18 Aug 2025other● Neutral
Second pause in trading on 18 August, pending a further announcement. No reason is given in the notice itself.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Aug 2025other● Neutral
ASX pauses trading in KLR shares pending a further announcement. No reason is given in this notice.
18 Aug 2025price query● Neutral
ASX queried a share price move from $0.0041 to $0.35 on heavy volume. KLR said it knew of no undisclosed information and suggested the 15 August drilling approval announcement, amid interest in critical minerals, may have drawn investors.
15 Aug 2025regulatory community update▲ GoodMajor
South Australia's mines department approved the environmental programs for road-verge aircore drilling at Lameroo, Karte and Coodalya, ending the wait since early 2025. Holes up to 20 m deep will test for rare earths; a driller is still being engaged, no start date yet.
7 Aug 2025director officer appointment● NeutralMajor
Jianzhong Yang is appointed Chairman with immediate effect. He controls Kaili Holdings, which holds 8.96% and agreed in March 2025 to fund operations. This completes the board reshuffle after the Yitai-linked directors left.
6 Aug 2025director officer appointment● Neutral
Patrick Sam Yue, a chartered accountant with 35 years' experience, joins as Non-Executive Director and Company Secretary. Jing Li resigns as director; Long Zhao stays as executive director but leaves the secretary role.
5 Aug 2025director officer appointment● Neutral
Chairman Jialin Yang and director Rong Jin, both appointed December 2024 from Yitai Group, resigned on 5 August 2025. No reason is given in the text.
28 July 2025quarterly activities report● Neutral
June 2025 quarter: the three Limestone Coast tenements (given as 1,989 km2) await South Australian environmental approval, so planned drilling did not start in the quarter. No exploration at Kovacs, still awaiting grant. No new results.
30 Apr 2025quarterly activities report▼ BadMajor
March 2025 quarter: Holey Dam was surrendered after February 2025 assays showed too little rare earth to justify more work. Remaining focus is the three Limestone Coast tenements, where approval for road-verge drilling is being sought for the June quarter.
27 Mar 2025annual report▼ BadMajor
2024 annual report: Yitai's interest-free loans total $4.6m. On 25 March 2025 Yitai stopped ongoing funding but extended repayment to 1 April 2026. Kaili Holdings (8.96%, controlled by director Jianzhong Yang) will fund operations for 12 months. Holey Dam was surrendered in March 2025.
27 Mar 2025other● Neutral
Appendix 4G corporate governance checklist lodged with the annual report, dated 27 March 2025. Administrative; no operational or financial substance.
19 Feb 2025drilling scheduled● Neutral
Roadside traverses are complete across Lameroo, Karte and Coodalya, and council road-verge drill sites are selected. Planned shallow aircore holes up to 20 m deep still need South Australian government environmental approval before drilling. This is the Phase 2 preparation flagged earlier.
31 Jan 2025quarterly activities report● Neutral
December 2024 quarter: no field work. Halls Creek and Canegrass were surrendered in October 2024 to stop costs. Plans are being made for drilling approvals on the three Limestone Coast tenements, subject to financing; Holey Dam is kept and Kovacs still awaits grant.
6 Dec 2024agm notice● Neutral
Notice of the 2024 AGM, to be held 30 December 2024 in Sydney. Shareholders vote on electing Jing Li, Jialin Yang and Rong Jin as directors, and on appointing auditor John Shute. Administrative.
5 Dec 2024director officer appointment● NeutralMajor
Board change: Jialin Yang becomes Non-Executive Chairman and Rong Jin a Non-Executive Director, both Yitai Group executives. Chairman Donghai Zhang and director Chunlin Liu resign. Control stays with the Yitai side.
7 Nov 2024agm notice● Neutral
Administrative notice: the AGM is planned for 18 December 2024, with director nominations closing 14 November 2024. No other substance. (The later formal notice sets a different date.)
7 Nov 2024investor presentation● Neutral
Investor presentation restating operations: Holey Dam and the three Limestone Coast rare earth tenements, plus the pending Kovacs application. Notes Canegrass was relinquished in October 2024. Total tenement area is shown as 2,287 km2. No new results.
31 Oct 2024quarterly activities report▼ BadMajor
September 2024 quarter: after parent Yitai decided to end its debt financing facilities by 1 April 2025, the company reviewed strategy. The four Halls Creek tenements and Canegrass were surrendered in October 2024; focus stays on the Limestone Coast and Holey Dam rare earths, subject to funding.
13 Sept 2024half year report● Neutral
Half-year report to 30 June 2024, mostly restating operations: Lameroo drilling, new tenements and Phase 2 preparation, plus Holey Dam pXRF work. Financial figures not seen in the text provided.
30 July 2024quarterly activities report● Neutral
June 2024 quarter: the company is preparing a larger Phase 2 drill program across the three South Australian tenements and further pXRF scanning at Holey Dam. It says its focus at Holey Dam has changed from gold to rare earths. No new results; cash not seen in text.
29 Apr 2024quarterly activities report● Neutral
March 2024 quarter: restates the grant of Karte and Coodalya (total 1,985 km2) and the Lameroo 40-hole, 800 m drilling with best result 356 ppm TREO. Results will guide further drilling; pXRF work continues at Holey Dam and Canegrass. Cash not seen in text.
28 Mar 2024annual report● Neutral
2023 annual report: the chairman says Canegrass and Holey Dam gold results do not justify more gold spending, so rare earths are pursued at Holey Dam. Yitai's interest-free loan support is extended to April 2025, so no equity raising is sought. Halls Creek licences renewed to 2028.
28 Mar 2024other● Neutral
Appendix 4G corporate governance checklist lodged with the annual report, dated 28 March 2024. Administrative; no operational or financial substance.
25 Mar 2024drilling result● NeutralMajor
First Lameroo aircore results from 40 holes were low: best 1 m @ 356 ppm TREO, then 271 ppm and 228 ppm. Magnetic rare earths average 17% of the total. Results are used to plan later drilling.
19 Feb 2024regulatory community update▲ GoodMajor
Two new South Australian rare earth licences were granted for six years to February 2030: Karte (590 km2) and Coodalya (408 km2). Combined with Lameroo, the Limestone Coast holding becomes 1,985 km2, all 100%. Lameroo drill results still awaited.
7 Feb 2024drilling progress report● Neutral
Lameroo aircore drilling finished: 40 holes to 20 m each, 800 m total. Samples go to ALS in Adelaide for rare earth assay and results will be announced. No assays yet.
5 Feb 2024drilling spud● Neutral
Aircore drilling for rare earths began at Lameroo EL 6856 on Saturday 3 February 2024, 800 m in total with holes up to 20 m deep. This is the program planned since the 2023 drill-site identification; assays to follow.
31 Jan 2024quarterly activities report● Neutral
December 2023 quarter: restates the Holey Dam re-sampling results and pXRF scanning of aircore samples. Lameroo 800 m aircore drilling is prepared for Q1 2024 and two new SA tenements applied for. Halls Creek tenements renewed to August 2028; no field work. Cash not seen in text.
20 Nov 2023drilling result▲ GoodMajor
Single-metre re-sampling at Holey Dam gave rare earth oxide results up to 866 ppm over 1 m, with 6 m @ 641 ppm in HDRC001 and 5 m @ 628 ppm in HDRC002. Magnetic rare earths are 20-30% of samples. Focus shifts from gold to rare earths; shallower areas to be aircore drilled.
31 Oct 2023quarterly activities report● Neutral
September 2023 quarter: restates the October RC results (Holey Dam rare earths, Canegrass zinc and gold). Plans are a Holey Dam soil follow-up and a 1,000 m aircore program at Lameroo in the December quarter.