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KGL raising cash for $8M drilling program

Third major capital raising in a year to support Top End development planning

Haydn Black
Jervois drilling should continue for another six months.

Jervois drilling should continue for another six months.

It has closed a placement to raise $5.7 million with existing major shareholders KMP Investments and RCF Opportunities Fund and others at 38c per share, a 12.8% premium to the last closing price, with...

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