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Kalgoorlie Gold Mining Limited Issues New Shares to Boost Capital

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Kalgoorlie Gold Mining Limited Issues New Shares to Boost Capital

An announcement from Kalgoorlie Gold Mining Limited ( (AU:KAL) ) is now available.

Kalgoorlie Gold Mining Limited has issued 1,000,961 fully paid ordinary shares at $0.032 each, without disclosure to investors under specific provisions of the Corporations Act 2001. This move indicates compliance with relevant legal requirements and suggests a strategic effort to raise capital, potentially impacting the company’s financial position and stakeholder interests.

More about Kalgoorlie Gold Mining Limited

Kalgoorlie Gold Mining Limited operates in the mining industry, focusing on gold extraction and production. The company is based in West Perth, Australia, and is involved in the exploration and development of gold mining projects.

YTD Price Performance: 240.0%

Average Trading Volume: 6,314,080

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$20.76M

See more data about KAL stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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