Takeover Completed
Forrestania Resources acquisition of Kula Gold
A$58.9m equity value
Announced 14 Oct 2025 · ASX: KGD · A$0.05 in scrip per share · 41% premium
Advisers
- Target
- Kula Gold
- Acquirer
- Forrestania Resources
- Structure
- Off-market takeover
- Completed
- 29 Jan 2026
- Sector
- Gold and silver
In the league tables
- M&A financial advisers, Calendar 2025 Euroz Hartleys #13 · Bell Potter #20
- M&A financial advisers, completed, 2026 to date Euroz Hartleys #20 · Bell Potter #28
- M&A legal advisers, Calendar 2025 Steinepreis Paganin #36 · Atkinson Corporate Lawyers #70
- M&A legal advisers, completed, 2026 to date Steinepreis Paganin #21 · Atkinson Corporate Lawyers #48
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- Franco-Nevada stake in Minerals 260 Feb 2026 · A$50m · Gold and silver
- Mount Gibson Iron acquisition of 50% stake in the Central Tanami Gold Project Jul 2025 · A$50m · Gold and silver
- Bellavista Resources acquisition of Ontario Gold Assets (70% of Pickle Crow Project, 100% of Sioux Lookout Project) Feb 2026 · A$47.4m · Gold and silver
- Gateway Mining acquisition of Yandal Gold Project Jun 2025 · A$45m · Gold and silver
Sources
- 14 Oct 2025 Execution of Bid Implementation Deed to Acquire Kula Gold ASX
- 14 Oct 2025 Script Takeover Bid Received For All Shares In Kula Gold Ltd ASX
- 4 Dec 2025 Target's Statement ASX
- 29 Jan 2026 Suspension following Forrestania's compulsory acquisition ASX