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Kula Gold Limited ( (AU:KGD) ) has issued an update.
Kula Gold Limited has announced the transfer of 24,000,000 fully paid ordinary shares, previously held as security by Acuity Capital Investment Management Pty Ltd, to a participant in a recent placement. This transaction raised an additional $528,000 for the company and effectively reduces the collateral shares required to be returned to Kula Gold upon the termination or maturity of the At-the-Market agreement from 24,000,000 to zero.
More about Kula Gold Limited
Average Trading Volume: 19,305,219
Technical Sentiment Signal: Sell
Current Market Cap: A$24.88M
Find detailed analytics on KGD stock on TipRanks’ Stock Analysis page.