ARIKA RESOURCES LIMITED
ASX:ARIMaterialsShare count grew 98% in 24 months; 5 cash raises in 24 months; runway 4–8 quarters
ARIKA RESOURCES LIMITED's ordinary share count grew 97.5% between October 2024 and June 2026, to 1.22B shares. The company raised capital five times in that period for total disclosed proceeds of A$19.7M, most recently a A$5.7M placement in December 2025. Options and rights on issue could convert into 40M new shares, equal to 3.3% of the current share count, with 0% in the money at the current share price and the nearest expiry in October 2027. At the March 2026 quarter the company reported A$8.2M in available cash, about 4.6 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in August 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 4 June 2026 | 2A · quoted issue | ARI : ORDINARY FULLY PAID | 1.17B | Appendix 2A |
| 4 June 2026 | 2A · quoted issue | ARI : ORDINARY FULLY PAID | 1.22B | Appendix 2A |
| 25 May 2026 | 3H · cancellation | ARI : ORDINARY FULLY PAID | 1.16B | Appendix 3H |
| 25 May 2026 | 3H · cancellation | ARI : ORDINARY FULLY PAID | 1.16B | Appendix 3H |
| 20 Mar 2026 | 3H · cancellation | ARI : ORDINARY FULLY PAID | 1.15B | Appendix 3H |
Capital raises
5 cash raises in the last 24 months · 2 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.