KLL 0.00% $7.28 kalium lakes limited

Ann: Project Update and A$61 million Equity Raising, page-5

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    the Entitlement Offer, eligible shareholders are invited to subscribe for 5 New Shares for every 7 existing Shares held as at 5:00pm (WST) on Monday, could someoneexplain this as lm a novice?cheers
 
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