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Zenith takeover reaches majority control as board handover approaches
5:02pm on Monday 9th of November, 2026 AEDT
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Zenith takeover reaches majority control as board handover approaches
5:02pm on Monday 9th of November, 2026 AEDT
Key Points
Forrestania holds 63.10% of Zenith after performance-right conversions
Unconditional offer scheduled to close at 5:00pm AWST on 12 November
Three Zenith directors to resign and three Forrestania nominees to join the board
23.6 million performance rights converted into new Zenith shares
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Zenith Minerals (ASX:ZNC)
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