Kairos Strengthens Balance Sheet Following Final TSA Payment
Kairos Minerals Ltd (ASX: KAI) has received the final AU$ 10 million payments under its previously agreed tenement transaction with PLS Group Ltd, lifting the Company’s cash balance to approximately AU$ 35 million. The payment completes the total AU$ 20 million considerations associated with the sale of selected tenements linked to the Mt York Gold Project in Western Australia. The milestone payment followed the granting of a mining lease to PLS in January 2026, which also triggered execution of a royalty arrangement covering future production from the lease area. With the transaction now fully settled, Kairos is well-positioned to advance resource growth initiatives and undertake feasibility studies across its remaining Mt York Mining Lease in 2026.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Kairos Strengthens Balance Sheet Following Final TSA Payment
Kairos Minerals Ltd (ASX: KAI) has received the final AU$ 10 million payments under its previously agreed tenement transaction with PLS Group Ltd, lifting the Company’s cash balance to approximately AU$ 35 million. The payment completes the total AU$ 20 million considerations associated with the sale of selected tenements linked to the Mt York Gold Project in Western Australia. The milestone payment followed the granting of a mining lease to PLS in January 2026, which also triggered execution of a royalty arrangement covering future production from the lease area. With the transaction now fully settled, Kairos is well-positioned to advance resource growth initiatives and undertake feasibility studies across its remaining Mt York Mining Lease in 2026.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au