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Forrestania Resources Launches Takeover Bid for Kula Gold

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Forrestania Resources Launches Takeover Bid for Kula Gold

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An update from Forrestania Resources Limited ( (AU:FRS) ) is now available.

Forrestania Resources Limited has announced an off-market takeover bid to acquire all ordinary shares of Kula Gold Limited that it does not already own. The bidder’s statement has been lodged with the Australian Securities and Investments Commission and served on Kula Gold, marking a significant move in Forrestania’s strategic expansion efforts.

More about Forrestania Resources Limited

Average Trading Volume: 1,542,903

Technical Sentiment Signal: Buy

Current Market Cap: A$137.1M

For an in-depth examination of FRS stock, go to TipRanks’ Overview page.

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