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Kuniko Ltd. ( (AU:KNI) ) has issued an update.
Kuniko Ltd. has announced a proposed issue of securities, involving the issuance of 9,680,475 entitlement options and 29,041,423 ordinary fully paid shares. This non-renounceable pro rata issue is set to close on August 29, 2025, with the issue date scheduled for September 5, 2025. This move is expected to provide the company with additional capital to support its ongoing operations and strategic initiatives, potentially strengthening its position in the mining industry.
More about Kuniko Ltd.
Kuniko Ltd. operates in the mining and resources industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction and processing of minerals, with a market focus on sustainable and environmentally responsible mining practices.
Average Trading Volume: 61,086
Technical Sentiment Signal: Sell
For an in-depth examination of KNI stock, go to TipRanks’ Overview page.
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