Forrestania Resources highlights $1.53 million rights offer
–News Direct–
Forrestania Resources Ltd (ASX:FRS) MD Michael Anderson tells Proactive the company is embarking on a strategic initiative to turbo-charge its portfolio of lithium, copper and gold projects in WA. The company has announced a renounceable entitlement offer, offering shareholders the opportunity to participate in the development of these promising ventures. This cap raise of up to $1.53 million will position the company to capitalise on its exploration efforts and harness the potential of the states rich mineral resources.
Anderson said: The team has continued our systematic exploration of the Forrestania Project delivering a number of positive outcomes including drilling ore grade lithium mineralisation and visible spodumene at both the Giant and South Iron Cap East projects ...