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Koonenberry Gold Limited ( (AU:KNB) ) just unveiled an announcement.
Koonenberry Gold Limited announced that major shareholders Lion Selection Group Limited and Lowell Resources Fund have increased their stake in the company by purchasing 35 million shares from Datt Capital Pty Limited, which has now exited the company’s register. This move is seen as a validation of Koonenberry’s prospects by respected investors. Additionally, George Rogers, a co-founder of the company, has decided to remain on the board, reinforcing the company’s leadership as it prepares for further exploration success. The board is also committed to refreshing its membership to ensure it has the necessary skills and experience for the company’s growth.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a company operating in the mining industry, focusing on gold exploration and development projects. The company is involved in acquiring and developing gold projects, with a particular emphasis on its Enmore and Lachlan projects.
Average Trading Volume: 18,652,149
Technical Sentiment Signal: Sell
Current Market Cap: A$32.79M
See more data about KNB stock on TipRanks’ Stock Analysis page.