya Birla Minerals Ltd (ASX: ABY).
Under the terms of the agreement, Forte Energy will receive a cash payment of A$2,000,000 and be released
from any current or future obligations under the joint venture agreement.
The agreement is subject to obtaining Ministerial consent under the mining act and completion of a formal
sale agreement, with settlement expected before the end of December 2009.
With sale agreements now in place for both its Australian copper/cobalt projects, Forte Energy will be
well resourced and able to focus its attention on and expedite the exploration of its uranium prospects in
Guinea and Mauritania, West Africa.
Mark Reilly
Managing Director
For further information contact:
Mark Reilly, Managing Director
Forte Energy N.L. Tel: +618 9322 4071
Alastair Stratton/Tim Graham
Matrix Corporate Capital LLP Tel: +44 (0) 203 206 7000
Conduit PR
Jos Simson/Emily Fenton Tel: +44 (0) 207 429 6603
Stuart Laing
RFC Corporate Finance Ltd Tel: +618 9480 2506
(AIM Nominated Adviser to the Company)
Forte Energy NL