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Kula Gold Limited ( (AU:KGD) ) has provided an announcement.
Kula Gold Limited has raised additional funds of $1,058,000 through the Entitlement Offer Shortfall, with 211,600,000 new shares issued at $0.005 per share. The total funds raised will aid in exploration at Mt Palmer Gold Mine Project and provide working capital. The shares will trade on ASX from February 27, 2025, ranked equally with existing shares. A capital raising fee of 6% plus GST will be paid to the Lead Manager along with unlisted options.
More about Kula Gold Limited
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.9M
For detailed information about KGD stock, go to TipRanks’ Stock Analysis page.