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Killi Resources Limited (ASX:KLI)

ALERT: Price-sensitive ASX Announcement for KLI
Current share price for KLI : $0.295 0.095 (47.50%)+
Announcement
Release
31 Jul 2026 12:14PM
Price at Release
$0.200
Full Release
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Summary
Killi Resources Limited reported its quarterly activities and financial results for the period ending in June 2026. The company raised $15 million through a two-tranche placement to fund its exploration and development projects, including those at the Lodestone Iron Ore Project. Notable activities during the quarter included the conversion of options to shares, raising an additional $2.3 million, and the acquisition of an 80% interest in the Lodestone Iron Ore Project. Killi's exploration at the West Tanami project continued with further geophysical surveys planned. At the end of the quarter, Killi held cash reserves of $14.7 million, with expected quarters of funding available estimated at 27.19 quarters.
Key Points
  • Killi secured $15 million through a two-tranche placement.
  • Funds will support Lodestone Iron Ore Project and other activities.
  • 11,549,700 options were converted to shares, raising $2.3 million.
  • Acquisition of 80% interest in Lodestone Iron Ore Project.
  • Cash reserves of $14.7 million at the end of the quarter.
  • Expected quarters of funding available estimated at 27.19.
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.