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FRS — Forrestania Resources News Story

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Brief: Forrestania Resources Announces Acquisition Of Lake Johnston & A$34M Placement

Nov 18 (Reuters) - Forrestania Resources Ltd FRS.AX:

ACQUISITION OF LAKE JOHNSTON & A$34M PLACEMENT

SIGNS AGREEMENT TO BUY LAKE JOHNSTON PROJECT FROM POSEIDON NICKEL

TOTAL CONSIDERATION LAKE JOHNSTON PROJECT FOR A$35 MILLION

PLACEMENT AT A$0.175 PER SHARE

Further company coverage: FRS.AX

 ((Reuters.Briefs@thomsonreuters.com;))

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