KGL Resources Announces Share Entitlement Offer to Raise $7.7 Million

KGL Resources Limited ( (AU:KGL) ) has shared an update.

KGL Resources Limited has announced a 1 for 8 pro-rata non-renounceable entitlement offer of fully paid ordinary shares at $0.095 per share, aiming to raise approximately $7.7 million. The offer is available to eligible shareholders in Australia and New Zealand, and it is not accompanied by a prospectus, meaning shareholders must rely on publicly available information to make informed decisions.

More about KGL Resources Limited

YTD Price Performance: -6.78%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $42M

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