Kalgoorlie Gold Mining Issues New Shares to Bolster Operations

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Kalgoorlie Gold Mining Issues New Shares to Bolster Operations

Kalgoorlie Gold Mining Limited ( (AU:KAL) ) just unveiled an announcement.

Kalgoorlie Gold Mining Limited has issued 3,076,923 fully paid ordinary shares at an issue price of $0.032 each, without disclosure to investors under Part 6D.2 of the Corporations Act 2001. This move complies with relevant provisions of the Act and indicates no excluded information, potentially strengthening the company’s financial position and market operations.

More about Kalgoorlie Gold Mining Limited

Kalgoorlie Gold Mining Limited operates in the gold mining industry, focusing on the exploration and development of gold resources in Australia.

YTD Price Performance: 195.00%

Average Trading Volume: 6,851,033

Technical Sentiment Signal: Sell

Current Market Cap: A$22.98M

Learn more about KAL stock on TipRanks’ Stock Analysis page.

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