KGL Resources Ltd Opens Entitlement Offer
Key points
- Entitlement Offer opens for eligible shareholders
- Offer price set at $0.20 per New Share
- Offer closes on 22 July 2026
- Underwriting and commitments secured
Full summary
KGL Resources Ltd (ASX:KGL) has announced the opening of its non-renounceable entitlement offer, as previously disclosed on 25 June 2026. Eligible shareholders can acquire one new share for every 1.29 shares held at the record date, priced at $0.20 per share. The offer is underwritten, with KMP Investments Pte. Ltd committing to take up approximately $39.7 million and existing institutional shareholders committing around $17 million. Eligible shareholders can apply for additional shares through the Top-Up Facility. The offer closes on 22 July 2026. Further information, including the Offer Booklet and application forms, is available on the company's website.
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