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Kula Gold Limited ( (AU:KGD) ) has shared an update.
Kula Gold Limited has announced the results of its Entitlement Offer, issuing 66,441,764 new shares to raise approximately $332,208.82, falling short of its $1.6 million target. This strategic move is aimed at enhancing the company’s financial position, potentially impacting its operational capacity and market positioning.
More about Kula Gold Limited
Kula Gold Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in gold production and seeks to expand its market presence through strategic financial maneuvers.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.9M
Find detailed analytics on KGD stock on TipRanks’ Stock Analysis page.
