(NewsDirect)
Kin Mining NL (ASX:KIN) MD Andrew Munckton tells Proactive thecompany has raised $7.13 million through a non-renounceable rightsissue that closed on February 10, 2023. Kin offered one share forevery three shares at an issue price of $0.055 and received validapplications for almost 130 million new shares, with a shortfall ofsome 219 million that may be placed within the next three months.Munckton says the funds will allow the company to maintain significantexploration momentum across the Cardinia Gold Project.
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JonathanJackson
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