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KGL Resources Completes $120 Million Entitlement Offer to Fund Jervois Project
9:51am on Friday 24th of July, 2026 AEST
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KGL Resources Completes $120 Million Entitlement Offer to Fund Jervois Project
9:51am on Friday 24th of July, 2026 AEST
Key Points
Entitlement offer raises approximately A$120 million at A$0.20 per share
Total equity raising aims for A$300 million including conditional placement
Largest shareholder KMP Investments increases ownership to 36.2%
Shortfall shares allocated under underwriting agreement
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KGL Resources (ASX:KGL)
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