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KAL - Kalgoorlie Gold Mining

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Kalgoorlie Gold Mining Limited (KAL) is an Australian company incorporated on 5 November 2020 by its parent company, Ardea Resources Limited.

Upon completion of the Demerger Implementation Deed and listing on ASX, the Company will own, or have the right to own, the rights to the tenements comprising the following projects in Western Australia.

Project areaMineral rights
Bulong Taurus Project
Historic Taurus gold mining centres
Gold rights
Laverton Tectonic Zone
Zelica South, Pinjin West prospects
All minerals
Keith Kilkenny Tectonic Zone
Aubils, Boyce Creek/Jump Up, Rebecca
Gold rights
Perrinvale Project
Zuleika Shear Zone
Gold rights
Kalgoorlie Project
Gidgi, Ninga Mia, Boorara prospects
All minerals
Pianto South Project
Major ENE structure, gold endowment
All minerals
Davies Dam Project
North Kalpini, Kurnalpi gold mining areas
All minerals

After listing on the ASX, the Company intends to systematically drill its defined gold production targets at Bulong Taurus, plus complete initial target generation work on all other tenure.

KAL will list on the ASX on 18 November 2021.

 

Dona Ferentes

NEMO SIBI NASCITVR
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Listing date17 November 2021 2:00PM AEDT ##
Company contact detailshttps://www.kalgoldmining.com.au/
Ph: +61 8 6244 5136
Principal ActivitiesExploration and Mining
GICS industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeKAL
Capital to be Raised$172000,000
Expected offer close date26 October 2021
UnderwriterNot underwritten. Amicaa Advisors Pty Ltd and MST Financial Services Pty Ltd (Joint Lead Managers)

- not sure about the Capital to be Raised amount

List it did, on the 17th. Opened at 19c and now 18c
 
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