Brief: Forrestania Announces Co And Zenith Minerals Agree Recommended Takeover
09/06/2026 02:23
BRIEF-Forrestania Announces Co And Zenith Minerals Agree Recommended Takeover June 9 (Reuters) - Forrestania Resources Ltd FRS.AX:
FORRESTANIA AND ZENITH MINERALS AGREE RECOMMENDED TAKEOVER
ZENITH SHAREHOLDERS TO RECEIVE 1 FORRESTANIA SHARE FOR EVERY 4.3 ZENITH SHARES
IMPLIED OFFER VALUE OF A$0.13 PER ZENITH SHARE, 46.7% PREMIUM TO LAST CLOSE
OFFER CONSIDERATION VALUES ZENITH AT APPROXIMATELY A$93.5 MILLION
Further company coverage: FRS.AX
((Reuters.Briefs@thomsonreuters.com;))
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