Forrestania Resources Limited (AU:FRS)
ASX:FRS
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Forrestania Resources Limited
(Sydney:FRS)
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Rating:46Neutral
Price Target:
AU$0.51
â–²(70.00% Upside)
Action:ReiteratedDate:04/28/26
The score is primarily held back by weak financial performance (pre-revenue, ongoing losses, and sustained negative operating/free cash flow). Technicals provide only partial support with a generally improved longer-term trend but mixed momentum indicators. Valuation is also a headwind given negative earnings (negative P/E) and no stated dividend yield.
Positive Factors
No reported debt
Having no reported debt across 2022–2025 provides durable financial flexibility for an exploration company. It reduces fixed obligations, lowers insolvency risk during drill campaigns, and makes equity or JV funding easier to negotiate without servicing pressure on cash flows.
Negative Factors
Pre-revenue operations
Remaining pre-revenue through 2021–2025 means the business has not yet demonstrated an ability to convert exploration results into operating revenue. This structural gap leaves long-term value dependent on discovery or successful farm-outs, increasing execution and financing risk.
Read all positive and negative factors
Positive Factors
Negative Factors
No reported debt
Having no reported debt across 2022–2025 provides durable financial flexibility for an exploration company. It reduces fixed obligations, lowers insolvency risk during drill campaigns, and makes equity or JV funding easier to negotiate without servicing pressure on cash flows.
Read all positive factors
Forrestania Resources Limited (FRS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$626.32M
Dividend YieldN/A
Average Volume (3M)1.46M
Price to Earnings (P/E)―
Beta (1Y)0.37
Revenue GrowthN/A
EPS Growth-20.30%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,267,190,900
10 Day Avg. Volume1,318,802
30 Day Avg. Volume1,455,797
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)2.57
Price to Sales (P/S)0.00
P/FCF Ratio-9.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.25Price Target Upside316.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Forrestania Resources Limited Business Overview & Revenue Model
Company Description
Forrestania Resources Limited engages in the exploration and development of mineral projects in Western Australia. The company primarily explores for gold, lithium, and nickel deposits. It holds interests in the Forrestania project covering an are...
How the Company Makes Money
null...
Forrestania Resources Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
20
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.66K | -3.74K | -30.92K | -70.89K | -36.63K | 0.00 |
| EBITDA | -13.58M | -881.06K | -5.90M | -1.58M | -2.08M | -203.81K |
| Net Income | -9.85M | -1.42M | -5.93M | -1.65M | -2.12M | -205.58K |
Balance Sheet | ||||||
| Total Assets | 108.41M | 7.48M | 6.29M | 10.16M | 6.99M | 217.42K |
| Cash, Cash Equivalents and Short-Term Investments | 9.15M | 920.39K | 459.04K | 2.12M | 1.59M | 22.31K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 197.64K |
| Total Liabilities | 44.70M | 461.12K | 178.38K | 805.45K | 196.09K | 365.50K |
| Stockholders Equity | 55.41M | 7.02M | 6.11M | 9.35M | 6.80M | -148.08K |
Cash Flow | ||||||
| Free Cash Flow | -2.49M | -1.82M | -1.16M | -3.87M | -3.46M | -89.19K |
| Operating Cash Flow | -1.78M | -583.99K | -1.15M | -1.30M | -1.07M | -61.69K |
| Investing Cash Flow | -20.99M | -1.24M | -1.95M | -2.56M | -2.39M | -27.50K |
| Financing Cash Flow | 29.14M | 2.28M | 1.45M | 4.40M | 5.02M | 111.50K |
Forrestania Resources Limited Technical Analysis
Positive
0.30
Price Trends
0.53
Negative
0.44
Positive
0.32
Positive
Market Momentum
-0.01
Negative
48.21
Neutral
32.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FRS, the sentiment is Positive. The current price of 0.3 is below the 20-day moving average (MA) of 0.46, below the 50-day MA of 0.53, and below the 200-day MA of 0.32, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 48.21 is Neutral, neither overbought nor oversold. The STOCH value of 32.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FRS.
Forrestania Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$40.24M | -13.33 | -24.90% | ― | ― | 77.87% | |
47 Neutral | AU$30.35M | -6.38 | -6.28% | ― | -100.00% | -141.82% | |
47 Neutral | AU$24.11M | 8.28 | 2.76% | ― | ― | ― | |
46 Neutral | AU$27.30M | 1.48 | 34.97% | ― | ― | ― | |
46 Neutral | AU$626.32M | -3.44 | -31.56% | ― | ― | -20.30% | |
46 Neutral | AU$42.05M | -10.95 | -17.92% | ― | ― | 14.47% |
* Basic Materials Sector Average
AU:FRS
Forrestania Resources Limited
0.49
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1112.50%
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0.03
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Lode Resources Ltd
0.14
0.02
12.50%
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AU:M79
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0.01
24.14%
Forrestania Resources Limited Corporate Events
Forrestania Reports High-Grade Gold Hits Across Key WA Projects
Apr 26, 2026
Forrestania Resources has reported a suite of high-grade gold intercepts from recent drilling at its British Hill, Mt Palmer and Johnson Range projects in Western Australia. The programs, comprising reverse circulation and diamond drilling, return...
Forrestania Resources Seeks ASX Quotation for 861,476 New Shares
Apr 23, 2026
Forrestania Resources Limited has applied for quotation on the ASX of 861,476 new ordinary fully paid shares, to be issued on April 23, 2026. The new securities arise from the exercise or conversion of existing options or other convertible instrum...
Forrestania Resources Issues Shares for Drilling and Flags Ongoing Acquisition Talks
Apr 17, 2026
Forrestania Resources Limited has issued 1,770,485 fully paid ordinary shares to VM Drilling Pty Ltd as consideration for drilling services, effectively using equity to settle operational costs. The company confirmed that the issue was conducted w...
Forrestania Resources Seeks ASX Quotation for 1.77 Million New Shares
Apr 17, 2026
Forrestania Resources Limited has applied for quotation of 1,770,485 new ordinary fully paid shares on the ASX, with an issue date of April 17, 2026. The securities relate to a previously announced transaction, and their quotation will modestly ex...
Forrestania Resources Lists Additional Shares on ASX After Option Conversions
Apr 17, 2026
Forrestania Resources Limited has applied for quotation on the ASX of 188,714 new ordinary fully paid shares, to be traded under its existing ticker FRS. The additional securities, issued on April 17, 2026 as a result of exercised options or conve...
Forrestania Resources Seeks Quotation of 1.19m New Shares on ASX
Apr 16, 2026
Forrestania Resources Limited has applied for quotation of 1,189,285 new ordinary fully paid shares on the Australian Securities Exchange. The additional securities, which result from the exercise or conversion of existing options or other convert...
Forrestania Begins British Hill Ore Haulage to Lake Johnston Plant
Apr 15, 2026
Forrestania Resources has begun hauling ore from its British Hill gold deposit to the wholly owned Lake Johnston processing facility, ahead of planned commissioning of the refurbished plant in 2026. The Lake Johnston plant is being upgraded by Pol...
Forrestania Confirms High-Grade Niobium Potential at Wozi Project in Malawi
Apr 14, 2026
Forrestania Resources has reported further high-grade niobium results from its maiden reverse circulation drilling campaign at the Wozi Project in Malawi, confirming near-surface mineralisation within a large, previously defined system extending o...
Forrestania Resources Seeks ASX Quotation for Additional Shares
Apr 9, 2026
Forrestania Resources Limited has applied for quotation of 105,000 new ordinary fully paid shares on the ASX, to be issued on 9 April 2026. The additional securities, arising from the exercise or conversion of existing instruments, will modestly i...
Forrestania Resources Seeks ASX Quotation for 1.17 Million New Shares
Apr 2, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 1,171,002 new ordinary fully paid shares, with an issue date of 1 April 2026. The additional securities, lodged under an Appendix 2A as a new announcement, will expand the compa...
Forrestania Resources Seeks ASX Quotation for 652,500 New Shares
Apr 2, 2026
Forrestania Resources Limited has applied for quotation of 652,500 new ordinary fully paid shares on the ASX, following the exercise or conversion of existing options or other convertible securities. The additional securities modestly expand the c...
Forrestania Director Receives Shares in Lieu of Salary Under Shareholder-Approved Plan
Apr 1, 2026
Forrestania Resources Ltd has disclosed a change in director Brett Hodgins’ interests, following the issue of 121,113 fully paid ordinary shares to him as a share-based payment in lieu of salary. The shares, approved by shareholders at a 27 ...
Forrestania director increases equity stake through option exercise and share issue
Apr 1, 2026
Forrestania Resources has reported changes to director David Geraghty’s interests in the company’s securities, reflecting a rebalancing of his holdings across fully paid ordinary shares, options and performance rights. The update shows...
Forrestania Resources Issues Shares and Pursues Potential Acquisitions
Apr 1, 2026
Forrestania Resources has issued 1,631,857 fully paid ordinary shares as non-cash consideration, primarily to VM Drilling Pty Ltd for drilling services and partly in lieu of salary for its executive directors. The move underscores the company̵...
Forrestania Resources Seeks Quotation for 1.77 Million New Shares
Apr 1, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 1,767,778 new ordinary fully paid shares, with an issue date of April 1, 2026. The additional securities, issued under previously announced transactions, will modestly expand th...
Forrestania Resources Seeks ASX Quotation for 460,855 New Shares
Apr 1, 2026
Forrestania Resources Limited has applied for quotation on the ASX of 460,855 new ordinary fully paid shares. The securities, to be traded under the existing FRS code, were issued on 1 April 2026 and represent an incremental increase to the compan...
Forrestania Releases Template Notice on Ceasing to Be a Substantial Holder
Apr 1, 2026
Forrestania Resources Limited has released a regulatory Form 605 template related to notices of ceasing to be a substantial holder under the Australian Corporations Act 2001. The document outlines how substantial shareholders must report changes i...
Beacon Minerals Finalises MacPhersons Sale to Forrestania Resources
Mar 29, 2026
Beacon Minerals has completed the sale of 100% of the shares in MacPhersons Reward Pty Ltd to Forrestania Resources for $5 million in cash and 36 million Forrestania shares. The deal, which follows satisfaction of all conditions under a binding ag...
Forrestania Confirms High-Grade Niobium at Wozi Project in Malawi
Mar 29, 2026
Forrestania Resources has reported maiden reverse circulation drilling results from the Wozi Niobium Project in Malawi that confirm high-grade, near-surface niobium within a large, coherent mineralised system extending over 1.5km of strike and up ...
Forrestania Confirms Deeper High-Grade Gold at British Hill in Maiden Drill Program
Mar 29, 2026
Forrestania Resources has completed its maiden drill program at the British Hill Gold Project, comprising 10 holes for 2,906 metres, and reported a second batch of assays confirming multiple high-grade gold intersections and mineralised zones at d...
Forrestania Resources Issues 94m Shares to Fund Series of Tenement Acquisitions
Mar 27, 2026
Forrestania Resources has issued 93,817,248 new fully paid ordinary shares as consideration for several acquisitions, including McPhersons Reward Pty Ltd, tenements from Mantis Resources, the Gibraltar Project tenements, and various entities holdi...
Forrestania Seeks ASX Quotation for Shares Issued in Tenement Deal
Mar 27, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 997,453 new fully paid ordinary shares. The shares are being issued as consideration for the acquisition of a tenement from Mantis Resources Pty Ltd, signaling continued expansi...
Forrestania Seeks ASX Quotation for 50.9 Million Shares in New Mineral Tenement Deal
Mar 27, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 50,863,159 new fully paid ordinary shares. The securities were issued on 27 March 2026 as part of the consideration for acquiring various entities holding mineral tenements from...
Forrestania Resources Seeks ASX Quotation for Nearly 6 Million New Shares
Mar 27, 2026
Forrestania Resources Limited has applied for quotation on the ASX of 5,956,636 new ordinary fully paid shares under its code FRS. The shares, issued on March 27, 2026, form part of previously announced transactions, modestly expanding the company...
Forrestania Seeks ASX Quotation for 36 Million New Shares
Mar 27, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 36 million new ordinary fully paid shares under its existing FRS ticker. The securities were issued on 27 March 2026, expanding the company’s quoted capital base and poten...
Forrestania Resources Seeks Quotation for Additional Ordinary Shares
Mar 27, 2026
Forrestania Resources Limited has applied for quotation of 578,476 new ordinary fully paid shares on the ASX, with an issue date of March 27, 2026. The additional securities, issued following the exercise or conversion of existing instruments, wil...
Forrestania Expands WA Gold Portfolio With Completion of Key Acquisitions
Mar 27, 2026
Forrestania Resources has completed several key acquisitions following shareholder approval at a general meeting, significantly expanding its tenement holdings in Western Australia. The deals include the Gibraltar Project mining and prospecting le...
Forrestania Secures Binding A$58.5m Deal to Advance Lake Johnston Gold Plant
Mar 27, 2026
Forrestania Resources has clarified that it has entered into a binding agreement, rather than a heads of agreement, with Polaris Engineering Services and design partner Mincore to advance the next stage of refurbishment at the Lake Johnston proces...
Forrestania Strikes A$58.5m CIL Plant Deal to Fast-Track Lake Johnston Gold Hub
Mar 26, 2026
Forrestania Resources has signed a Head of Agreement with Polaris Engineering Services, alongside design partner Mincore, to design, supply and install a new carbon-in-leach circuit and broader refurbishment works at its Lake Johnston processing f...
Forrestania boosts Eastern Goldfields hub with $5m Karonie acquisition
Mar 26, 2026
Forrestania Resources has agreed to acquire a package of 16 exploration licences in Western Australia’s Eastern Goldfields from Goldtribe Corporation, a subsidiary of Alchemy Resources, in an all-share deal valued at $5 million. The tenement...
Forrestania Clears Key Hurdle as Johnson Range Gold Resource Reaches 103,500oz
Mar 24, 2026
Forrestania Resources Limited has received an updated JORC-compliant Mineral Resource Estimate for the Johnson Range gold project of 1.43 million tonnes at 2.26 grams per tonne gold, totalling 103,500 ounces at a 0.5 g/t cut-off. The estimate, ind...
Forrestania Plans Placement of Up to 35 Million New Shares
Mar 24, 2026
Forrestania Resources Limited has announced a proposed placement of up to 35 million ordinary fully paid shares on the ASX. The new securities are scheduled for issue on 31 July 2026, subject to standard listing and quotation processes.The capital...
Forrestania Resources Seeks ASX Quotation for 1.31 Million New Shares
Mar 20, 2026
Forrestania Resources Limited has applied for quotation on the ASX of 1,314,747 new fully paid ordinary shares under the code FRS. The securities, issued on 20 March 2026 following the exercise or conversion of existing options or other convertibl...
Forrestania Issues Shares for Tenement Deal as It Pursues Further WA Gold Growth
Mar 18, 2026
Forrestania Resources Limited has issued 549,752 ordinary fully paid shares as partial consideration for the acquisition of mining tenements from Toro Mining Pty Ltd, strengthening its asset base in Western Australia. The company also confirmed it...
Forrestania Resources Seeks ASX Quotation for Shares Issued in Tenement Deal
Mar 18, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 549,752 new fully paid ordinary shares. These securities were issued as part of the consideration under a Tenement Sale Agreement, expanding the company’s listed capital b...
Forrestania Retracts Mineralisation Claim After Jaurdi Hills Acquisition Update
Mar 16, 2026
Forrestania Resources Limited, a gold exploration and development company listed on the ASX, is building a portfolio of projects across key Western Australian mining regions including Southern Cross, the Eastern Goldfields and Forrestania. The com...
Forrestania Completes Jaurdi Hills Deal to Expand Coolgardie Gold Hub
Mar 16, 2026
Forrestania Resources has completed the acquisition of Australian Live-Stock Pty Ltd, Fenton and Martin Mining Developments Pty Ltd, and Diggers Dealers Mining Pty Ltd, securing 100% ownership of entities that collectively hold highly prospective...
Forrestania Shifts From Explorer to Gold Producer with Westgold Ore Deal
Mar 15, 2026
Forrestania Resources Limited has begun mining and hauling ore from its wholly owned gold deposits to Westgold Resources’ Higginsville processing hub under an existing ore purchase agreement, formally shifting its status from a pure gold exp...
Forrestania Resources to List 3.9 Million New Shares on ASX
Mar 13, 2026
Forrestania Resources Limited has applied for quotation on the ASX of 3,890,302 new ordinary fully paid shares, with an issue date of March 13, 2026. The additional shares, arising from the exercise or conversion of existing options or other conve...
Forrestania Drilling Extends Gold Mineralisation at British Hill Project
Mar 13, 2026
Forrestania Resources has completed its maiden drill program at the British Hill Gold Project, comprising 10 holes for 2,655 metres using reverse circulation drilling with diamond tails. Initial assays from the program have returned multiple high-...
Forrestania Resources Lodges Interim Financial Statements for Half-Year 2025
Mar 12, 2026
Forrestania Resources Limited has released its interim financial statements for the six months ended 31 December 2025, providing stakeholders with an update on the company’s financial performance over the half-year period. The report is part...
Forrestania Resources plans placement of up to 7.7m new shares
Mar 11, 2026
Forrestania Resources Limited, an ASX-listed mineral exploration company trading under the code FRS, raises capital through the issue of ordinary fully paid shares to support its project and corporate objectives in the resource sector. Leveraging ...
Forrestania to acquire Alchemy’s Karonie and Lake Rebecca gold assets in $5m share deal
Mar 10, 2026
Alchemy Resources has agreed to sell its Karonie and Lake Rebecca gold projects in Western Australia to Forrestania Resources for $5 million, payable in Forrestania shares priced on a 10-day VWAP basis. The deal includes 16 exploration licences ov...
Forrestania to Acquire Karonie Gold Project in A$5m All-Share Deal
Mar 10, 2026
Forrestania Resources has agreed to acquire 16 exploration licences comprising the Karonie Gold Project in Western Australia’s Eastern Goldfields from Alchemy Resources subsidiary Goldtribe, in an all-share deal valued at A$5 million. The Ka...
Forrestania Resources Seeks ASX Quotation for 4.7 Million New Shares
Mar 6, 2026
Forrestania Resources Limited has applied to the Australian Securities Exchange for quotation of an additional 4,724,175 ordinary fully paid shares. The new securities, issued on March 6, 2026, expand the company’s quoted capital base and ma...
S&P Dow Jones Indices Unveils March 2026 Rebalance of Key S&P/ASX Benchmarks
Mar 6, 2026
SP Dow Jones Indices has announced the March 2026 quarterly rebalance of the SP/ASX index family, with multiple constituent changes across the SP/ASX 20, 50, 100, 200 and 300 effective before the market opens on March 23. The reshuffle includes No...
Forrestania Resources Issues Shares as Drilling Consideration, Confirms Compliance
Mar 5, 2026
Forrestania Resources Limited has issued 159,898 ordinary fully paid shares as part consideration for drilling services, reflecting a non-cash component in its exploration expenditure. The company stated that the shares were issued without a prosp...
Forrestania Finalises 100% Takeover of Kula Gold
Mar 5, 2026
Forrestania Resources Limited has completed the compulsory acquisition of Kula Gold Limited, securing 100% ownership of Kula’s shares. The transaction finalises Forrestania’s takeover of Kula and represents a strategic consolidation st...
Forrestania Resources Seeks ASX Quotation for 3.3 Million New Shares
Feb 27, 2026
Forrestania Resources Limited has applied for quotation of 3,335,874 new ordinary fully paid shares on the ASX, following the issue of these securities on 27 February 2026. The additional quoted shares, arising from the exercise or conversion of e...
Forrestania Issues 5.5m Shares to Finalise Tenement Acquisition
Feb 27, 2026
Forrestania Resources Limited has issued 5.5 million fully paid ordinary shares as consideration for the completion of an acquisition of tenements previously announced to the market. The share issue forms part of the company’s ongoing strate...
Forrestania Resources Seeks ASX Quotation for 5.5 Million New Shares
Feb 27, 2026
Forrestania Resources Limited has applied for quotation on the ASX of 5,500,000 new ordinary fully paid shares, to be issued on 27 February 2026. The additional quoted securities will increase the company’s listed share base, potentially enh...
Forrestania Resources Seeks ASX Quotation for 14.3 Million New Shares
Feb 27, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 14,335,345 ordinary fully paid shares under its existing issuer code FRS. The new securities, issued on 27 February 2026, arise from transactions previously flagged to the marke...
Forrestania Director David Geraghty Lifts Stake in Company Securities
Feb 27, 2026
Forrestania Resources Ltd has reported a change in Director David Geraghty’s relevant interests in the company’s securities, disclosing substantial acquisitions of fully paid ordinary shares and various option classes through entities ...
Forrestania director boosts direct shareholding after options exercise
Feb 27, 2026
Forrestania Resources has disclosed a change in director Adam Turnbull’s interests, detailing the exercise and transfer of various unlisted options into fully paid ordinary shares. Following the transactions on 25 February 2026, TurnbullR...
Forrestania Issues 20m Shares via Option Exercise to Support WA Gold Push
Feb 25, 2026
Forrestania Resources Limited has issued 20 million new ordinary fully paid shares following the exercise of two tranches of unlisted options priced at $0.15 and $0.25, respectively. The company confirmed the issuance was conducted without a prosp...
Forrestania Resources Seeks ASX Quotation for 20.46 Million New Shares
Feb 25, 2026
Forrestania Resources Limited has applied for the quotation of 20,460,000 new fully paid ordinary shares on the ASX, with an issue date of February 25, 2026. The additional securities, arising from exercised options or converted securities, will e...
Forrestania Resources Plans New Share Issue to Raise Capital
Feb 25, 2026
Forrestania Resources Limited has notified the ASX of a proposed issue of up to 736,314 ordinary fully paid shares. The shares are to be issued as part of a placement or similar capital-raising structure, with a proposed issue date of November 25,...
Forrestania Resources Plans Modest Share Placement to Bolster Funding
Feb 25, 2026
Forrestania Resources Limited, an Australian mining and exploration company listed on the ASX under ticker FRS, continues to use equity markets to fund its operational and growth needs. The business focuses on advancing its mineral projects and re...
Forrestania Resources Plans New Share Placement to Raise Capital
Feb 25, 2026
Forrestania Resources Limited has notified the ASX of a proposed issue of 641,379 ordinary fully paid shares under a new placement. The company intends for these securities to be quoted on the ASX, with the proposed issue date set for March 31, 20...
Forrestania expands Eastern Goldfields footprint with all-share tenement deals
Feb 25, 2026
Forrestania Resources has agreed to acquire a suite of exploration licences and applications from Amery Holdings in Western Australia’s Eastern Goldfields, further consolidating its position in this prolific mining region. The deals cover Ex...
Flynn Gold offloads WA assets to sharpen Tasmanian exploration focus
Feb 24, 2026
Flynn Gold has agreed to sell its non-core Forrestania and Lake Johnston exploration projects in Western Australia to Forrestania Resources for A$350,000 in shares, with completion expected by 31 March 2026. The deal will see Flynn become a shareh...
Forrestania Expands Forrestania Hub with Strategic Tenement Acquisition from Flynn Gold
Feb 24, 2026
Forrestania Resources has agreed to acquire a package of exploration licences and applications from Flynn Gold within its Forrestania Hub in Western Australia, paying A$350,000 in fully paid ordinary shares priced at $0.5457 each. The tenements li...
Forrestania Calls Shareholder Vote on Major Equity Issues and Project Acquisitions
Feb 23, 2026
Forrestania Resources Limited has called a general meeting for 27 March 2026 in Perth, where shareholders will vote on several equity-related resolutions tied to acquisitions and prior capital raisings. The meeting will determine the eligibility o...
Forrestania hires Polaris for $5m Lake Johnston crushing circuit upgrade
Feb 22, 2026
Forrestania Resources has appointed Polaris Engineering Services to refurbish the three-stage crushing circuit at its wholly owned Lake Johnston processing facility, in a contract valued at about $5 million. The refurbishment covers major equipmen...
Forrestania Resources Seeks ASX Quotation for Over 1.1 Million New Shares
Feb 20, 2026
Forrestania Resources Limited has applied for quotation on the ASX of 1,112,649 additional ordinary fully paid shares, with an issue date of 20 February 2026. The new securities arise from the exercise or conversion of existing options or other co...
Forrestania Orders Modular Gold Elution Plant for Lake Johnson Hub
Feb 20, 2026
Forrestania Resources has commissioned Como Engineers to supply a fully automated modular 5-tonne Pressure Zadra elution and carbon regeneration plant, complete with gold room equipment and reagents, for its planned Lake Johnson gold processing hu...
Forrestania Resources Seeks ASX Quotation for 17.2 Million New Shares
Feb 10, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 17,218,592 new ordinary fully paid shares, effective 10 February 2026. The move expands the company’s quoted capital base, potentially enhancing liquidity in its stock and...
Forrestania Raises Equity via Option Exercise as It Pursues Tenure Expansion
Feb 10, 2026
Forrestania Resources Limited has issued 250,455 ordinary fully paid shares following the exercise of listed options priced at $0.15 each, providing additional equity capital to the company. The shares were issued without a prospectus under Austra...
Forrestania Resources to List 250,455 New Shares on ASX
Feb 10, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 250,455 additional ordinary fully paid shares, to be issued on February 10, 2026. The new securities arise from the exercise or conversion of existing options or other convertib...
Forrestania Resources Issues 23.97 Million Unlisted Options Expiring 2029
Feb 5, 2026
Forrestania Resources Limited, listed on the ASX under the code FRS, has notified the market of the issue of a large tranche of unquoted equity securities in the form of options, which are not intended to be quoted on the exchange. The company has...
Forrestania Resources Issues 166.2 Million Unlisted Options to Bolster Capital Flexibility
Feb 5, 2026
Forrestania Resources Limited, an Australian mineral exploration company focused on battery and critical metals, is listed on the ASX under the ticker FRS. The company has issued 166,233,749 new unlisted options, each exercisable at $0.24 and expi...
Forrestania Resources Seeks ASX Quotation for 85,601 New Shares
Feb 2, 2026
Forrestania Resources Limited has applied to the ASX for quotation of 85,601 new fully paid ordinary shares under its ticker FRS. The additional securities, issued on 30 January 2026 following the exercise or conversion of existing options or othe...
Forrestania Issues New Shares and Signals Ongoing Tenure Acquisition Push
Feb 2, 2026
Forrestania Resources Limited has issued 85,601 fully paid ordinary shares following the exercise of listed options, and has confirmed via a cleansing notice that the shares were issued without a prospectus while the company remains in compliance ...
Forrestania takes full control of Mt Palmer as it consolidates WA gold hubs
Feb 1, 2026
Forrestania Resources has signed binding agreements to acquire 100% of Aurumin Mt Palmer Pty Ltd, Aurumin Johnson Range Pty Ltd and Aurumin Mt Dimer Pty Ltd from Newcam Minerals, consolidating full ownership of the Mt Palmer gold project and expan...
OzAurum Secures $4.1m Cornerstone Investment from Forrestania to Advance Gold Development
Jan 30, 2026
OzAurum Resources has raised A$4.1 million through a strategic share placement to Forrestania Resources, which will become a 19.9% cornerstone shareholder, in a move that validates OzAurum’s development strategy and strengthens its register ...
Forrestania Takes 19.9% Stake in OzAurum to Boost Eastern Goldfields Gold Exposure
Jan 29, 2026
Forrestania Resources Limited has entered into a strategic investment agreement to acquire a 19.9% stake in OzAurum Resources via a share placement, subscribing for 56.9 million new shares at A$0.072 per share for a total of about A$4.1 million, p...
Forrestania Resources Strengthens Leadership with New Company Secretary Appointment
Jan 29, 2026
Forrestania Resources Limited has appointed experienced resources executive Mark Di Silvio as Company Secretary, effective 1 March 2026, adding extensive financial, commercial and project development expertise to its leadership team. The move is p...
Forrestania Resources Accelerates WA Gold Expansion with Hub-Building Deals and Fresh Capital
Jan 29, 2026
Forrestania Resources used the December 2025 quarter to aggressively expand and consolidate its Western Australian gold-focused asset base while strengthening its corporate structure and funding. The company appointed a new executive chair and tec...
Forrestania Starts Grade-Control Drilling at British Hill as It Advances Toward Production
Jan 28, 2026
Forrestania Resources has commenced a 3,000-metre reverse circulation drilling campaign at its British Hill gold project within the Forrestania Hub, located on granted Mining Lease M77/1256 and about 90km from the company’s Lake Johnston pro...
Forrestania Resources Plans Issue of 26 Million Unlisted Options to Bolster Funding Flexibility
Jan 28, 2026
Forrestania Resources Limited has lodged details of a proposed non‑pro‑rata offer of unlisted options under a disclosure document, as it moves to issue up to 25,974,027 new options with a three-year term and an exercise price of $0.24....
Forrestania Resources Launches Prospectus for 192 Million New Options
Jan 28, 2026
Forrestania Resources plans to issue up to 192,207,796 new options to eligible investors under a transaction-specific prospectus, emphasizing the speculative nature of the offer and urging potential participants to seek professional advice while n...
Forrestania Resources Issues 20 Million Unlisted Options
Jan 28, 2026
Forrestania Resources Limited has notified the market of the issue of new unquoted equity securities in the form of unlisted options, which will not be quoted on the ASX. The company is issuing a total of 20 million unlisted options across two new...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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