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How Will Forrestania’s $2.5M Gibraltar Deal Transform Coolgardie Hub?
10:32am on Friday 16th of January, 2026 AEDT
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Mining
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How Will Forrestania’s $2.5M Gibraltar Deal Transform Coolgardie Hub?
10:32am on Friday 16th of January, 2026 AEDT
Key Points
Acquisition of Gibraltar’s granted mining tenements near Coolgardie
$2.5 million consideration paid in Forrestania shares based on VWAP
Contingent payments linked to JORC-compliant gold resource milestones
1% gross revenue royalty payable after 150,000 ounces mined
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