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Forrestania and Zenith formalise revised takeover terms with detailed deed
10:20am on Tuesday 18th of August, 2026 AEST
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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
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Forrestania Resources (ASX:FRS)
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