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Forrestania Advances Takeover Bid for Kula Gold with Unanimous Board Backing
8:33am on Friday 5th of December, 2025 AEDT
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Forrestania Advances Takeover Bid for Kula Gold with Unanimous Board Backing
8:33am on Friday 5th of December, 2025 AEDT
Key Points
Replacement bidder's statement lodged for Kula Gold takeover
Offer ratio – 1 Forrestania share per 5.6 Kula shares
Kula directors unanimously recommend acceptance absent superior proposal
Minimum 50% acceptance condition and regulatory approvals required
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