Response to Zenith Minerals Investor Statements

Forrestania holds 41.74% of Zenith Minerals, with continued board support, new acquisitions, and $310 million in capital commitments strengthening its regional presence.

Forrestania Resources updates on its takeover bid for Zenith Minerals, underlining progress towards controlling interest and regional growth following significant acquisitions and capital raised.

<ul><li>Currently holds 41.74% voting power in Zenith Minerals through its off-market takeover offer.</li><li>Zenith Directors maintain recommendation for shareholders to accept Forrestania’s offer, with no superior proposal emerging.</li><li>Acquisition of the Edna May hub and $310 million in capital commitments reinforce Forrestania’s regional dominance and project development capabilities.</li><li>Ida Metal Investments has not proposed alternatives, and its shareholding does not prevent Forrestania from reaching minimum acceptance conditions.</li><li>Forrestania continues targeted expansion across key Western Australian mining districts, focusing on systematic exploration and disciplined acquisitions.</li></ul>

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Response to Zenith Minerals Investor Statements