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Forrestania Raises A$310 Million to Acquire Edna May Gold Hub
10:42am on Wednesday 1st of July, 2026 AEST
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Mining
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Forrestania Raises A$310 Million to Acquire Edna May Gold Hub
10:42am on Wednesday 1st of July, 2026 AEST
Key Points
A$310 million equity raise at $0.40 per share
Acquisition of Edna May Gold Hub for A$300 million
Edna May mill restart targeted for H1 2027
Ramelius to hold 9.6% in Forrestania post-deal
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Forrestania Resources (ASX:FRS)
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