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Zenith Board Endorses Forrestania Takeover Amid $310M Capital Boost
8:21am on Wednesday 8th of July, 2026 AEST
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Mining
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Zenith Board Endorses Forrestania Takeover Amid $310M Capital Boost
8:21am on Wednesday 8th of July, 2026 AEST
Key Points
Zenith board unanimously backs Forrestania takeover offer
Offer implies 9.4 cents per Zenith share with up to 28% premium
Forrestania's $310 million capital raise strengthens acquisition capacity
Takeover offer closes 31 July 2026, no shareholder vote required
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