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Forrestania updates Zenith Minerals takeover offer

Forrestania updates Zenith Minerals takeover offer

Forrestania Resources said it held a relevant interest in 58.61% of Zenith Minerals shares on issue. The company said it intends to take the steps required to declare the bid unconditional when able, after which it expects to begin issuing Forrestania shares to accepting Zenith shareholders within 14 days.

The company said corrective disclosure relating to a historical substantial holder notice and a corrective supplementary bidder's statement were lodged with relevant authorities and announced to ASX on 13 October 2026, following Takeovers Panel orders issued on 17 September 2026.

Forrestania describes itself as an Australian gold development and emerging production company focused on processing hubs at Edna May and Lake Johnston in Western Australia. It said it is preparing to commence gold production at Edna May and is establishing a second processing hub at Lake Johnston.

Source: Download FRS official ASX announcement, 2026-10-14.

Forrestania regional location map from Forrestania Resources' company announcement dated 14 October 2026.