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Forrestania Secures 19.9% Stake in OzAurum to Boost Eastern Goldfields Play

8:30am on Friday 30th of January, 2026 AEDT Mining
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Forrestania Secures 19.9% Stake in OzAurum to Boost Eastern Goldfields Play

8:30am on Friday 30th of January, 2026 AEDT
Key Points
  • Forrestania acquires 19.9% of OzAurum via a $4.1 million share placement
  • Placement involves 56.9 million shares at $0.072 each, reflecting recent market pricing
  • Investment aligns with Forrestania’s strategy to expand gold assets in Western Australia
  • OzAurum advancing heap leach development at James Stage 1 Open Pit, Mulgabbie North
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