The latest announcement is out from Kaiser Reef Ltd ( (AU:KAU) ).
Kaiser Reef Ltd has issued 65,152,640 fully paid ordinary shares under an exemption in the Corporations Act 2001, allowing these shares to be sold without disclosure. The company is actively exploring commercial opportunities, including acquisitions and joint ventures, although negotiations are in early stages and not guaranteed to result in agreements. Kaiser Reef remains committed to keeping the market informed in line with its continuous disclosure obligations.
More about Kaiser Reef Ltd
Kaiser Reef Ltd is a high-grade gold producer and exploration company operating in the Victorian goldfields. The company owns and operates the A1 Gold Mine, the Maldon Gold Processing Plant, and the Maldon Gold Mine, which is currently on care and maintenance.
Average Trading Volume: 527,186
Technical Sentiment Signal: Buy
Current Market Cap: A$41.7M
For detailed information about KAU stock, go to TipRanks’ Stock Analysis page.