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Zenith Minerals Board Unanimously Backs Forrestania Takeover at Nearly 80% Premium

6:53pm on Tuesday 9th of June, 2026 AEST Mining
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Zenith Minerals Board Unanimously Backs Forrestania Takeover at Nearly 80% Premium

6:53pm on Tuesday 9th of June, 2026 AEST
Key Points
  • Takeover offer values Zenith shares at 13.2 cents each
  • 78.6% premium to Zenith’s 30-day VWAP prior to offer
  • Zenith directors unanimously recommend acceptance
  • Offer consideration: 1 Forrestania share per 4.3 Zenith shares
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