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Forrestania Resources Limited (ASX:FRS)

ALERT: Price-sensitive ASX Announcement for FRS
Current share price for FRS : $0.395 -0.01 (-2.47%)+
Announcement
Release
7 Jul 2026 5:53PM
Price at Release
$0.405
Full Release
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Summary
Forrestania Resources Limited announced an extension of the bid period for its off-market takeover offer for Zenith Minerals Limited. Originally set to close on 16 June 2026, the offer period has been extended to 31 July 2026. This extension involves substituting the date '17 July 2026' with '31 July 2026' in all relevant documents. The company also noted that the status update for defeating conditions outlined in the Bidder's Statement would now be due by 24 July 2026. As of the announcement date, none of the defeating conditions had been met. This extension and notice were authorized by Forrestania's board and lodged with the Australian Securities and Investments Commission (ASIC) on the same day.
Key Points
  • Extension of bid period from 16 June 2026 to 31 July 2026.
  • Substitution of '17 July 2026' with '31 July 2026' in documents.
  • New status notice date for defeating conditions is 24 July 2026.
  • None of the defeating conditions have been fulfilled as of the notice date.
  • Notice authorized by Forrestania's board and lodged with ASIC.
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.