Koonenberry Gold Expands with New Share Issuance and Exploration License

Koonenberry Gold Limited ( (AU:KNB) ) just unveiled an update.

Koonenberry Gold Limited announced the issuance of 66,666,670 fully paid ordinary shares to investors, highlighting compliance with relevant provisions of the Corporations Act. Additionally, the company has applied for a new exploration license contiguous with its existing projects, which could expand its operational capacity and influence in the gold mining sector.

More about Koonenberry Gold Limited

Koonenberry Gold Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in identifying and developing gold resources in its Koonenberry Gold project area.

YTD Price Performance: 240.0%

Average Trading Volume: 3,159,834

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$29.73M

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