Kalgoorlie Gold Mining Limited (AU:KAL) has released an update.
Kalgoorlie Gold Mining Limited (KAL) has requested a trading halt on its shares as it prepares to release a Mineral Resource Estimate and plans a capital raising initiative. The halt is effective immediately and will remain until the commencement of normal trading on 29 July 2024, or upon the market announcement of the outcomes. The company has stated there are no known reasons for the ASX to deny the halt request.
For further insights into AU:KAL stock, check out TipRanks’ Stock Analysis page.