Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has provided an announcement.
Kalgoorlie Gold Mining Limited announced the issuance of 66,666,669 fully paid ordinary shares at an issue price of $0.06 each. This move, compliant with the Corporations Act 2001, reflects the company’s efforts to raise capital without the need for disclosure under Part 6D.2 of the Act, potentially impacting its 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. The company is based in West Perth, Australia, and is involved in the production and sale of gold.
YTD Price Performance: 215.00%
Average Trading Volume: 6,534,412
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$19.6M
For detailed information about KAL stock, go to TipRanks’ Stock Analysis page.