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Kalamazoo Resources Ltd. ( (AU:KZR) ) just unveiled an update.
Kalamazoo Resources Limited has announced a proposed placement of up to 47,058,824 new fully paid ordinary shares, with an expected issue date of 7 January 2026. The equity raising, disclosed via an Appendix 3B filing to the ASX, signals the company’s intention to bolster its capital base, which may support ongoing operations or growth initiatives and could result in share dilution for existing investors while potentially strengthening its financial position for future activities.
The most recent analyst rating on (AU:KZR) stock is a Hold with a A$0.19 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 Australian-listed resources company trading under the ASX code KZR. The company operates in the mining and exploration industry, though this filing does not specify its particular commodities or project locations, and is focused on funding its activities through equity capital raisings on the ASX.
Average Trading Volume: 773,249
Technical Sentiment Signal: Buy
Current Market Cap: A$47.14M
Find detailed analytics on KZR stock on TipRanks’ Stock Analysis page.