Forrestania locks in $310M to fuel dual WA gold hub strategy (australia) — SMH
SMH ·australia ·2 hours ago

Forrestania locks in $310M to fuel dual WA gold hub strategy

Forrestania Resources secured $310 million in funding on July 8 to accelerate its gold hub strategy in Western Australia. The company issued 775 million shares at 40 cents each, enabling it to enhance its processing capacity by acquiring the Edna May plant. This acquisition positions Forrestania as a significant player in the regional gold development landscape.

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Published 01 Jul 2026, 07:03 UTC · Updated 01 Jul 2026, 07:10 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections