CAPITAL MARKETS

As copper feasibility nears completion, KGL seeks interim funding

POTENTIAL copper project developer KGL Resources is seeking A$24.2 million from shareholders, with the two biggest owners on the company’s register committing to their full entitlements totalling $8.1 million.

 Jervois, NT

Jervois, NT

The non-renounceable rights issue is pricing new shares at 37c per share. The issue has a minimum take-up requirement of $9.9 million. KMP Investments with 24.5% of the company and Denis Wood, holder...

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