Find out more about this capital raise
Be the first with the news that moves the market- Kingsland Minerals (KNG) will begin trading on the ASX on Tuesday, June 14, following its $4.69 million initial public offering (IPO)
- Under the IPO, over 23 million shares were issued at a price of 20 cents per share to raise $4,697,968
- Kingsland is a mineral exploration and development company with a focus on high-grade uranium, copper and gold projects across Australia
- It will use the money from the IPO to systematically explore its projects and fund future acquisitions
- The board comprises of Malcolm Randall as Chairman and Non-Executive Director, Richard Maddocks as Managing Director and Bruno Seneque as Chief Financial Officer
Kingsland Minerals (KNG) will begin trading on the ASX on Tuesday, June 14, following its $4.69 million initial public offering (IPO).
Under the IPO, 23,489,840 shares were issued at a price of 20 cents per share to raise $4,697,968.
Kingsland is a mineral exploration and development company with a focus on high-grade uranium, copper and gold projects across Australia.
It holds the Allamber uranium and copper project, the Shoobridge uranium and gold project, the Woolgni gold project and the Mt Davis copper and gold project in the Northern Territory.
It also holds the Lake Johnston nickel and cobalt project in Western Australia.
Kingsland will use the money from the IPO to systematically explore its projects and fund future acquisitions.
The board comprises of Malcolm Randall as Chairman and Non-Executive Director, Richard Maddocks as Managing Director, Bruno Seneque as Chief Financial Officer and Non-Executive Director, and Nicholas Revell as Non-Executive Director.
