Koonenberry Gold Limited ( (AU:KNB) ) has provided an update.
Koonenberry Gold Limited announced that Datt Capital, an existing shareholder, has increased its stake in the company by purchasing an additional 35,000,000 shares from Global Uranium & Enrichment Ltd. This transaction does not alter the escrow expiry date, as a new voluntary escrow agreement was established with Datt Capital. This move signifies a strengthened position for Datt Capital within Koonenberry Gold, potentially impacting the company’s strategic direction and shareholder dynamics.
More about Koonenberry Gold Limited
Koonenberry Gold Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in identifying and developing gold mining projects, with a market focus on expanding its resource base and enhancing shareholder value.
YTD Price Performance: 250.0%
Average Trading Volume: 4,008,861
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$32.93M
See more data about KNB stock on TipRanks’ Stock Analysis page.