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How Forrestania’s $8.6M Placement Fuels Ambitious Gold Exploration Plans
12:38am on Saturday 30th of August, 2025 AEST
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Mining
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How Forrestania’s $8.6M Placement Fuels Ambitious Gold Exploration Plans
12:38am on Saturday 30th of August, 2025 AEST
Key Points
Placement of 42 million shares at $0.205 each
Funds raised total $8.61 million before costs
Placement price at 21.7% premium to 10-day VWAP
Proceeds earmarked for drilling and resource upgrades
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Forrestania Resources (ASX:FRS)
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