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Forrestania Completes A$300 Million Edna May Acquisition
2:52pm on Friday 4th of September, 2026 AEST
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Mining
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Forrestania Completes A$300 Million Edna May Acquisition
2:52pm on Friday 4th of September, 2026 AEST
Key Points
Edna May acquisition valued at A$300 million
Payment split: A$210 million cash plus 225 million shares
Tranche 2 of A$310 million placement raises A$215 million
Dual processing hubs target over six million tonnes per annum
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Forrestania Resources (ASX:FRS)
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