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KGL RESOURCES LIMITED Capital/Financing Update 2025

Mar 20, 2025

65179_rns_2025-03-20_685f0853-0d0b-41cf-a4eb-8c93c305613b.pdf

Capital/Financing Update

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==> picture [596 x 172] intentionally omitted <==

----- Start of picture text ----- Entitlement Offer –Extension of Closing Date----- End of picture text -----

21 March 2025.

KGL Resources Limited (ASX:KGL) advises that the closing date for the Entitlement Offer, announced on 6 March 2025, has been extended to 5pm AEDT on 31 March 2025.

Offer

Ratio 1 New Shares for every 8 existing fully paid ordinary shares in KGL held
Offer Price for New Shares $0.095 per New Share
Size Up to approximately 81,014,131 New Shares
Gross proceeds (minimum) $3 million
Gross proceeds (maximum) Up to approximately $7.7 million

If you have any questions, please contact the Offer information line is 1800 881 526 (within Australia) or +61 1800 881 526 (outside Australia) from 8.30am to 5.30pm (Sydney time), Monday to Friday. If you have any further questions, you should contact your stockbroker, solicitor, accountant, financial adviser or other professional adviser.

This announcement has been approved by the directors of KGL Resources Limited.

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KGL Resources Limited | Entitlement Offer