Kingston Resources Ltd. (AU:KSN) has released an update.
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Kingston Resources Limited has secured an additional $5 million in debt financing from PURE Asset Management to boost its mining operations, amid a strong gold market. The funds will enable the company to double shifts, increase staffing and machinery, and enhance its processing plant capabilities to support a shift from Dore to Concentrate production. This investment aims to fast track cash flow generation and support future expansion plans, leveraging the company’s position in a prime location with significant growth potential.
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