|Bid||0.040 x 0|
|Ask||0.050 x 0|
|Day's Range||0.0350 - 0.0350|
|52 Week Range||0.0350 - 0.0700|
|Beta (3Y Monthly)||-0.12|
|PE Ratio (TTM)||17.50|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
NATCHEZ, MS, Jan. 10, 2019 /CNW/ - KFG Resources Ltd. ("KFG" or the "Company") is pleased to announce that the TSX Venture Exchange ("TSX-V") has accepted the Company's notice of intention to make a normal course issuer bid (the "NCIB") for common shares in the capital of the Company (the "Common Shares") through the facilities of the TSX-V. The Company intends to purchase, from time to time as it considers advisable over the 12-month period of the NCIB program, an aggregate of 2,500,000 Common Shares, representing approximately 5% of the Company's issued and outstanding Common Shares and approximately 6.15% of the Company's "public float" (as such term is defined under the TSX-V Corporate Finance Manual). The Company may commence the NCIB on January 15, 2019 and the NCIB will terminate on the earlier of the Company purchasing a total of 2,500,000 Common Shares, the Company providing a notice of termination, or the date that is 12 months following the commencement date.
KFG Resources Ltd (CVE:KFG), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is KFG Read More...
NATCHEZ, Miss. , Sept. 20, 2018 /CNW/ -- Robert A. Kadane, President of KFG Resources Ltd., reported today that the Company's subsidiary, KFG Petroleum Corp., Natchez, MS , is moving in and rigging up ...
NATCHEZ, Miss. , Sept. 11, 2018 /CNW/ -- As previously reported, the Company's Barnum lease, Adams County, MS , paid out in July 2018 and KFG's working interest increased from 9% to 22.5%. The Barnum ...