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Forrestania Resources to acquire Edna May Gold Project
RECENTLY ACQUIREDJul 28, 2026•12 days ago
Acquiring Company
Forrestania Resources
Acquired Company
Forrestania Resources
PerthPerthMiningMineralMiningMineral
Description
Forrestania Resources has executed a binding agreement to acquire the Edna May Gold Project from Ramelius Resources for $300 million. This acquisition is part of Forrestania's strategy to transition into a mid-tier gold producer. The company also lodged an off-market scrip takeover bid for Zenith Minerals during this period.
Company Information
Company
Forrestania Resources
Location
Perth, Western Australia, Australia
About
Forrestania Resources is a mineral exploration company focused on developing mining projects in Australia. They aim to advance their current projects and discover new resources. The company has a strong commitment to sustainable practices and community engagement. Their portfolio includes several promising mining sites.