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Kula Gold Limited ( (AU:KGD) ) has shared an update.
Kula Gold Limited has issued 44,950,000 fully paid ordinary shares following the exercise of a total of 44,950,000 unlisted options at exercise prices ranging from $0.015 to $0.025 per option. The company has confirmed that the new shares, which form part of its quoted class of securities on the ASX, were issued without a prospectus under the Corporations Act disclosure exemptions, and that it remains compliant with its financial reporting and continuous disclosure obligations, with no excluded information requiring disclosure, signalling a routine capital management move with implications for its share capital structure.
More about Kula Gold Limited
Kula Gold Limited (ASX: KGD) is an Australian-listed company whose fully paid ordinary shares trade on the Australian Securities Exchange, operating within the broader resources and mining investment sector.
Average Trading Volume: 4,558,144
Technical Sentiment Signal: Sell
Current Market Cap: A$102.5M
Find detailed analytics on KGD stock on TipRanks’ Stock Analysis page.