tiprankstipranks
Trending News
More News >

Kali Metals Expands Gold Exploration Portfolio with Strategic Acquisition

Story Highlights

Confident Investing Starts Here:

Kali Metals Limited ( (AU:KM1) ) has provided an update.

Kali Metals Limited has issued 3,506,276 fully paid ordinary shares to the shareholders of Peggy Resources Pty Ltd as part of its acquisition of the company, which holds a strategic tenement adjacent to Kali Metals’ Marble Bar Gold Project. This acquisition is expected to enhance Kali Metals’ strategic positioning in the gold exploration sector, potentially increasing its resource base and offering new opportunities for growth.

More about Kali Metals Limited

Kali Metals Limited (ASX: KM1) is engaged in the exploration and development of gold, lithium, and critical minerals across a 4,029 km2 area in Western Australia and the Southern Lachlan Fold Belt. The company is focused on generating shareholder value through the exploration and development of its assets, with a team of experienced professionals dedicated to identifying and developing commercial resources.

Average Trading Volume: 82,323

Technical Sentiment Signal: Sell

Learn more about KM1 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App