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Kingston Resources Ltd. ( (AU:KSN) ) has shared an announcement.
Kingston Resources Limited successfully completed a fully underwritten Share Purchase Plan, receiving applications for over 16 million shares worth approximately A$1.2 million. The plan, underwritten by major shareholder Delphi Unternehmensberatung, will see the allocation of a shortfall to the underwriter, enhancing the company’s financial position and potentially strengthening its market standing.
More about Kingston Resources Ltd.
Kingston Resources Limited operates in the resources industry, focusing primarily on mining and exploration activities. The company is listed on the Australian Securities Exchange (ASX) and actively engages in developing mineral projects, with a significant presence in the Australian market.
YTD Price Performance: 10.26%
Average Trading Volume: 24,247
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €34.84M
See more insights into KSN stock on TipRanks’ Stock Analysis page.
