middle.news

Forrestania and Zenith formalise revised takeover terms with detailed deed

10:20am on Tuesday 18th of August, 2026 AEST Mining
Read Story

Forrestania and Zenith formalise revised takeover terms with detailed deed

10:20am on Tuesday 18th of August, 2026 AEST
Key Points
  • Takeover bid amended and restated on 18 August 2026
  • Offer set at 1 Forrestania share per 4.3 Zenith shares
  • Board reshuffle planned upon effective control
  • Break fee of A$750,000 and reverse break fee of A$625,000 agreed
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Forrestania Resources (ASX:FRS)
OPEN ARTICLE