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Kingfisher Mining Issues 4 Million Shares to Boost Exploration Efforts

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Kingfisher Mining Issues 4 Million Shares to Boost Exploration Efforts

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Kingfisher Mining Ltd. ( (AU:KFM) ) has provided an update.

Kingfisher Mining Limited announced the issuance of 4,000,000 fully paid ordinary shares without disclosure to investors under the Corporations Act. The company has complied with relevant provisions of the Corporations Act and there is no excluded information as of the announcement date. This move is part of Kingfisher’s ongoing efforts to enhance its operations and market positioning, potentially impacting stakeholders by increasing the company’s capital for further exploration and development activities.

More about Kingfisher Mining Ltd.

Kingfisher Mining Limited (ASX:KFM) is a mineral exploration company focused on increasing shareholder value through the acquisition, exploration, and development of mineral resource projects in Australia. The company operates in New South Wales with a 700km2 portfolio of Copper-Gold and Silver-Lead-Zinc projects across three mining districts, and in Western Australia with 938km2 in the Gascoyne Mineral Field.

Average Trading Volume: 254,790

Technical Sentiment Signal: Buy

Current Market Cap: A$7.51M

See more data about KFM stock on TipRanks’ Stock Analysis page.

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