KINCORA COPPER LIMITED
ASX:KCCMaterialsToday’s holders own 70.8% of what they think they own, once every option and right converts.
3 cash raises in 24 months; options/rights overhang 41% of shares; 9% of shares in the money
KINCORA COPPER LIMITED's ordinary share count stands at 48M as of October 2026. The company underwent a 1-for-10 share consolidation in August 2025. In the past 24 months, it raised capital three times for total proceeds of A$8.4M, most recently a A$4.0M placement in February 2026. Options and rights on issue could convert into 20M new shares, equivalent to 41.1% of the current share count, of which 9% are in the money at the current share price; the nearest expiry is December 2026. The company does not have a current quarterly or half-year cash report runway figure on record. Two proposed securities issues (Appendix 3B) are pending, with an expected date of November 2026.
Quick answers · 3
Is KCC raising capital?
Kincora Copper has 2 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $4.0M on 27 Feb 2026.
How much placement capacity does KCC have left?
About 59% of the 15% placement capacity left, about 41% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
When do KCC's options expire?
Unexercised options and rights equal 41.1% of Kincora Copper's shares on issue; the nearest expiry is Dec 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 9 Oct 2026 | 2A · quoted issue | KCC : CHESS DEPOSITARY INTERESTS 1:1 | 20.7M | Appendix 2A |
| 23 Sept 2026 | 3G · unquoted | KCC : CHESS DEPOSITARY INTERESTS 1:1 | 20.8M | Appendix 3G |
| 16 Sept 2026 | 3G · unquoted | KCC : CHESS DEPOSITARY INTERESTS 1:1 | 20.8M | Appendix 3G |
| 9 July 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 21.3M | Appendix 3G |
| 3 July 2026 | 3H · cancellation | KCC : CHESS DEPOSITARY INTERESTS 1:1 | 21.6M | Appendix 3H |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (20.7M) need not equal the current count above (48.2M).
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
3 cash raises in the last 24 months · 1 in the last 12 months
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- by end 2026 · Assay results availability (results due)
- by end 2026 · Drilling update (planned)
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 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.86 today, 4.2M securities are in the money (8.8% of shares on issue) — a floor, because an exercise price is on record for only 23.6% of this supply. No more priced supply until 1.25× today’s price, which takes it to 4.6M (9.5% 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.
- 15.1M (76.4% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| KCCAQ | Options | Price-triggered | $0.75 | 19 Dec 2026 | 1.5M | Filing |
| KCCAS | Options | Price-triggered | $0.75 | 2 Sept 2027 | 130k | Filing |
| KCCAU | Options | Price-triggered | $1.35 | 1 Mar 2028 | 78k | Filing |
| KCCAV | Options | Price-triggered | $0.97 | 30 Apr 2028 | 150k | Filing |
| KCCAT | Options | Price-triggered | $0.50 | 7 July 2028 | 2.6M | Filing |
| KCCO | Options | Price-triggered, no exercise price stated | — | 26 Mar 2029 | 2.4M | Filing |
| KCCAW | Options | Price-triggered | $0.95 | 15 May 2031 | 230k | Filing |
| KCCAR | Warrants | Price-triggered, no exercise price stated | — | — | 12.8M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 28 Aug 2026 | John Holliday | Sell on-market | — | — | — | $11k | 3Y notice |
| 31 May 2026 | Cameron McRae | Sell | — | 400k | — | — | 3Y notice |
| 31 May 2026 | John Holliday | Sell | — | 240k | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.