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Kalamazoo Resources Ltd. ( (AU:KZR) ) has provided an announcement.
Kalamazoo Resources has dispatched its Share Purchase Plan (SPP) offer booklet and personalised application forms electronically to eligible shareholders in Australia, New Zealand, Germany and Switzerland, based on a record date of 23 December 2025. Under the SPP, eligible investors can apply for up to $30,000 of new shares at $0.17 per share, representing a 16.4% discount to the 10-day volume-weighted average price prior to the SPP announcement, with the offer scheduled to close on 30 January 2025. The discount pricing and broad geographic eligibility reflect an effort to strengthen the company’s capital base and support ongoing exploration across its gold and base metals portfolio while giving existing shareholders a preferential opportunity to increase their exposure on favourable terms.
The most recent analyst rating on (AU:KZR) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Kalamazoo Resources Ltd. stock, see the AU:KZR Stock Forecast page.
More about Kalamazoo Resources Ltd.
Kalamazoo Resources Limited is an ASX-listed mineral exploration company focused on high-quality gold and base metals projects in Australia, with key assets in the Central Victorian Goldfields and Western Australia’s Pilbara and Murchison regions. Its portfolio includes the 100%-owned 1.44Moz Ashburton Gold Project in the Pilbara and multiple exploration projects near historically significant and large-scale goldfields, positioning the company within some of Australia’s most prospective gold districts.
Average Trading Volume: 753,123
Technical Sentiment Signal: Buy
Current Market Cap: A$59.21M
See more insights into KZR stock on TipRanks’ Stock Analysis page.