KalNorth – REMOVAL FROM ASX OFFICIAL LIST

KalNorth Gold Mines Limited (ASX:KGM) advises that as of the close of trading today, Wednesday August 24, 2022the Company will be removed from the official list of the ASX (”Delisting”).

The delisting is a consequence of the Company’s securities having been suspended from trading on ASX for the past two years.

Following the delisting, all existing shareholders who hold their KGM shares through CHESS will have their holdings converted to issuer-sponsored shares. There will be no change for shareholders whose holdings are already sponsored by the issuer.

The Company will be mailing issuer-sponsored updated holding statements to all shareholders in the near future. In order to reduce costs, the administrative burden and to avoid delays linked to the ordinary postal service, the directors are asking all shareholders to opt for electronic communication in the future. This will allow the Company to communicate with shareholders quickly and inexpensively. The Company will mail instructions on how to opt in to electronic communication. The Directors continue to assess new business opportunities and with net liquidity of just over $15 million, the Company is well positioned to take advantage of appropriate opportunities. Updates will be posted on the Company’s website at www.kalnorthgoldmines.com.

Contact:

Tel: +61 8 9380 6789

Web: www.kalnorthgoldmines.com

(C) 2022 electronic news edition, source ENP Newswire

About William J. Harris

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