BISON RESOURCES LIMITED
ASX:BSRMaterialsToday’s holders own 90.6% of what they think they own, once every option and right converts.
Runway 4–8 quarters; 1 cash raise in 24 months; options/rights overhang 10% of shares
BISON RESOURCES LIMITED's ordinary share count was 66M as of October 2026, unchanged since May 2026. The company raised capital once in that period, an initial public offering in April 2026 raising A$5.5M. Options on issue could convert into 7M new shares, equal to 10.4% of current shares; none are in the money and no expiry date has been filed. Cash position at the June 2026 quarter provides more than 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 4
When did BSR last raise capital?
The last capital raise in Bison Resources's filings is Initial Public Offering of $5.5M announced 16 Apr 2026, one of 1 cash raises in 24 months.
How much cash does BSR have?
In its quarterly cash report for the quarter ended 30 June 2026, Bison Resources reported $5.0M of cash and estimated 7.0 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does BSR have outstanding?
Unexercised options and rights equal 10.4% of Bison Resources's shares on issue.
How much has BSR's share count grown?
Bison Resources has 66.3M shares on issue as at 28 Oct 2026, up 0.0% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 22 Oct 2026 | 2A · quoted issue | BSR : ORDINARY FULLY PAID | 39.7M | Appendix 2A |
| 8 Oct 2026 | 3G · unquoted | ORDINARY FULLY PAID | 36.0M | Appendix 3G |
| 16 July 2026 | 3G · unquoted | BSR : ORDINARY FULLY PAID | 36.0M | Appendix 3G |
| 30 June 2026 | 3G · unquoted | BSR : ORDINARY FULLY PAID | 36.0M | Appendix 3G |
| 17 June 2026 | 3G · unquoted | BSR : ORDINARY FULLY PAID | 36.0M | Appendix 3G |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (39.7M) need not equal the current count above (66.3M).
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
1 cash raise in the last 24 months · 1 in the last 12 months
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- October 2026 · Rock chip assay results (results due)
- by end 2026 · Maiden drilling commencement (to start)
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.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 6.9M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| BSRAE | Performance rights | Condition-triggered | — | — | 6.9M | Filing |
“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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 7 Oct 2026 | Adam Jakovich | Other incentive | — | — | 300k | — | 3Y notice |
| 7 Oct 2026 | Dean Ercegovic | Other incentive | — | — | 300k | — | 3Y notice |
| 7 Oct 2026 | Dennis Lindgren | Other incentive | — | — | 300k | — | 3Y notice |
| 24 Sept 2026 | Dennis Lindgren | Buy on-market | 50k | — | — | $16k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.