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2,163.90
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46.11
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109.15
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17,093.50
(3.05%)
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39,023.71
(0.66%)
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38,797.51
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7,747.81
(1.02%)
USD/AUD
0.6617
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Bitcoin
71,640.19
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78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)
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17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
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38,797.51
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7,747.81
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0.6617
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71,640.19
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78.00
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Gold
2,163.90
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46.11
(4.37%)
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109.15
(1.77%)
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17,093.50
(3.05%)
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39,023.71
(0.66%)
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38,797.51
(-0.06%)
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7,747.81
(1.02%)
USD/AUD
0.6617
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Bitcoin
71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
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Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
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39,023.71
(0.66%)
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38,797.51
(-0.06%)
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7,747.81
(1.02%)
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0.6617
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71,640.19
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78.00
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2,163.90
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46.11
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Iron Ore
109.15
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17,093.50
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39,023.71
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38,797.51
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0.6617
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78.00
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2,163.90
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46.11
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109.15
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46.11
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109.15
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39,023.71
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38,797.51
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0.6617
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71,640.19
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109.15
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109.15
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17,093.50
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39,023.71
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7,747.81
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0.6617
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71,640.19
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78.00
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Gold
2,163.90
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46.11
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Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
Nikkei 225
38,797.51
(-0.06%)
FTSE 100
7,747.81
(1.02%)
USD/AUD
0.6617
(-0.2%)
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71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)

Mighty Kingdom (ASX: $MKL) completes institutional entitlement offer

Mighty Kingdom Limited (ASX: $MKL) Institutional Entitlement Offer Completion


Mighty Kingdom Limited (ASX: $MKL) has successfully completed the institutional component of its accelerated renounceable entitlement offer, raising approximately A$735,000 at the offer price. The proceeds from the entitlement offer will be utilized to fund one-off restructuring, working capital for existing projects, and future balance sheet strength.

Mighty Kingdom CEO's Commentary on Institutional Entitlement Offer


We are thrilled to have commenced the Entitlements Offer with very strong support from our Institutional shareholders. Feedback from our Lead Managers, potential strategic investors and existing shareholders has been very positive and we expect very strong demand for stock during this process.

Summary of Mighty Kingdom's Institutional Entitlement Offer


Mighty Kingdom Limited (ASX: $MKL) has successfully completed the institutional component of its entitlement offer, raising A$735,000 to fund restructuring and working capital. The company's CEO expressed excitement about the strong support received and anticipated robust demand for stock. The retail entitlement offer is set to open on March 25, 2024, and close on April 8, 2024, offering eligible retail shareholders the opportunity to participate at the same offer price and ratio as the institutional entitlement offer. Eligible retail shareholders will be those with registered addresses in Australia and New Zealand on the record date of March 19, 2024. The company's indicative timetable is subject to change, and further information will be made available through the ASX website and the company's official channels.

MIGHTY KINGDOM LIMITED
MKL | ASX | Communication Services
0.0040.0005(+14.29%)
At close 05/07 (AEDT)
Market cap
$11.3M
Volume
2,500,000
DY Yield
0
PE Ratio
0
52 Week Range
0.002 - 0.011
1YR Return
N / A

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