Aug 30 (Reuters) - KGL Resources Ltd KGL.AX :
* SHARE PURCHASE PLAN TO RAISE $2M AT 33 CENTS PER SHARE TO FOLLOW, ALLOWING ALL CURRENT SHAREHOLDERS TO PARTICIPATE
* PLACEMENT TO FUND RESUMPTION OF EXPLORATION OF HIGH POTENTIAL AREAS AND TO EXTEND AND UPGRADE RESOURCES
* UNDERTAKING CAPITAL RAISING VIA A PLACEMENT TO RAISE ABOUT $5.7 MILLION AT 38 CENTS PER SHARE