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The latest update is out from Kuniko Ltd. ( (AU:KNI) ).
Kuniko Ltd. has announced an update on its partially underwritten rights issue, aiming to raise approximately A$2.032 million to fund the Commonwealth Gold-Silver Project. The rights issue, priced at A$0.07 per share with free attaching options, closed on 12 September 2025, with the allotment of new securities scheduled for 22 September 2025. The funds will be used for technical studies, drill preparation, and initial exploration, with any remaining balance allocated to working capital. The company has faced a delay in the allotment of securities but remains committed to advancing its project goals.
More about Kuniko Ltd.
Kuniko Ltd. operates in the mining industry, focusing on the advancement of silver, gold, and base metals projects in Australia, as well as battery metals projects in Europe. The company targets critical and strategic minerals essential for energy transition and security, ensuring ethical sourcing practices.
Average Trading Volume: 73,079
Technical Sentiment Signal: Sell
Find detailed analytics on KNI stock on TipRanks’ Stock Analysis page.