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Kalgoorlie Gold Mining Issues New Shares in Compliance with Corporations Act

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Kalgoorlie Gold Mining Issues New Shares in Compliance with Corporations Act

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Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has issued an announcement.

Kalgoorlie Gold Mining Limited has announced the issuance of 358,209 fully paid ordinary shares without disclosure to investors, in compliance with relevant sections of the Corporations Act 2001. This move signifies the company’s adherence to regulatory requirements and may impact its financial standing and shareholder value.

The most recent analyst rating on (AU:KAL) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Kalgoorlie Gold Mining Limited stock, see the AU:KAL Stock Forecast page.

More about Kalgoorlie Gold Mining Limited

Kalgoorlie Gold Mining Limited operates in the mining industry, focusing on gold exploration and production. The company is based in West Perth, Australia, and is engaged in the development of gold mining projects.

Average Trading Volume: 1,307,249

Technical Sentiment Signal: Buy

Current Market Cap: A$28.24M

See more insights into KAL stock on TipRanks’ Stock Analysis page.

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