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Kalgoorlie Gold Mining Issues Unlisted Options

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Kalgoorlie Gold Mining Issues Unlisted Options

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An announcement from Kalgoorlie Gold Mining Limited ( (AU:KAL) ) is now available.

Kalgoorlie Gold Mining Limited has announced the issuance of 48,839,440 unlisted options with an exercise price of $0.06, set to expire on October 1, 2027. This move is part of previously announced transactions and is not intended for quotation on the ASX, potentially impacting the company’s financial strategy and stakeholder interests by providing additional capital-raising opportunities.

More about Kalgoorlie Gold Mining Limited

Kalgoorlie Gold Mining Limited operates in the mining industry, focusing primarily on the exploration and development of gold resources. The company is engaged in identifying and developing gold mining opportunities, with a market focus on expanding its resource base and enhancing shareholder value.

Average Trading Volume: 1,128,015

Technical Sentiment Signal: Buy

Current Market Cap: A$26.75M

Learn more about KAL stock on TipRanks’ Stock Analysis page.

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