KORE POTASH PLC
ASX:KP2MaterialsToday’s holders own 99.0% of what they think they own, once every option and right converts.
3 cash raises in 24 months; 1% of shares in the money
Low because 4 of its 6 signals are quiet.
KORE POTASH PLC's latest share-count filing (ASX market reading) shows 5.18B shares as of November 2025; the filed Appendix 2A series ends earlier, so share-count growth over the window is not stated. In the past 24 months, the company raised capital three times, generating total proceeds of A$12.2M, most recently a A$12.2M placement in November 2025. Options and rights on issue could convert into 50M new shares, a 1.0% overhang relative to current shares, of which 1% are in the money; the nearest expiry is in April 2027. As of its June 2026 quarter, the company had more than 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 4
When did KP2 last raise capital?
The last capital raise in Kore Potash's filings is Placement of $12.2M announced 20 Nov 2025, one of 1 cash raises in 24 months.
How much placement capacity does KP2 have left?
About 57% of the 15% placement capacity left, about 43% 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.
How much cash does KP2 have?
In its quarterly cash report for the quarter ended 30 June 2026, Kore Potash reported $11.0M of cash and estimated 9.5 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do KP2's options expire?
Unexercised options and rights equal 1% of Kore Potash's shares on issue; the nearest expiry is Apr 2027.
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 |
|---|---|---|---|---|
| 26 Nov 2025 | 3G · unquoted | CHESS DEPOSITARY INTERESTS | 553.0M | Appendix 3G |
| 26 Nov 2025 | 2A · quoted issue | KP2 : CHESS DEPOSITARY INTERESTS 1:1 | 592.6M | Appendix 2A |
| 1 Aug 2025 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 635.9M | Appendix 3G |
| 17 June 2025 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 653.7M | Appendix 3G |
| 17 June 2025 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 653.7M | Appendix 3G |
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 (553.0M) need not equal the current count above (5.18B).
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
1 cash raise in the last 24 months · 1 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 / 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 $0.070 today, 50.0M securities are in the money (1.0% of shares on issue). No price up to ten times today’s switches on any more priced supply.
- 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 |
|---|---|---|---|---|---|---|
| KP2AH | Options | Price-triggered | $0.001 | 15 Apr 2027 | 35.0M | Filing |
| KP2AI | Options | Price-triggered | $0.022 | 9 June 2027 | 9.0M | Filing |
| KP2AJ | Options | Price-triggered | $0.019 | 11 June 2028 | 6.0M | 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 |
|---|---|---|---|---|---|---|---|
| 11 June 2025 | David Andrew Hathorn | Other | 11.3M | 11.3M | 9.0M | — | 3Y notice |
| 11 June 2025 | David Netherway | Other | — | 2.0M | — | — | 3Y notice |
| 11 June 2025 | Jonathan Alfred Grey Trollip | Other | — | 2.0M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.