- Mighty Craft (MCL) and subsidiary Kangaroo Island Spirits (KIS) have received $500,000 from the South Australian Tourism Commission (SATC) to develop its new distillery
- The companies intend to use the grant to upgrade the Kangaroo Island Distillery in Cygnet River, Kangaroo Island
- The development plans said to include an improved cellar door and an immersive experience at the distillery, which will showcase the KIS brand
- The planned upgrades will improve the distillery’s cellar door, add an immersive experience at the distillery and bring production capacity to more than 200,000 bottles
- The SATC also says Kangaroo Island isa premium tourism destination in South Australia, and this project will promote the region and attract additional visitors
- Mighty Craft trading flat at 35 cents a share
