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Forrestania Secures Majority Control of Kula Gold, Eyes Near-Term Production

9:41am on Tuesday 16th of December, 2025 AEDT 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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