Kula Gold's trading halt request for capital raise announcement

Kula Gold Limited (ASX: $KGD) has requested a trading halt from ASX in accordance with Listing Rule 17.1. The halt is pending an announcement by the company regarding a capital raise. The trading halt is expected to remain in place until the earlier of the commencement of normal trading on the 28th February 2024 or the release of the announcement.

Executive Commentary on Trading Halt Request

The Company requests a trading halt to be applied to its securities under ASX Listing Rule 17.1 pending an announcement by the Company regarding a capital raise. The Company confirms that it is not aware of any reason why the trading halt should not be granted by the ASX, nor any other information necessary to inform the market about the trading halt. For and on behalf of the Board. Regards, Bl Keith Bowker, Company Secretary

Summary of Kula Gold's Trading Halt Request

Kula Gold Limited (ASX: $KGD) has requested a trading halt from ASX in order to make an announcement regarding a capital raise. The company has confirmed that it is not aware of any reason why the trading halt should not be granted by the ASX. The trading halt is expected to be in place until the earlier of the commencement of normal trading on the 28th February 2024 or the release of the announcement. This trading halt indicates a significant upcoming development for Kula Gold, and investors will be keen to learn more about the company's plans for the capital raise and its potential impact on the business.