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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
Acquisition of Edna May Gold Project for A$300 million
Payment split between A$210 million cash and 225 million shares
Completion of A$310 million placement raising A$215 million
Establishes dual processing hubs at Edna May and Lake Johnston
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Ramelius Resources (ASX:RMS)
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