GlobeTrotters Resource Group Inc. Announces Filing of Updated Early Warning Report

On September 15, 2025, GlobeTrotters Resource Group Inc. announced the disposal of 1,428,000 common shares of Forte Minerals Corp. in a market sale on the TSX Venture Exchange. Prior to this transaction, GlobeTrotters held a total of 6,298,333 shares, accounting for approximately 9.59% of Forte's issued and outstanding shares on a non-diluted basis. Following the sale, GlobeTrotters' holdings decreased to 4,870,333 shares, which now represents about 7.42% of the total shares.

The shares were sold at an approximate price of $0.75 each, demonstrating GlobeTrotters’ ongoing strategy to manage its investment portfolio actively in response to market conditions. The company clarified that all securities held in Forte, including the remaining shares and any warrants, are intended for investment purposes, underscoring a focus on strategic investments within the resource sector.

GlobeTrotters mentioned that future actions regarding its holdings in Forte will depend on prevailing market conditions. This could involve purchasing additional shares, engaging in corporate transactions like mergers or restructurings, or potentially divesting from their current holdings through various methods, such as market sales or private negotiations.

For transparency, an early warning report detailing this share disposition will be accessible on SEDAR+ under Forte’s profile. Interested parties can also contact GlobeTrotters directly for more information. The company’s head office is located in Maple Ridge, British Columbia. Notably, the TSX Venture Exchange and its Regulation Services Provider disclaim any responsibility for the accuracy of this release. For further details, the source press release can be found at Newsfile Corp.

On September 15, 2025, GlobeTrotters Resource Group Inc. announced a significant transaction involving the sale of 1,428,000 common shares of Forte Minerals Corp. at approximately $0.75 per share. This disposition reduced GlobeTrotters' ownership stake from approximately 9.59% to 7.42% of Forte's issued and outstanding shares, a notable decline that could have multifaceted implications for both companies involved.

For investors in Forte Minerals, the sale by a major shareholder warrants attention. Such a marked decrease in ownership by GlobeTrotters may raise questions about the long-term confidence in Forte’s growth prospects. Market dynamics often react to shifts in shareholder composition, and investors might interpret this move as a sign of potential undervaluation in the near term. However, it’s essential to consider that GlobeTrotters emphasized that their holdings in Forte, including remaining securities, are still primarily for investment purposes, suggesting a longer-term perspective.

Given the current market conditions, investors should analyze the context of this transaction. If GlobeTrotters intends to reinvest in Forte, possibly through market purchases or new strategic initiatives, this could signal an opportunity for current and prospective investors. Conversely, if further sales by GlobeTrotters occur, it might exert downward pressure on Forte's stock price, warranting caution among investors.

Furthermore, the potential for corporate actions, such as mergers or reorganizations involving Forte, requires scrutiny. Investors should keep abreast of upcoming announcements and management communications to gauge the company's strategic direction.

In summary, while GlobeTrotters’ share reduction might initially seem negative, it presents a complex picture that necessitates thorough analysis. Investors are advised to remain vigilant, monitor Forte’s response to market conditions, and consider their investment strategies amid this evolving landscape.