NASDAQ:ABNY

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Abony Acquisition Shares Quiet as $230 Million SPAC Lingers

Abony Acquisition Corp. I Class A shares closed at $9.89 on Monday, trading just 6,449 shares, about 1.5% below their $10.04 redemption value. The SPAC holds $230.8 million in trust from its February IPO and is still seeking a merger target. Market cap stood at $310.17 million. First-quarter net income was $546,079, driven mostly by interest on trust funds.

June 2, 2026

Forrestania Resources Exceeds 1 Moz Gold Resource Mark with MacPhersons Update
June 1, 2026, 8:10 PM EDT. Forrestania Resources (ASX: FRS) has surpassed 1 million ounces in its global JORC Mineral Resource following an update at the MacPhersons deposit, now totaling 1,007,800 oz gold (Au) across 25.7 million tonnes at 1.22 g/t. The MacPhersons resource includes measured, indicated, and inferred categories, enhancing the Coolgardie Gold Hub. Recent drilling programs at Lady Lila, Mt Palmer, and Johnson Range projects have yielded significant high-grade gold intercepts, further strengthening the portfolio. Strategic acquisitions, including Midas Minerals and other WA tenements, expand Forrestania's footprint within the Southern Cross Greenstone Belt. The company is also advancing its Lake Johnston processing facility conversion from nickel to gold production, aiming to establish a central processing hub for its growing gold resources.