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Sale of Millenium Copper Project

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FORTE ENERGY NL
ACN 009 087 852
ASX CODE: FTE, AIM CODE: FTE
Telephone: +618 9322 4071, Fax: +618 9322 4073

ASX and AIM Release
18 August 2009

Option Agreement for Sale of Millenium Copper Project
__________________________________________________________________________________

Forte Energy NL ("Forte Energy" or "The Company") (ASX: FTE, AIM: FTE) is pleased to announce that it has
entered into an Option Agreement with Element Minerals Australia Pty Ltd ("Element") for the sale of the
Millenium Copper Project in Queensland, Australia.

Under the terms of the agreement, Element will pay A$20,000 to Forte Energy for a six-month option to
acquire the mining leases of the Millenium Copper Project, with an option to extend the agreement for a
further six months for an additional A$20,000. The exercise price under the agreement is for a cash
payment of A$20,000 (during the first option period) and, at Element's discretion, either ASX-listed
shares to the value of A$160,000 in Element (subject to admission to ASX) or its parent company, Orocobre
Ltd (ASX: ORE) or an additional cash payment of A$160,000.

This agreement reinforces Forte Energy's strategy of concentrating on 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/Ed Portman Tel: +44 (0) 207 429 6603

Stuart Laing
RFC Corporate Finance Ltd Tel: +618 9480 2506
(AIM Nominated Adviser to the Company)

 

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