Companies / ALB

ALBION RESOURCES LIMITED

ASX:ALBMaterials
145.2M shares on issueASX (delayed) · as of 28 July 2026$0.042price · delayed$6.1Mmarket cap · indicative
C
Dilution grade

Share count grew 78% in 24 months; options/rights overhang 45% of shares

Cash runway8.4 quarters of funding
Share-count growth (24m)78.0%
Raise cadence (24m)0 cash raises
Options & rights overhang44.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

ALBION RESOURCES LIMITED's ordinary share count rose 78.0% between December 2024 and May 2026, to 145M shares. The company did not raise capital in the 24‑month window reported. Options and rights on issue could convert into 65M new shares, equal to 44.8% of the current share count, with 0% in the money at the current price and the nearest expiry in January 2028. At the March 2026 quarter the company reported A$2.3M in available cash, representing 8.4 quarters of cover at its recent spending rate. No proposed securities issues (Appendix 3B) are currently pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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44.8%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
8.4 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 145.2M per ASX (delayed) (28 July 2026).
82.0M105.2M128.4MDec 24Sept 25July 26

Cash runway

8.4 qtrs
More than four quarters of funding at the recent spend rate.
$2.3M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
28 May 20263G · unquotedALB : ORDINARY FULLY PAID142.2MAppendix 3G
28 May 20262A · quoted issueALB : ORDINARY FULLY PAID145.2MAppendix 2A
20 Nov 20253G · unquotedALB : ORDINARY FULLY PAID142.2MAppendix 3G
20 Nov 20253H · cancellationALB : ORDINARY FULLY PAID142.2MAppendix 3H
18 Aug 20252A · quoted issueALB : ORDINARY FULLY PAID142.2MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

No equity raises in the last 24 months.
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

44.8%
Total overhang · of current shares
0.0%
In the money · at current price
65.0M
Potential new shares
Jan 2028
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
20 Nov 2025David PalumboOther—5.0M$5003Y notice
20 Nov 2025Steven FormicaOther—5.0M$5003Y notice
20 Nov 2025Christopher TuckwellOther—5.0M$5003Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

8 June 2026$PEight New Gold Targets Related to 19km of Shear Corridors
28 May 2026Completion of Gidgee Gold Project Acquisition
28 May 2026Notice Under Section 708A
28 May 2026Notification regarding unquoted securities - ALB
28 May 2026Application for quotation of securities - ALB
28 Apr 2026$PAlbion Exercises Option to Acquire the Gidgee Gold Project
24 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
12 Mar 2026Half Year Accounts
1 Mar 2026Proposed issue of securities - ALB
1 Mar 2026$PAlbion Secures Option to Acquire Gidgee Gold Project
29 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
20 Nov 2025Change of Director's Interest Notice x 3
20 Nov 2025Notification regarding unquoted securities - ALB
20 Nov 2025Notification of cessation of securities - ALB
18 Nov 2025$PIP Anomaly - Ives North Highest-Priority Drill Target
13 Nov 2025Results of AGM
4 Nov 2025$PGradient Array IP Survey Commences at Yandal West
28 Oct 2025$PQuarterly Activities/Appendix 5B Cash Flow Report
26 Oct 2025$PUndrilled Multi-Kilometre Gold Corridor at Ives North
13 Oct 2025Proposed issue of securities - ALB

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.