The latest announcement is out from Kalamazoo Resources Ltd. ( (AU:KZR) ).
Kalamazoo Resources Limited has concluded its funding arrangement with Lind Global Fund II, LP, which provided a $3 million advance for investment in shares. This partnership enabled Kalamazoo to spin out its lithium assets into Kali Metals Limited and add value to its Ashburton Gold Project, which De Grey Mining has an option to acquire. The collaboration with Lind has been pivotal in Kalamazoo’s strategic growth, enhancing its resource projects and maintaining a strong shareholder structure.
More about Kalamazoo Resources Ltd.
Kalamazoo Resources Limited is an ASX-listed exploration company focused on high-quality gold and base metals projects in the Central Victorian Goldfields and the Pilbara and Murchison regions of Western Australia. The company is involved in significant projects such as the Ashburton Gold Project, which De Grey Mining has an option to purchase, and the Mallina West project, located near the Hemi gold discovery.
YTD Price Performance: -8.11%
Average Trading Volume: 278,899
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$14.24M
For detailed information about KZR stock, go to TipRanks’ Stock Analysis page.