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KGL Resources Opens $120 Million Entitlement Offer to Fund Jervois Project

9:08am on Friday 3rd of July, 2026 AEST Mining
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KGL Resources Opens $120 Million Entitlement Offer to Fund Jervois Project

9:08am on Friday 3rd of July, 2026 AEST
Key Points
  • 1 new share offered for every 1.29 held at $0.20 each
  • Offer aims to raise $120 million as part of $300 million equity raise
  • Underwritten except for $39.7 million pre-commitment by KMP Investments
  • Funds to support development of Jervois Copper Project
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