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Kali Metals Limited (ASX:KM1)

ALERT: Price-sensitive ASX Announcement for KM1
Current share price for KM1 : $0.105 -0.08 (-43.24%)+
Announcement
Release
6 Feb 2026 9:33AM
Price at Release
$0.185
Full Release
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Summary
Kali Metals Limited (ASX: KM1) announced a successful $7 million placement to advance its Marble Bar Gold Project. The funds, raised through the issuance of 39 million new shares at $0.18 each, will support the Phase II drill program at Marble Bar and exploration at the Higginsville Lithium Project. This capital injection follows promising initial high-grade results at Marble Bar, and the company aims to further define the gold system. The placement, managed by Argonaut Securities, attracted strong support from both new and existing institutional investors.
Key Points
  • $7 million placement secured
  • 39 million new shares at $0.18 each
  • Funds for Marble Bar Gold Project and Higginsville Lithium Project
  • Phase II drill program at Marble Bar
  • Strong institutional investor support
  • Managed by Argonaut Securities
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.