Australia's Kula Gold hits 5-month high on WA lithium project progress
07/10/2022 05:51
** Shares of mineral explorer Kula Gold KGD.AX rise as
much as 20% to A$0.042, hitting their highest since May 6
** KGD says lithium exploration at Brunswick project in
Western Australia progressing, exceeding expectations
** Programme will be extended significantly - co
** Co now well funded to expedite exploration programmes
following recent capital raising
** More than 11.7 mln shares change hands, compared with the
30-day average volume of about 1.1 mln shares
** Stock down ~23.6% this year, as of last close
(Reporting by Anan Ashraf in Bengaluru)
((Anan.Ashraf@thomsonreuters.com;))
Recent news on Kula Gold
See all newsBrief: Forrestania Resources Receives Acceptances Under Offer Representing More Than 50% Of Kula’S Fully Paid Ordinary Shares
Brief: Forrestania Resources Secures Control Of Kula Gold With More Than 50% Acceptance
Australia's Forrestania Resouces rises on buying remaining stake in Kula Gold
Brief: Kula Gold Says Script Takeover Bid Received For All Shares In Co
Brief: Kula Gold Approached By Party Regarding Potential Corporate Transaction