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Beacon Minerals Monetises MacPhersons Reward with $5M Sale Plus Forrestania Shares

9:08am on Monday 16th of February, 2026 AEDT Mining
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Beacon Minerals Monetises MacPhersons Reward with $5M Sale Plus Forrestania Shares

9:08am on Monday 16th of February, 2026 AEDT
Key Points
  • Sale of MacPhersons Reward Project for $5 million cash plus 36 million Forrestania shares
  • Transaction aligns with Beacon’s portfolio rationalisation strategy
  • Focus shifts to Lady Ida and other key projects north of Coolgardie
  • Completion subject to shareholder, regulatory, and third-party approvals
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