Forrestania Resources Says Takeover Offer for Zenith Minerals Remains Open After Takeovers Panel's Order
MT Newswires Live
Sep 18
Forrestania Resources (ASX:FRS) said its Zenith Minerals (ASX:ZNC) takeover offer remains open and can "now proceed with certainty."
The Friday filing with the Australian bourse follows the Takeovers Panel's final orders from the day prior that required fresh disclosures after the regulator made a declaration of unacceptable circumstances.
Forrestania, which said it would comply with the requirements, has a relevant interest of about 58.33% in Zenith.
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