M&A Deal Summary

Forrestania Resources Acquires Kula Gold s Westonia Project

On September 23, 2025, Forrestania Resources acquired metals/mining company Kula Gold s Westonia Project from Kula Gold

Acquisition Highlights
  • This is Forrestania Resources’ 1st transaction in the Metals/Mining sector.
  • This is Forrestania Resources’ 1st transaction in Austria.

M&A Deal Summary

Date 2025-09-23
Target Kula Gold s Westonia Project
Sector Metals/Mining
Buyer(s) Forrestania Resources
Sellers(s) Kula Gold
Deal Type Divestiture

Target

Kula Gold s Westonia Project

Perth, Austria
Kula Gold's Westonia Project comprises exploration licences E77/2756, E77/2766, E77/3234, E77/3237.

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Buyer(S) 1

Buyer

Forrestania Resources

Subiaco, Australia

Category Company
Sector Metals/Mining
Revenue 6M AUD (2024)
DESCRIPTION

Forrestania Resources is a resources company exploring for gold, copper, and lithium in the Eastern Goldfields, Forrestania, and Southern Cross regions of Western Australia. Covering 1,800km² within Western Australia’s prolific mineral belts, offering exposure to gold, copper, and lithium. Forrestania Resources is based in Subiaco, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Austria M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Kula Gold

Perth, Australia

Category Company
Founded 2007
Sector Metals/Mining
Employees2
Revenue 2M AUD (2024)
DESCRIPTION

Kula Gold is an exploration and evaluation of mineral properties company focuses on the strategic development of its 100%-owned Woodlark Island Gold Project (WIGP), located 600 kilometres east of Port Moresby in Papua New Guinea. Kula Gold was founded in 2007 and is based in Perth, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Austria M&A 1 of 1
Year: 2025 M&A 1 of 1