Companies / BOA

BOA RESOURCES LTD

ASX:BOAMaterials
290.6M shares on issueASX (delayed) · snapshot 11 Sept 2026295.6M fully diluted+1.7% if every option and right converts$0.069price · delayed$20.1Mmarket cap · indicative

Today’s holders own 98.3% of what they think they own, once every option and right converts.

Moderate
Dilution risk

Share count grew 136% in 24 months; runway 4–8 quarters; 2 cash raises in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway5.2 quarters of funding
Share-count growth (24m)135.6%
Raise cadence (24m)2 cash raises
Options & rights overhang1.7% of shares
In-the-money supply1.7% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

BOA RESOURCES LTD's ordinary share count increased 135.6% between March 2024 and January 2026, reaching 291M shares. In the past 24 months, the company completed two capital raises totalling A$4.2M, with the most recent being a A$432K placement in November 2025. Options and rights on issue could convert into 5M new shares, representing 1.7% of the current share count, with 2% in the money and the nearest expiry in January 2029. As of June 2026, BOA RESOURCES LTD held A$2.1M in cash, sufficient for approximately 5.2 quarters of operations. There are no proposed securities issues pending.

AI-generated summary of this page's cited filings · updated 7 Sept 2026
Get told when this changes
Set up alerts
Daily email alerts cover risk-level moves, new raises, pending proposed issues and option expiries for the companies you follow.
1.7%
Options & rights overhang
1.7%
In-the-money supply
2
Raises · last 12 months
5.2 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 290.6M per ASX (delayed) (snapshot 11 Sept 2026).
289M290M291M292MJan 26May 26Sept 26290.6M

Cash runway

5.2 qtrs
More than four quarters of funding at the recent spend rate.
Funds operations to about Oct 2027 at the reported spend rate.
$2.1M cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $2.4M cash at quarter end (item 4.6), 6.0 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
Free account
11 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
30 June 20263H · cancellationBOA : ORDINARY FULLY PAID290.6MAppendix 3H
21 Jan 20262A · quoted issueBOA : ORDINARY FULLY PAID290.6MAppendix 2A
21 Jan 20263G · unquotedBOA : ORDINARY FULLY PAID140.6MAppendix 3G
26 Nov 20252A · quoted issueBOA : ORDINARY FULLY PAID140.6MAppendix 2A
1 July 20253H · cancellationBOA : ORDINARY FULLY PAID123.4MAppendix 3H
Free account
6 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Capital raises

2 cash raises in the last 24 months · 2 in the last 12 months

$432k
Placement
24 Nov 2025 COMPLETE
Free account
3 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Forward supply

Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.

Free account
1 dated event on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

About 7% of the 15% placement capacity left — about 93% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.
Free account
Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

1.7%
Options & rights overhang · of current shares
1.7%
In-the-money supply · at current price
5.0M
Potential new shares
Jan 2029
Nearest expiry
What a price move would switch on
2.5M5.0M$0.069 now0.25× today ($0.017) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.035) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.052) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.069) — 5.0M of the priced supply in the money, 1.7% of shares on issue1.25× today ($0.086) — 5.0M of the priced supply in the money, 1.7% of shares on issue1.5× today ($0.104) — 5.0M of the priced supply in the money, 1.7% of shares on issue2× today ($0.138) — 5.0M of the priced supply in the money, 1.7% of shares on issue3× today ($0.207) — 5.0M of the priced supply in the money, 1.7% of shares on issue5× today ($0.345) — 5.0M of the priced supply in the money, 1.7% of shares on issue10× today ($0.690) — 5.0M of the priced supply in the money, 1.7% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.069 today, 5.0M securities are in the money (1.7% of shares on issue). No price up to ten times today’s switches on any more priced supply.

  • Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
CodeSecurityTypeExercise priceExpiryOn issueSource
BOAANOptionsPrice-triggered$0.06022 Jan 20295.0MFiling

“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column.

Free account
1 option line on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
30 June 2026Catherine NormanBuy on-market290k——$20k3Y notice
26 June 2026Mark TomlinsonBuy on-market1.6M——$109k3Y notice
22 Jan 2026GRAEME PURCELLBuy placement800k——$20k3Y notice
22 Jan 2026MARK TOMLINSONBuy placement3.0M——$75k3Y notice
Free account
6 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

8 Sept 2026General Meeting Shareholder Access Letter
8 Sept 2026Sample Proxy Form General Meeting 12 October 2026
8 Sept 2026$PNotice of General Meeting
23 Aug 2026Presentation - RIU Resources Investor Roadshow 2026
4 Aug 2026Drilling commences at Ricci Lee copper prospect, WA
24 July 2026$PJune 2026 - Appendix 5B
24 July 2026$PJune 2026 Quarterly Activities Report
23 July 2026Change of Auditor
22 July 2026$PBOA Drill Ready at Neds Creek Copper Project
6 July 2026Details of Company Address
2 July 2026Change of Director's Interest Notice - Mark Tomlinson
1 July 2026Change of Director's Interest Notice - Catherine Norman
30 June 2026$PBOA appoints Graeme Purcell as Managing Director
30 June 2026Notification of cessation of securities - BOA
29 June 2026BOA Investor Webinar
25 June 2026$PPresentation Acquisition of Neds Creek Copper Deposits
25 June 2026$PReinstatement to Quotation
25 June 2026Proposed issue of securities - BOA
25 June 2026$PBOA Acquires Copper Deposits in the Neds Creek Project, WA
23 June 2026Request for Extension of Voluntary Suspension

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.