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Forrestania Raises $23m to Accelerate Western Australia Gold Growth
9:50am on Monday 19th of January, 2026 AEDT
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Mining
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Forrestania Raises $23m to Accelerate Western Australia Gold Growth
9:50am on Monday 19th of January, 2026 AEDT
Key Points
Tranche 2 of $32m placement completed with $18m raised
Share Purchase Plan oversubscribed, upscaled from $2m to $5m
Total funds raised to support gold production growth strategy
Recent acquisition of Lake Johnston processing infrastructure
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Forrestania Resources (ASX:FRS)
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