Kingston Resources Reprices Warrants Issued to Nominees
MT Newswires Live
Jul 18
Kingston Resources (ASX:KSN) adjusted the exercise price of several classes of warrants issued to nominees Pure Asset Management and Horley, according to a Friday filing with the Australian bourse.
The company repriced 25 million units of its warrants expiring July 7, 2027, to AU$0.0816 from AU$0.20, the filing said.
The company also repriced 35.7 million units of warrants expiring June 29, 2028, to AU$0.0816 from AU$0.14 and 69.7 million units of warrants expiring Feb. 23, 2028, to AU$0.0879 from AU$0.118, the filing said.
Shares of the company rose nearly 2% in recent Friday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.