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KGL Resources Limited ( (AU:KGL) ) has shared an update.
KGL Resources Limited has announced a 1 for 8 pro-rata non-renounceable entitlement offer of fully paid ordinary shares at $0.095 per share, aiming to raise approximately $7.7 million. The offer is available to eligible shareholders in Australia and New Zealand, and it is not accompanied by a prospectus, meaning shareholders must rely on publicly available information to make informed decisions.
More about KGL Resources Limited
YTD Price Performance: -6.78%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $42M
Learn more about KGL stock on TipRanks’ Stock Analysis page.