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Kairos Minerals Limited (ASX:KAI)

ALERT: Price-sensitive ASX Announcement for KAI
Current share price for KAI : $0.710 0.671 (1,720.51%)+
Announcement
Release
26 Feb 2026 9:28AM
Price at Release
$0.039
Full Release
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Summary
Kairos Minerals Limited has announced an Extraordinary General Meeting scheduled for 30 March 2026, where shareholders will discuss significant changes for the company, including a name change to Pilbara Gold Limited and a consolidation of its capital on a 15 to 1 basis. These changes align with the company's future focus on gold production at its Pilbara-based Mt York Project. The meeting will also seek shareholder approval for the ratification of previously issued placement shares and the issuance of consideration securities as part of the acquisition of the Pincunah Project. Petra Capital Pty Ltd has been engaged as the lead manager for the placement, which aims to raise approximately $27 million.
Key Points
  • Kairos Minerals Limited to be renamed Pilbara Gold Limited.
  • Extraordinary General Meeting scheduled for 30 March 2026.
  • Proposed consolidation of capital on a 15 to 1 basis.
  • Change of company name to reflect future mining ambitions.
  • Engagement of Petra Capital Pty Ltd for placement management.
  • Shareholders to vote on ratification of placement shares.
  • Consideration securities to be issued for acquisition of Pincunah Project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.