On 24 July 2026, The Panel has received an takeover application from Harvest Lane Asset Management Pty Ltd in relation to the affairs of Zenith Minerals Limited (Zenith).
Background
- Zenith is currently the subject of a recommended off‑market takeover bid by Forrestania Resources Limited (Forrestania).
- On 9 June 2026, Zenith announced a recommended takeover with Forrestania whereby Forrestania would acquire all the issued ordinary shares in Zenith for a scrip consideration of 1 Forrestania share for every 4.3 Zenith shares, valuing Zenith at approximately $79.14 million on an undiluted basis.
- Harvest Lane Asset is a shareholder in Zenith.
