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How Forrestania’s $8.6M Placement Fuels Ambitious Gold Exploration Plans

12:38am on Saturday 30th of August, 2025 AEST 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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