Forrestania Secures A$310M for Edna May Acquisition

Forrestania Resources announces a transformational capital raise to acquire the Edna May Gold Hub, strengthening its growth strategy and expanding its production footprint across Western Australia.

<ul><li>Raised $310 million via a two-tranche institutional placement at $0.40 per share, with strong demand from leading institutional and cornerstone investors.</li><li>Executive Chairman David Geraghty to personally invest $1 million in the placement, subject to shareholder approval.</li><li>Acquisition of the Edna May Gold Hub from Ramelius Resources, with $210 million cash and $90 million in Forrestania shares as revised consideration.</li><li>Funds to support the Edna May acquisition, refurbishment of the Lake Johnston facility, and general working capital.</li><li>Placement comprises 775 million new shares, with tranche two subject to shareholder approval at a late August 2026 EGM.</li><li>Positions Forrestania to advance its dual processing hub strategy and scale its Western Australian gold production business.</li></ul>

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Forrestania Secures A$310M for Edna May Acquisition