Each one in plain English, with the numbers worked through for a shareholder.
1 May 2026capital raising announcement● Neutral
Confirms the 1,015,286 shares (about 3% of capital) were issued at $0.058, raising A$58,886.59, completing the final placement tranche. Includes the standard cleansing notice.
What it means for a shareholder
1.0m new shares at A$0.058 to raise about A$58,887. That's 2.6% dilution: every existing holder's slice gets 2.6% smaller. If you held A$1,000 of shares (17,241 at the issue price), your slice goes from 0.0455% to 0.0443% of the company. To keep it you'd need 462 more shares - about A$27 at the issue price.
1 May 2026capital raising announcement● NeutralMajor
Key secured binding commitments for a further 1,015,286 shares at $0.058 (about A$58,887), replacing part of the tranche that fell through in February. This uses up its 15% placement capacity under Listing Rule 7.1.
What it means for a shareholder
1.0m new shares at A$0.058 to raise about A$58,887. That's 2.6% dilution: every existing holder's slice gets 2.6% smaller. If you held A$1,000 of shares (17,241 at the issue price), your slice goes from 0.0455% to 0.0443% of the company. To keep it you'd need 462 more shares - about A$27 at the issue price.
Confirms the 3,045,858 April placement shares (about 9% of capital) were issued at $0.058, raising A$176,659.76. Completes the placement announced on 7 April and includes the standard cleansing notice.
Key raised A$176,659.76 by placing 3,045,858 shares at $0.058 with sophisticated investors, the same price as the February placement. Funds are for acquiring assets, maintaining existing assets and working capital. Issue is due by 28 April 2026.
What it means for a shareholder
3.0m new shares at A$0.058 to raise about A$176,660. That's 8.0% dilution: every existing holder's slice gets 8.0% smaller. If you held A$1,000 of shares (17,241 at the issue price), your slice goes from 0.0495% to 0.0455% of the company. To keep it you'd need 1,507 more shares - about A$87 at the issue price.
The remaining 4,399,572 placement shares were not placed with alternative investors by the target date, and no binding agreement exists. That tranche will not proceed. Only the 1,015,286 shares already issued stand from the February placement.
Only the first part of the February placement has settled: 1,015,286 shares at $0.058 raised A$58,886.59. The other 4,399,572 shares (about A$255,000 at that price) lapse because the original subscriber withdrew. Key hopes to place them elsewhere by about 19 March.
What it means for a shareholder
1.0m new shares at A$0.058 to raise about A$58,887. That's 2.9% dilution: every existing holder's slice gets 2.9% smaller. If you held A$1,000 of shares (17,241 at the issue price), your slice goes from 0.0509% to 0.0495% of the company. To keep it you'd need 517 more shares - about A$30 at the issue price.
11 Feb 2026capital raising announcement● NeutralMajor
Key raised A$314,061.77 by placing 5,414,858 shares at $0.058 to two sophisticated investors. Funds are for asset acquisitions, existing assets and working capital. This is the further share issue flagged in the December quarterly.
What it means for a shareholder
5.4m new shares at A$0.058 to raise about A$314,062. That's 14% dilution: every existing holder's slice gets 14% smaller. If you held A$1,000 of shares (17,241 at the issue price), your slice goes from 0.0509% to 0.0439% of the company. To keep it you'd need 2,759 more shares - about A$160 at the issue price.
4 Aug 2025capital raising announcement● NeutralMajor
Key raised A$152,361 by placing 3,627,636 shares at $0.042 to one sophisticated investor, below the $0.062 entitlement price. Funds go to transaction costs, preparatory costs for a 'merger and corporate development strategy', and working capital.
What it means for a shareholder
3.6m new shares at A$0.042 to raise about A$152,361. That's 11% dilution: every existing holder's slice gets 11% smaller. If you held A$1,000 of shares (23,810 at the issue price), your slice goes from 0.0788% to 0.0704% of the company. To keep it you'd need 2,859 more shares - about A$120 at the issue price.
The remaining 2,954,682 shortfall shares were placed on 30 July 2025 for A$183,190, completing the entitlement offer. This resolves the open shortfall; total offer proceeds are about A$312,215, effectively the full target.
The entitlement offer closed with weak take-up: eligible holders applied for 471,874 shares ($29,256) plus 32,785 shortfall shares. A further 1,576,386 shares were placed ($97,736), leaving 2,954,855 shares (about $183,200) unplaced against the $312,225 target.
Key extended the entitlement offer closing date from 28 April to 6 May 2025, citing Easter and ANZAC Day holidays. Price ($0.062) and terms are unchanged; new shares would be issued 13 May.
Updated offer document for the 1-for-5 entitlement offer at $0.062, no longer underwritten, closing 28 April 2025. Repeats the 4 April update; text is truncated.
The entitlement offer opened 8 April 2025 and documents were dispatched. It remains 1-for-5 at $0.062, up to about $312,225, closing 28 April 2025. Administrative follow-up with no new terms.
The entitlement offer is no longer underwritten: the underwriter failed to deposit the $312,225 required, so Key terminated the agreement. Terms are otherwise unchanged ($0.062, 1-for-5) and closing moves to 28 April 2025. The full raise is now not assured.
31 Mar 2025capital raising announcement● NeutralMajor
Key announced a 1-for-5 non-renounceable entitlement offer at $0.062 per share, no discount, to raise up to about $312,225 from 5,035,900 shares. It was fully underwritten by Yan Shifu. Funds are for asset acquisition, permit costs and working capital. Shares on issue are 25,179,502.
Offer document for the 1-for-5 entitlement offer at $0.062 to raise up to about $312,225, with a shortfall facility. Repeats the 31 March announcement; text is truncated.
29 Nov 2024capital raising announcement▲ GoodMajor
Key raised A$255,000 before costs by placing 255,000,000 shares at $0.001 each to China Create Capital Holding Group. The money was for developing its Cooper Basin assets ATP924 and ATP920 and for working capital.
What it means for a shareholder
255m new shares at A$0.001 to raise about A$255,000. That's 10% dilution: every existing holder's slice gets 10% smaller. If you held A$1,000 of shares (1,000,000 at the issue price), your slice goes from 0.0442% to 0.0397% of the company. To keep it you'd need 112,686 more shares - about A$113 at the issue price.
28 Dec 2023capital raising announcement● NeutralMajor
Key raised A$295,000 before costs by placing 295,000,000 shares at $0.001 each to Ms Wanyan Liu. Funds are for Cooper Basin permits, new venture assessment and working capital. At 1,967,928,126 shares (Dec 2020 count), this adds roughly 15% more shares (inference).
What it means for a shareholder
295m new shares at A$0.001 to raise about A$295,000. That's 15% dilution: every existing holder's slice gets 15% smaller. If you held A$1,000 of shares (1,000,000 at the issue price), your slice goes from 0.0584% to 0.0498% of the company. To keep it you'd need 172,389 more shares - about A$172 at the issue price.
Triangle announces the same purchase of Key's L7 and EP 437 interests, plus a A$1.19m placement at A$0.021 per share to fund it. Mostly repeats Key's announcement; the placement is Triangle's, not Key's.
Key completed issue of the 256,686,277 placement shares at $0.0025 ($641,716 before costs) announced on 15 May, with the required cleansing notice. Nothing new beyond completion.
15 May 2020capital raising announcement● NeutralMajor
Key raised $641,716 before costs via a placement of 256,686,277 shares at $0.0025 to institutional and sophisticated investors. Funds go to the oilfield services business, Perth Basin activities and working capital. The price is below the earlier $0.0032 to $0.0071 raisings.
Share purchase plan closing date moved from 25 November to 9 December 2019. Price stays $0.0071 and the limit $30,000 per holder. Shares now issue on 16 December and are quoted on 17 December.
Offer booklet for the share purchase plan already announced on 28 October. Extracted text is largely unreadable, with no usable terms beyond the known plan. Nothing new to report.
28 Oct 2019capital raising announcement● NeutralMajor
Key launched a share purchase plan offering eligible holders up to $30,000 each at $0.0071, a 20% discount to the 5-day average price, capped at $1.5m. Funds are for working capital, Perth Basin drilling and Ace-1 planning. Closes 25 November 2019.
Key placed 9,735,844 shares at $0.0065 to raise $63,282 before costs, for Perth Basin well planning and regulatory approvals. A tiny raise, priced above August's $0.0032 placement.
What it means for a shareholder
9.7m new shares at A$0.0065 to raise about A$63,282. That's 0.578% dilution: every existing holder's slice gets 0.578% smaller. If you held A$1,000 of shares (153,846 at the issue price), your slice goes from 0.00919% to 0.00913% of the company. To keep it you'd need 895 more shares - about A$6 at the issue price.
Key placed shares at $0.0032 to raise up to $400,000 before costs, for Ace-1 and Alfajour-1 preparation and working capital. The price is below March's $0.005 placement, so existing holders are diluted at a lower value.
22 Mar 2019capital raising announcement● NeutralMajor
Key placed 142,103,766 shares at $0.005 to raise $710,518 before costs, for Cooper drilling preparation, Mount Horner and Perth Basin exploration, and working capital. The price is below the roughly $0.009 seen in September 2018.
What it means for a shareholder
142m new shares at A$0.005 to raise about A$710,518. That's 9.2% dilution: every existing holder's slice gets 9.2% smaller. If you held A$1,000 of shares (200,000 at the issue price), your slice goes from 0.0142% to 0.0129% of the company. To keep it you'd need 20,194 more shares - about A$101 at the issue price.
Key arranged a placement of 100 million shares at $0.01 to raise $1.0m, led by Sanlam Private Wealth, with shares due 30 April 2018. Funds go to Cooper Basin commitments and gas marketing, Perth Basin exploration and working capital. Same price as the August 2017 placement.
What it means for a shareholder
100m new shares at A$0.010 to raise about A$1.0m. That's 7.4% dilution: every existing holder's slice gets 7.4% smaller. If you held A$1,000 of shares (100,000 at the issue price), your slice goes from 0.00802% to 0.00742% of the company. To keep it you'd need 8,017 more shares - about A$80 at the issue price.
Key arranged a placement of 100 million shares at $0.01 to raise $1.0m from one sophisticated investor, with shares due 21 August 2017. Funds are for Perth, Canning and Cooper Basin work commitments and working capital. The price is above the $0.004 paid in the February placement.
What it means for a shareholder
100m new shares at A$0.010 to raise about A$1.0m. That's 8.0% dilution: every existing holder's slice gets 8.0% smaller. If you held A$1,000 of shares (100,000 at the issue price), your slice goes from 0.00872% to 0.00802% of the company. To keep it you'd need 8,716 more shares - about A$87 at the issue price.
