KALGOORLIE GOLD MINING LIMITED
ASX:KALMaterialsToday’s holders own 76.0% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 106% in 24 months; options/rights overhang 32% of shares
KALGOORLIE GOLD MINING LIMITED's ordinary share count grew 106.0% between September 2024 and January 2026, reaching 456M shares. The company had two capital raises in the past 24 months, totalling A$4.0M. The most recent raise was a A$4.0M placement in March 2025. At present, there is potential for 144M new shares from options, representing 31.5% of the current share count, with no options currently in the money. The nearest expiry date for these options is October 2026. As of June 2026, the company reported A$924K in available cash, which covers approximately 0.8 quarters of its operating expenses. No proposed securities issues are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 15 Jan 2026 | 2A · quoted issue | KAL : ORDINARY FULLY PAID | 455.9M | Appendix 2A |
| 8 Dec 2025 | 2A · quoted issue | KAL : ORDINARY FULLY PAID | 455.8M | Appendix 2A |
| 5 Dec 2025 | 3G · unquoted | KAL : ORDINARY FULLY PAID | 455.4M | Appendix 3G |
| 27 Oct 2025 | 2A · quoted issue | KAL : ORDINARY FULLY PAID | 455.4M | Appendix 2A |
| 20 Oct 2025 | 2A · quoted issue | KAL : ORDINARY FULLY PAID | 454.9M | Appendix 2A |
Capital raises
2 cash raises in the last 24 months · 0 in the last 12 months
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.023 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 11.8M (2.6% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| KALAJ | Options | Price-triggered | $0.032 | 1 Oct 2026 | 11.8M | Filing |
| KALAI | Options | Price-triggered | $0.060 | 24 Nov 2026 | 10.0M | Filing |
| KALAL | Options | Price-triggered | $0.060 | 1 Oct 2027 | 107.1M | Filing |
| KALAM | Options | Price-triggered | $0.085 | 5 Dec 2027 | 10.3M | Filing |
| KALAK | Options | Price-triggered | $0.15 | 19 Mar 2028 | 4.5M | Filing |
“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 5 Dec 2025 | Andrew Penkethman | Other | — | 1.5M | — | $55k | 3Y notice |
| 5 Dec 2025 | Matthew Painter | Other | — | 3.0M | — | $109k | 3Y notice |
| 5 Dec 2025 | Pauline Gately | Other | — | 2.0M | — | $73k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.