FRS
Director Trades
| Date | Director | Value |
|---|---|---|
| W. Higgins | $15,000 | |
| J. Hannaford | $30,000 | |
| D. Izzard | $30,000 | |
| J. Hannaford | $2,750 | |
| D. Raihani | $36,310 | |
| J. Hannaford | $6,644 | |
| D. Raihani | $7,500 | |
| J. Hannaford | $10,334 | |
| J. Hannaford | $17,730 | |
| J. Hannaford | $20,000 | |
| W. Higgins | $20,000 | |
| D. Raihani | $70,090 | |
| D. Geraghty | $10,500 |
Company News
Askari Metals Turns Focus to African Projects after Finalising Sale of Gold Subsidiary
Askari Metals (ASX: AS2) has completed the $700,000 sale of its Australian subsidiary First Western Gold (FWG) to Forrestania Resources (ASX: FRS). The deal, which the two companies announced in mid-September, aligns with Askari’s strategy of focusing on its large African exploration projects. The divestment of seven exploration licenses and an exploration license application – including the […]
Forrestania Resources Looking to Acquire Kula Gold in $58.9 Million Scrip Deal
Forrestania Resources (ASX: FRS) has agreed to acquire Kula Gold (ASX: KGD) in a scrip only offer that values the Western Australian minerals explorer at approximately $58.9 million. Under the terms of the takeover, Forrestania is offering one of its fully paid ordinary shares for every 5.6 shares in Kula, of which it currently owns 12.56%. The implied […]
Askari Metals Raises Funds for African Exploration with Sale of Australian Gold Assets to Forrestania
Askari Metals (ASX: AS2) has added $700,000 to its African exploration funds with the sale of Australian subsidiary First Western Gold to Forrestania Resources (ASX: FRS). The company will receive $250,000 in cash, along with tradable shares currently valued at $450,000, from Forrestania in exchange for seven exploration licenses and one exploration license application in […]
Forrestania Resources expands high-grade gold footprint at Bonnie Vale’s Ada Ann prospect
Forrestania Resources (ASX: FRS) has successfully expanded the known mineralisation at the Ada Ann prospect within its Bonnie Vale project located in Western Australia’s prolific Eastern Goldfields district. The company has now received 1-metre results from the second phase of drilling at Ada Ann, which have returned consistent geological structures. The results have helped extend […]
Market wrap: late market rally not enough to erase midweek losses
A late rally on Friday wasn’t enough for the Australian share market to recover from ground lost earlier in the week. Despite climbing 0.96% or 73.5 points on Friday, the ASX 200 gave up 0.42% for the week. Inflation still high Australia’s annual consumer inflation rate accelerated to 3.6% in April 2024, its highest level […]
Forrestania Resources eyes strategic iron ore acquisition adjacent Mineral Resources’ Koolyanobbing operations
Forrestania Resources (ASX: FRS) has entered into an option agreement to acquire a prospective iron ore asset adjacent to Mineral Resources’ (ASX: MIN) Koolyanobbing iron ore operations in the rich Yilgarn region of Western Australia. Under the option agreement, Forrestania can acquire 100% of the issued shares in Netley Minerals, the holder of one exploration […]
Market wrap: share market searching for a new theory as interest rate cuts evaporate
Investors are scrambling around looking for a new investment thesis after the long-awaited prospect of global official interest rate cuts continued to fade out of view. A combination of stubbornly resurgent inflation in the United States, the potentially worsening war in the Middle East and the prospect of a US election campaign all contributed to […]
Forrestania Resources reports assays of up to 49g/t from Eastern Goldfields project
Forrestania Resources (ASX: FRS) has reported gold samples of up to 49 grams per tonne from field work at the Ada Ann and Bonnie Vale North prospects within its Eastern Goldfields project in Western Australia. The company completed multiple field and site visits to each prospect and spent a significant amount of time collating and […]
Forrestania Resources intersects thick pegmatites in maiden drilling at Calypso target
Perth-based Forrestania Resources (ASX: FRS) has intersected multiple thick pegmatites in a maiden drilling program at the Calypso target within its flagship Forrestania project in the southern Yilgarn region of Western Australia. The company completed 14 reverse circulation holes for 1968 metres to define the extent of the stacked pegmatites which were first identified in […]
Company Videos
No videos found.