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KRLCF (Kainantu Resources Ltd.) is no longer actively trading.
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KRLCF does not currently pay a dividend.
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Kainantu Resources Ltd., headquartered in Singapore, is an exploration firm focused on gold and precious metals. The company's key assets are its KRL South and KRL North projects, which are located within the Kainantu region of Papua New Guinea.
Kainantu Resources Ltd (TSX-V:KRL) told investors it has made the post-closing payment of US$500,000 to Harmony Gold Exploration Ltd for the release from escrow of the tenement transfer documents for the Kili Teke gold-copper project in Papua New Guinea. The company gained full ownership of the project in September and CEO Adam Clode said it will now undertake an optimisation study and establish an objective framework to complete a preliminary economic assessment over the next six months.
Kainantu Resources Ltd (TSX-V:KRL) is kicking off a financing round to raise funds for exploration at its Papua New Guinea property. The private placement includes up to 100 million shares at C$0.02 per share, with a potential gross proceeds of up to C$2 million.
Kainantu Resources Ltd (TSX-V:KRL) told investors it has appointed Dain Currie, a seasoned capital markets professional, as an independent director. Its board of directors now consists of Marcus Engelbrecht, Matthew Salthouse, Geoff Lawrence, David Loretto, and Currie.
Kainantu Resources Ltd (TSX-V:KRL) announced it has acquired 100% control of the Kili Teke gold-copper Project in Papua New Guinea from Harmony Gold (NYSE:HMY) Mining. The moves gives Kainantu full control and ownership of its entire blue-chip portfolio of projects, including Kili Teke, May River, KRL North, and KRL South.