Results of fully underwritten Entitlement Offer

Summary by 6ix AI

Kalgoorlie Gold Mining Limited has announced the results of its fully underwritten entitlement offer, which aimed to raise funds for exploration activities. The offer closed recently, with applications received for a portion of the new shares, while the remainder will be covered by the underwriter. The company plans to use the raised funds to accelerate drilling at its Lighthorse discovery and other projects in Western Australia. Managing Director Matt Painter expressed gratitude for shareholder support and highlighted the company's readiness to advance its exploration programs.

Written by 6ix AI from the company’s filing. How 6ix writes summaries