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Foresta Group Holding Limited (ASX:FGH)

ALERT: Price-sensitive ASX Announcement for FGH
Current share price for FGH : $0.009 -0.027 (-75%)+
Announcement
Release
22 Jan 2026 5:25PM
Price at Release
$0.036
Full Release
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Summary
Foresta Group Holdings Limited reported on several key activities for the quarter ending 31 December 2025. The company transitioned its share registry management services to Boardroom Pty Ltd and executed a conditional payment agreement with the Putauaki Trust. Foresta extended its Technology License Agreement with E3 Carbon GmbH to 2027, ensuring the use of advanced torrefaction technology in Australia and New Zealand. The Kawerau Stage 1 Project saw significant progress, with Earthworks deferred to avoid winter-related risks. A feasibility study on low-carbon process heat options, including geothermal steam, is underway. Financially, the company ended the quarter with a cash balance of $5,187,107, despite a net cash outflow of $1,031,000 from operating activities.
Key Points
  • FORESTA changed its share registry management services to Boardroom Pty Ltd.
  • Executed a Conditional Payment Agreement with the Putauaki Trust for NZD$100,000 + GST.
  • Extended the Technology License Agreement with E3 Carbon GmbH until 31 December 2027.
  • Progress in the Kawerau Stage 1 Project with a deferral of Earthworks to Q3 2026.
  • Conducted a Low Carbon Process Heat Feasibility Study in collaboration with EECA.
  • Cash balance was $5,187,107 as of 31 December 2025.
  • Reported a net decrease in cash from operating activities of $1,031,000 for the quarter.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.