Australia's Koonenberry Gold rises on securing funds for projects
22/05/2025 04:48
** Shares of Koonenberry Gold KNB.AX rise as much as 11.3% to A$0.069, marking their biggest intraday pct gain since May 14 ** Mineral explorer says it is raising A$5 million through share placement ** Says funds to be used for ongoing exploration and drilling activities at its Enmore and Lachlan Project in New South Wales ** Stock up over 400% YTD (Reporting by Sneha Kumar in Bengaluru) ((Sneha.kumar@thomsonreuters.com;))
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