Second Supplementary Bidder's Statement
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| Stock | Forrestania Resources Ltd (FRS.ASX) |
|---|---|
| Release Time | 18 Aug 2026, 1:42 p.m. |
| Price Sensitive | Yes |
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Forrestania Extends Zenith Minerals Offer
Key Points
- Forrestania extends offer for Zenith Minerals due to delays
- Offer now closes on 31 August 2026
- Forrestania aims to acquire 100% of Zenith Shares
- Updated pro forma financials provided
Full Summary
Forrestania Resources Limited has extended its off-market takeover offer for Zenith Minerals Limited. The offer, initially set to close prior to the current date, has been extended due to delays and is now scheduled to close at 5:00pm (AWST) on 31 August 2026, unless extended or withdrawn. Forrestania encourages Zenith Shareholders to accept the offer and refrain from exercising withdrawal rights. The company has also provided updated pro forma financial information to account for the new closing date. The offer is part of Forrestania's strategy to acquire 100% of Zenith Shares.
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