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Why Is Forrestania Offering a 41% Premium for Kula Gold?
8:33am on Tuesday 14th of October, 2025 AEDT
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Why Is Forrestania Offering a 41% Premium for Kula Gold?
8:33am on Tuesday 14th of October, 2025 AEDT
Key Points
Conditional script takeover bid at 1 Forrestania share per 5.6 Kula Gold shares
41% premium to Kula Gold’s recent trading price
Kula Gold board unanimously recommends acceptance absent superior offer
Bid Implementation Agreement includes exclusivity and option treatment
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