Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has provided an announcement.
Kalgoorlie Gold Mining Limited announced a proposed issue of securities, including 4.5 million unlisted options and 66.67 million ordinary fully paid shares. This move is aimed at raising capital to support the company’s growth initiatives and strengthen its financial position, potentially impacting its operational capabilities and market influence.
More about Kalgoorlie Gold Mining Limited
Kalgoorlie Gold Mining Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is dedicated to expanding its gold production capabilities and enhancing its market presence.
YTD Price Performance: 240.0%
Average Trading Volume: 6,314,080
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$20.76M
See more data about KAL stock on TipRanks’ Stock Analysis page.