Sydney Morning Herald
AsiaPac · 4 hrs ago
✦ 78✓ Factual
Forrestania swoops on Zenith in $93M WA gold growth play
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Quality 78/100
Partisan intensity 15/100
ObjectivePartisan
Low partisan intensity — consistent with factual reporting✓ Fair headline
Forrestania Resources has agreed to acquire Zenith Minerals for $93.5 million in a scrip deal to consolidate gold assets in Western Australia's Forrestania Belt.
Forrestania swoops on Zenith in $93M WA gold growth play
Zenith Minerals has agreed to a $93.5m off-market scrip takeover by Forrestania Resources to consolidate the gold-rich Forrestania Belt in WA.
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