Feb 22 (Reuters) - KGL Resources Ltd KGL.AX :
* EQUITY RAISING TO RAISE APPROX $23.77 MILLION
* PROCEEDS FROM EQUITY RAISING WILL BE APPLIED TO FURTHER DEVELOPING KGL'S JERVOIS COPPER PROJECT
Feb 22 (Reuters) - KGL Resources Ltd KGL.AX :
* EQUITY RAISING TO RAISE APPROX $23.77 MILLION
* PROCEEDS FROM EQUITY RAISING WILL BE APPLIED TO FURTHER DEVELOPING KGL'S JERVOIS COPPER PROJECT