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Kula Gold Limited (ASX:KGD)

ALERT: Price-sensitive ASX Announcement for KGD
Current share price for KGD : $0.080 0.001 (1.27%)+
Announcement
Release
29 Jan 2026 10:22AM
Price at Release
$0.079
Full Release
download
Summary
Kula Gold Limited is undergoing a compulsory acquisition process by Forrestania Resources Limited, which will result in the suspension of Kula's trading and eventual delisting from the ASX. The company's remaining shares that are not held by Forrestania are being acquired, and as a consequence, trading in Kula's shares will be suspended from the close of trading on the announcement date. Subsequently, Kula will be removed from the official ASX list on 3 February 2026. This development was officially announced and authorized by Kula's Board, with further contact details provided for Ric Dawson, the Managing Director.
Key Points
  • Kula Gold Limited is referred to as 'Kula' or 'the Company'.
  • Kula is subject to a compulsory acquisition by Forrestania Resources Limited (ASX: FRS).
  • Forrestania Resources Limited is acquiring the remaining shares in Kula that it does not already hold.
  • As a result of the acquisition, Kula's shares will be suspended from trading at the close of trading on the announcement date.
  • In accordance with Listing Rule 17.14, Kula will be removed from the official list on 3 February 2026.
  • The announcement was authorized by the Board of Kula Gold Limited.
  • For further information, Ric Dawson is the contact person.
  • The ASX Code for Kula Gold Limited is KGD.
  • The announcement date is 29 January 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.