Forrestania Resources hits over 4-year high on new tenement package in Western Australia
16/01/2026 02:06
** Shares of Australia's Forrestania Resources FRS.AX rise as much as 6.3% to A$0.505, their highest level since November 8, 2021 ** The gold explorer set for a seventh consecutive day of gains, if current trend holds ** Forrestania to buy new tenement package near co's Coolgardie hub in Western Australia from Christopher Alan De Courcy Ryder and Lloyd George Holdings ** Deal for A$2.5 million ($1.67 million) in Forrestania shares, among others ** Stock up more than 20-fold in 2025 ($1 = 1.4928 Australian dollars) (Reporting by John Biju in Bengaluru) ((John.Biju@thomsonreuters.com;))
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