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KGL Secures A$180M Placement to Propel Jervois Copper Project Development

9:11am on Monday 29th of June, 2026 AEST Mining
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KGL Secures A$180M Placement to Propel Jervois Copper Project Development

9:11am on Monday 29th of June, 2026 AEST
Key Points
  • Conditional placement raises ~A$180 million at A$0.20 per share
  • Entitlement offer to open 3 July 2026 for ~A$120 million
  • KGL’s largest shareholder KMP commits ~A$65 million
  • Funds to fully finance Jervois project development and operations
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