Recent Insider Transactions • Jul 30
Executive Chairman recently bought AU$297k worth of stock On the 29th of July, David Geraghty bought around 890k shares on-market at roughly AU$0.33 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$3.3m. David has been a buyer over the last 12 months, purchasing a net total of AU$4.1m worth in shares. Announcement • Jul 27
Forrestania Resources Limited Announces Appointment of Karen Wellman as Independent Non-Executive Director Forrestania Resources Limited announced the appointment of Mrs. Karen Wellman as an independent Non-Executive Director of the Company. Mrs. Wellman is a highly regarded mining executive and geologist with more than 20 years' experience across exploration, resource development and operations in Australia and internationally. She has held senior technical and executive leadership roles with several successful Australian mining companies and has extensive experience in resources sector. Mrs. Wellman currently serves as Managing Director and Chief Executive Officer of ASX-listed, Western Australian focused minerals exploration company Dynamic Metals Limited. Mrs. Wellman holds a Bachelor of Applied Science, a Bachelor of Commerce and a Master of Science (Energy and Mineral Economics) and is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Announcement • Jul 21
Forrestania Resources Limited (ASX:FRS) completed the acquisition of Newington Project in WA from Midas Minerals Limited (ASX:MM1). Forrestania Resources Limited (ASX:FRS) entered into Binding Heads of Agreement to acquire Newington Project in WA from Midas Minerals Limited (ASX:MM1) for AUD 3.7 million on May 25, 2026. The consideration consists of the upfront consideration of AUD 1.5 million in shares, priced using the 5-day VWAP before the agreement, thereby preserving cash. Additionally, it has agreed to a performance-based earnout, including AUD 1 million upon resource delineation or initial 50,000 oz gold extraction, AUD 200,000 per additional 10,000 oz, and AUD 1 million upon a formal decision to mine.
Completion remains subject to customary regulatory and third-party approvals, including any ministerial consents required, with completion expected to occur within the coming weeks following satisfaction or waiver of conditions precedent.
Forrestania Resources Limited (ASX:FRS) completed the acquisition of Newington Project in WA from Midas Minerals Limited (ASX:MM1) on July 21, 2026. 
