$2.3 million Placement and $0.5 million SPP
Filed with ASX · · 6 pages · English
Summary by 6ix AI
The placement has received strong demand from both new and existing investors, with directors committing to participate. Funds raised will be used to accelerate drilling and meet farm-in commitments at Pinjin. The share purchase plan will allow eligible shareholders to apply for additional shares and options on similar terms as the placement.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Kalgoorlie Gold Mining Limited on 6ix
Story so far
Earlier from Kalgoorlie Gold Mining
- First Kirgella Gift Inferred Resource of 76,400oz from 3m
- Wessex drilling reveals thick gold intercepts Pinjin Project
- Drilling commences at shallow gold targets, Pinjin Project
- Thick, shallow gold at Kirgella Gift and Providence
- KalGold consolidates strategic position at Pinjin
Later from Kalgoorlie Gold Mining
- Kalgoorlie Gold Mining - $2.3 million placement and $0.5 million SPP to advance the Pinjin project
- Follow-up drilling commences at Wessex
- Share Purchase Plan closes oversubscribed
- Options Prospectus
- Pinjin aeromagnetic survey underway to drive discovery
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