Forrestania Resources (ASX:FRS) has entered into a AU$1.9 million share subscription agreement with Kula Gold (ASX:KGD), acquiring a 7.37% stake at an issue price of AU$0.022 per share, according to a Tuesday filing with the Australian bourse.
The share of Forrestania Resources fell around 2% while Kula Gold rose around 13% in recent Tuesday trade.
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