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Forrestania Secures Majority Control of Kula Gold, Eyes Near-Term Production
9:41am on Tuesday 16th of December, 2025 AEDT
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Mining
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Forrestania Secures Majority Control of Kula Gold, Eyes Near-Term Production
9:41am on Tuesday 16th of December, 2025 AEDT
Key Points
Forrestania receives over 50.1% acceptance from Kula Gold shareholders
Acquisition aligns with Forrestania’s strategy to consolidate Southern Cross and Forrestania greenstone belts
Leverages Lake Johnston processing infrastructure for potential near-term gold production
Offer remains open for remaining Kula shareholders
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FORRESTANIA RESOURCES (ASX:FRS)
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