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Kula Gold Director Increases Stake with Strategic Share Acquisition

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Kula Gold Director Increases Stake with Strategic Share Acquisition

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Kula Gold Limited ( (AU:KGD) ) has shared an announcement.

Kula Gold Limited has announced a change in the director’s interest, with Mark Stowell acquiring an additional 3,000,000 fully paid ordinary shares through Ascot Park Enterprises Pty Ltd, increasing his indirect holdings. This transaction, valued at $21,000, reflects an on-market trade and indicates a strategic move to strengthen the director’s stake in the company, potentially impacting investor confidence and market perception.

More about Kula Gold Limited

Kula Gold Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in the identification and advancement of mining projects, aiming to enhance its portfolio and market presence.

Technical Sentiment Signal: Sell

Current Market Cap: A$7.26M

For detailed information about KGD stock, go to TipRanks’ Stock Analysis page.

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