Companies / KZR

KALAMAZOO RESOURCES LIMITED

ASX:KZRMaterials
379.8M shares on issueASX (delayed) · as of 28 July 2026$0.13price · delayed$47.5Mmarket cap · indicative
D
Dilution grade

Share count grew 111% in 24 months; 8 cash raises in 24 months; runway 4–8 quarters

Cash runway4.2 quarters of funding
Share-count growth (24m)111.1%
Raise cadence (24m)8 cash raises
Options & rights overhang16.4% of shares
In-the-money supply3.4% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

KALAMAZOO RESOURCES LIMITED's ordinary share count rose 111.1% between May 2024 and July 2026, to 380M shares. The company raised capital eight times in that period for total disclosed proceeds of A$37.2M, most recently a A$8.0M placement in July 2026. Options and rights on issue could convert into 62M new shares, equal to 16.4% of the current share count, of which 3% are in the money at the current share price; the nearest expiry is May 2027. At the March 2026 quarter the company reported A$12.7M in available cash, about 4.2 quarters of funding at its recent spending rate. Three proposed securities issues (Appendix 3B) are pending, the nearest with an expected issue date in September 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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16.4%
Max option dilution
3.4%
ITM option dilution
3
Raises · last 12 months
4.2 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 379.8M per ASX (delayed) (28 July 2026).
238.7M290.5M342.3MDec 24Sept 25July 26Cash raise · 20 July 2026Cash raise · 23 Dec 2025Cash raise · 19 Dec 2025Cash raise · 24 July 2025Cash raise · 24 July 2025Cash raise · 28 Apr 2025Cash raise · 7 Mar 2025Cash raise · 7 Feb 2025

Cash runway

4.2 qtrs
More than four quarters of funding at the recent spend rate.
$12.7M available cash at quarter ended 31 Mar 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 31 Mar 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
23 July 20262A · quoted issueKZR : ORDINARY FULLY PAID379.8MAppendix 2A
2 June 20263G · unquotedKZR : ORDINARY FULLY PAID314.1MAppendix 3G
18 Mar 20263G · unquotedKZR : ORDINARY FULLY PAID314.1MAppendix 3G
18 Mar 20263G · unquotedKZR : ORDINARY FULLY PAID314.1MAppendix 3G
27 Feb 20263H · cancellationKZR : ORDINARY FULLY PAID314.1MAppendix 3H
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

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

$8.0M
Placement
20 July 2026 ACTIVE
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

3 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

16.4%
Total overhang · of current shares
3.4%
In the money · at current price
62.2M
Potential new shares
May 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
2 Apr 2026Benjamin AckermanBuy370k$50k3Y notice
18 Mar 2026Benjamin AckermanOther600k3Y notice
6 Feb 2026Angus John Lawrence MiddletonBuy124k$42k3Y 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

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