Australia's Forrestania Resouces rises on buying remaining stake in Kula Gold
14/10/2025 04:32
** Shares of Forrestania Resources FRS.AX rise as much as 14.3% to A$0.28, their biggest intraday pct rise since September 23; stock last up 10.2% ** Gold explorer to make an off-market takeover offer to acquire the remaining stake in Kula Gold KGD.AX ** Consideration of 1 FRS shares for every 5.6 KGD share held ** Shares of Kula Gold fall as much as 13.6% to A$0.038, stock last down 4.6% ** Stock is up 18.8 times YTD, including the session's moves (Reporting by Anjali Singh in Bengaluru) ((anjali.singh2@thomsonreuters.com;))
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