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Kalium Lakes Advances Recapitalisation Amid Ongoing ASX Suspension
4:12pm on Friday 31st of January, 2025 AEDT
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Mining
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Kalium Lakes Advances Recapitalisation Amid Ongoing ASX Suspension
4:12pm on Friday 31st of January, 2025 AEDT
Key Points
Recapitalisation proposal accepted and implemented in early 2024
Major shareholder ST Holding 1 Pty Ltd provides interest-free loans to support working capital
Beyondie mine placed into care and maintenance with subsidiaries liquidated
Share consolidation and new share issuance completed, reducing total shares to under 100 million
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