Kula Gold Limited (ASX:KGD) Announces Results of Entitlement Offer
Entitlement Offer Results
Kula Gold Limited has issued 66,441,764 new shares under its entitlement offer, generating approximately $332,208.82. The offer provided one new share for every two existing shares at $0.005 each, aiming to raise around $1.6 million before costs.
Future Share Issuance
The Company plans to issue up to 255,164,196 new shares under Listing Rule 7.2 exception 3 as outlined in the prospectus dated 6 January 2025. Investors interested in the shortfall offer should refer to the prospectus and complete the accompanying application form.
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