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Kula Gold Limited Issues 7.5 Million Unquoted Options

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Kula Gold Limited Issues 7.5 Million Unquoted Options

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The latest announcement is out from Kula Gold Limited ( (AU:KGD) ).

Kula Gold Limited has announced the issuance of 7,500,000 unquoted options set to expire on May 31, 2027, with an exercise price of $0.015. This move is part of an employee incentive scheme and is not intended for quotation on the ASX, potentially impacting the company’s employee retention and motivation strategies.

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 involved in projects that aim to identify and extract valuable mineral deposits, contributing to the supply of precious metals in the market.

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.9M

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

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