FRS.ASX: Supplementary Target's Statement

Supplementary Target's Statement

Stock	Forrestania Resources Ltd (FRS.ASX)
Release Time	8 Jul 2026, 8:21 a.m.
Price Sensitive	Yes

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Forrestania Resources Ltd Supplementary Target's Statement for Zenith Minerals Limited

Key Points

Zenith Minerals Limited Board unanimously recommends accepting the Takeover Offer
Forrestania's acquisition of Edna May Gold Hub and capital raising strengthen the offer
Offer provides a 4.4% premium to the last closing price of Zenith Shares
Acceptance required by 31 July 2026 to receive the Takeover Offer Consideration
No Superior Proposal has emerged as of the date of this Supplementary Target's Statement

Full Summary

Forrestania Resources Ltd has issued a supplementary target's statement for Zenith Minerals Limited, recommending shareholders accept its off-market takeover offer. The Zenith Board reaffirms its support for the offer, citing Forrestania's acquisition of the Edna May Gold Hub and successful capital raising as reasons for the recommendation. The offer provides a 4.4% premium to the last closing price of Zenith Shares. Shareholders must accept the offer before 31 July 2026 to receive the offer consideration. No superior proposal has emerged as of the date of this supplementary target's statement.