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How Will Forrestania’s $5M MacPhersons Deal Transform Coolgardie Production?
8:28am on Monday 16th of February, 2026 AEDT
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Mining
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How Will Forrestania’s $5M MacPhersons Deal Transform Coolgardie Production?
8:28am on Monday 16th of February, 2026 AEDT
Key Points
Acquisition of 100% MacPhersons Reward Pty Ltd from Beacon Mining
$5 million cash plus 36 million shares at $0.38 each as consideration
Includes granted mining leases and licences within Coolgardie gold district
Strategic consolidation near existing processing infrastructure
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FORRESTANIA RESOURCES (ASX:FRS)
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