BUZZ-Forrestania Resources hits over 4-year high on new tenement package in Western Australia

Reuters

01/16

BUZZ-Forrestania Resources hits over 4-year high on new tenement package in <a href="https://laohu8.com/S/WER.AU">Western Australia</a>

** Shares of Australia's Forrestania Resources FRS.AX rise as much as 6.3% to A$0.505, their highest level since November 8, 2021

** The gold explorer set for a seventh consecutive day of gains, if current trend holds

** Forrestania to buy new tenement package near co's Coolgardie hub in Western Australia from Christopher Alan De Courcy Ryder and Lloyd George Holdings

** Deal for A$2.5 million ($1.67 million) in Forrestania shares, among others

** Stock up more than 20-fold in 2025

($1 = 1.4928 Australian dollars)

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))

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