|Bid||0.1000 x 0|
|Ask||2.1300 x 0|
|Day's Range||2.1000 - 2.1000|
|52 Week Range||1.5000 - 2.9500|
|Beta (5Y Monthly)||1.52|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
OTCQB: FTMR) (the “Company” or “Fortem”) writes to provide its shareholders with the following corporate update. On July 16, 2019, the Alberta Securities Commission (the “Commission”) issued a failure-to-file cease trade order (“FFCTO”) against the Company in connection with the delay in filing its audited annual financial statements for the year ended February 28, 2019, the related management’s discussion and analysis and certificates of its CEO and CFO (collectively, the “Annual Filings”) with Canadian securities regulators beyond the June 2018 and also beyond the extension deadline of July 14, 2019 granted pursuant to the management cease trade order issued by the Commission on July 4, 2019. As a result of the FFCTO, on July 17, 2019 the TSX Venture Exchange (the “Exchange”) suspended trading of the Company’s securities on the Exchange.
OTCQB: FTMR) (the "Company" or "Fortem") is pleased to announce the signing of a non-binding term sheet (the "Term Sheet") with an arm's length party (the "Farmee"), pursuant to which the Company has agreed to farm-out a portion of its working interest in the Mancos formation located in Grand County, Utah (the "Property"), held through its wholly-owned subsidiary Rolling Rock Resources, LLC ("Rolling Rock") and to establish a joint venture therewith (the "Joint Venture"), subject to the entry of a definitive transaction agreement (the "Definitive Agreement").
OTCQB:FTMR) (the "Company" or "Fortem") is pleased to announce the extension of the proposed closing date of the Asset Sale Agreement with a major Canadian oil and gas company to purchase a 100% working interest in three oil leases covering a total of 20,719 hectares (51,200 acres) of heavy oil in north central Alberta (the "Transaction") has been extended by the parties to a date on or before November 19, 2019. For more information on the Transaction, please see the Company's October 1, 2018, December 19, 2018 and May 30, 2019 new releases. Fortem Resources Inc. is a Nevada oil and gas corporation, which holds properties in Alberta and Utah.
OTCQB: FTMR) (the “Company” or “Fortem”) announces that, effective July 2, 2019, Sandra Perry has resigned as a director of the Company. The Company would like to thank Ms. Perry for her service and dedication to the Company and its shareholders. As a result of Ms. Perry’s resignation, both the Company’s audit committee (the “Audit Committee”) and compensation committee (the “Compensation Committee”) will be recomposed such that the Audit Committee will consist of William Via, Konstantine Vatskalis, and Brett Matich and the Compensation Committee will consist of William Via and Konstantine Vatskalis.
OTCQB: FTMR) (the "Company" or "Fortem") announces that it has terminated its previously announced investor relations agreement with Oilprice.com ("Oilprice"), a division of Advanced Media Solutions Limited, effective immediately. The Company also announces that, subject to approval from the TSX Venture Exchange (the "TSXV"), it has agreed to engage AMW Public Relations Inc. ("AMW") and Atlanta Capital Partners, LLC (" Atlanta Capital", and together with AMW, the "Consultants") to provide certain investor relations and consulting services to the Company (collectively, the "Services") pursuant to consulting agreements dated June 13, 2019 between the Company and each of the Consultants.
Fortem Resources Announces Amendments to Utah Property Purchase Agreements to Extend Payment Obligations and Acquire Additional Interest In Mancos Formation
OTCQB: FTMR) (the "Company") is pleased to announce that it is in the process of commencing field operations through its wholly owned subsidiary Colony Energy, LLC ("Colony") at its Godin Property in north central Alberta. Colony has the rights to an undivided 100 percent working interest in a total of 80 contiguous sections (51,200 acres) in addition to its 20 contiguous sections (12,800 acres) of heavy oil leases (the "Heavy Oil Leases") in north central Alberta.
OTCQB: FTMR) (the ''Company'' or ''Fortem'') announces that it has retained Paradox Public Relations Inc. (''Paradox'') to provide investor relations services to the Company. The agreement with Paradox is for an indefinite term. Paradox will be paid a sum of CDN$5,000 plus applicable taxes for the first two months of the agreement and a monthly fee of CDN$500 plus applicable taxes thereafter.