Companies / KP2

KORE POTASH PLC

ASX:KP2Materials
5.18B shares on issueASX (delayed) · as of 28 July 2026$0.060price · delayed$305.4Mmarket cap · indicative
B
Dilution grade

3 cash raises in 24 months; options/rights overhang 12% of shares; 1% of shares in the money

Cash runway9.2 quarters of funding
Share-count growth (24m)-16.9%
Raise cadence (24m)3 cash raisesexcludes announced events with no matching share-issuance (Appendix 2A) filing
Options & rights overhang12.4% of shares
In-the-money supply1.0% of shares
Pending proposed issuesnone

KORE POTASH PLC's ordinary share count declined 16.9% between July 2024 and November 2025, to 593M shares. The company completed three capital raises in the 24-month window, with total disclosed proceeds of A$12.2M and the most recent raise recorded in November 2025. Options and rights on issue could convert into 643M new shares, equal to 12.4% of the current share count, of which 1% are in the money at the current share price; the nearest expiry is April 2027. At the June 2026 quarter the company reported A$7.3M in cash, representing 9.2 quarters of cover. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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12.4%
Max option dilution
1.0%
ITM option dilution
2
Raises · last 12 months
9.2 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 5.18B per ASX (delayed) (28 July 2026).
4.55B4.78B5.01BDec 24Sept 25July 26Cash raise · 20 Nov 2025Cash raise · 19 Nov 2025

Cash runway

9.2 qtrs
More than four quarters of funding at the recent spend rate.
$7.3M available cash at quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
26 Nov 20253G · unquotedCHESS DEPOSITARY INTERESTS553.0MAppendix 3G
26 Nov 20252A · quoted issueKP2 : CHESS DEPOSITARY INTERESTS 1:1592.6MAppendix 2A
1 Aug 20253G · unquotedCHESS DEPOSITARY INTERESTS 1:1635.9MAppendix 3G
17 June 20253G · unquotedCHESS DEPOSITARY INTERESTS 1:1653.7MAppendix 3G
17 June 20253G · unquotedCHESS DEPOSITARY INTERESTS 1:1653.7MAppendix 3G
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

3 cash raises in the last 24 months · 2 in the last 12 months

—
Capital raise
20 Nov 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

12.4%
Total overhang · of current shares
1.0%
In the money · at current price
642.6M
Potential new shares
Apr 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
11 June 2025Jonathan Alfred Grey TrollipOther—2.0M—3Y notice
11 June 2025David Andrew HathornOther11.3M11.3M—3Y notice
11 June 2025David NetherwayOther—2.0M—3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

28 July 2026$PQuarterly Activities and Cashflow Report
7 July 2026Statement of CDIs on issue - KP2
30 June 2026Result of AGM
30 June 2026$PAGM Statement - Update on Formal Sale Process
26 June 2026Remote Access to 2026 AGM
5 June 2026Statement of CDIs on issue - KP2
2 June 2026Notice of Annual General Meeting including Proxy Form
27 May 2026$PExtension of Cleansing Prospectus Offer Period
6 May 2026Statement of CDIs on issue - KP2
30 Apr 2026$PQuarterly Activities and Cashflow Report
8 Apr 2026Statement of CDIs on issue - KP2
25 Mar 2026Appendix 4G
25 Mar 2026Annual Report to Shareholders
5 Mar 2026Statement of CDIs on issue - KP2
1 Mar 2026$PAcquisition of interest in SPSA
1 Mar 2026$PUpdate on Formal Sale Process
6 Feb 2026Statement of CDIs on issue - KP2
30 Jan 2026$PQuarterly Activities and Cashflow Report
29 Jan 2026$PExtension of Cleansing Prospectus Offer Period
6 Jan 2026Statement of CDIs on issue - KP2

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.