middle.news

Forrestania Resources Secures $360K to Boost Bonnie Vale Gold Drilling

8:38am on Monday 2nd of June, 2025 AEST Mining
Read Story

Forrestania Resources Secures $360K to Boost Bonnie Vale Gold Drilling

8:38am on Monday 2nd of June, 2025 AEST
Key Points
  • Non-brokered placement of 36 million shares at 1 cent each raises $360,000
  • Ultra Capital CEO Daniel Raihani to acquire a 7% stake in Forrestania Resources
  • Funds earmarked for follow-up drilling at Ada Ann prospect within Bonnie Vale Gold Project
  • Directors committed to $50,000 participation, subject to shareholder approval
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about FORRESTANIA RESOURCES (ASX:FRS)
OPEN ARTICLE