Brief: Kgl Resources Proposed 1 For 6 Non-Renounceable Entitlement Offer Of Fully Paid Ordinary Shares In Kgl To Raise Up To A$24.2 Million
April 13 (Reuters) - KGL Resources:
* PROPOSED 1 FOR 6 NON-RENOUNCEABLE ENTITLEMENT OFFER OF
FULLY
PAID ORDINARY SHARES IN KGL TO RAISE UP TO A$24.2 MILLION AT
A$0.37 PER SHARE
* PROCEEDS WILL ADVANCE PROJECT AS WE WORK THROUGH FRONT END
ENGINEERING DESIGN AND FINAL STAGES OF FEASIBILITY STUDY
Source text for Eikon: ID:nASX4hb8tB
Further company coverage: KGL.AX
((Reuters.Briefs@thomsonreuters.com;))
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