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The latest update is out from KGL Resources Limited ( (AU:KGL) ).
KGL Resources Limited has announced a revised timetable for its Entitlement Offer, aiming to raise up to $7.7 million. The revision was necessary due to ASX’s strict cut-off time for lodgment. The offer will open on March 17, 2025, and close on March 26, 2025, with the results announced on March 31, 2025. This capital raising initiative is expected to support KGL Resources’ financial stability and operational growth, potentially impacting its market position positively.
More about KGL Resources Limited
YTD Price Performance: -8.33%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $40.51M
For an in-depth examination of KGL stock, go to TipRanks’ Stock Analysis page.