Companies / BUS

BUBALUS RESOURCES LIMITED

ASX:BUSMaterials
69.9M shares on issueASX (delayed) · as of 28 July 2026$0.075price · delayed$5.5Mmarket cap · indicative
C
Dilution grade

Share count grew 92% in 24 months; 3 cash raises in 24 months; options/rights overhang 29% of shares

Cash runway17.3 quarters of funding
Share-count growth (24m)92.2%
Raise cadence (24m)3 cash raises
Options & rights overhang29.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

BUBALUS RESOURCES LIMITED listed in October 2022 and its disclosure history is short. The company’s ordinary share count grew 92.2% between October 2024 and December 2025, to 70M shares. There were three capital raises in the 24‑month window totalling A$4.0M, most recently raising A$1.5M in December 2025. Options and rights could convert into 21M new shares, equal to 29.4% of the current share count, with 0% in the money and the nearest expiry in October 2026. At the June 2026 quarter the company reported A$3.0M cash, representing 17.3 quarters of cover. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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29.4%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
17.3 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 69.9M per ASX (delayed) (28 July 2026).
43.4M53.1M62.8MDec 24Sept 25July 26Cash raise · 1 Dec 2025Cash raise · 31 Mar 2025Cash raise · 10 Dec 2024

Cash runway

17.3 qtrs
More than four quarters of funding at the recent spend rate.
$3.0M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
10 Mar 20263G · unquotedBUS : ORDINARY FULLY PAID69.9MAppendix 3G
11 Dec 20252A · quoted issueBUS : ORDINARY FULLY PAID69.9MAppendix 2A
30 May 20252A · quoted issueBUS : ORDINARY FULLY PAID57.1MAppendix 2A
30 May 20253G · unquotedBUS : ORDINARY FULLY PAID56.4MAppendix 3G
30 May 20252A · quoted issueBUS : ORDINARY FULLY PAID56.7MAppendix 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

3 cash raises in the last 24 months · 1 in the last 12 months

$1.5M
Capital raise
1 Dec 2025
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

29.4%
Total overhang · of current shares
0.0%
In the money · at current price
20.5M
Potential new shares
Oct 2026
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
9 Feb 2026Brendan BorgBuy100k—$10k3Y notice
5 Feb 2026Brendan BorgBuy200k—$20k3Y notice
5 Feb 2026William OliverBuy156k525k$15k3Y 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

22 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
14 June 2026$PBroad Geochemical Anomalies at Tin Creek
22 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
22 Mar 2026$PCompany Update
12 Mar 2026Half Year Accounts
10 Mar 2026Notification regarding unquoted securities - BUS
26 Feb 2026Results of Meeting
13 Feb 2026Response to ASX Appendix 3Y Query
12 Feb 2026Change of Director's Interest Notice BO
9 Feb 2026Change of Director's Interest Notice
5 Feb 2026Change of Director's Interest Notice BB
4 Feb 2026$PGold Bearing System Confirmed at Avon Plains
30 Jan 2026Resignation of Joint Company Secretary
27 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
23 Jan 2026Letter to Shareholders - Notice of General Meeting
23 Jan 2026Notice of General Meeting/Proxy Form
17 Dec 2025$PDrilling Completed at Avon Plains Gold Project
11 Dec 2025Cleansing Notice
11 Dec 2025Application for quotation of securities - BUS
7 Dec 2025$PDrilling Underway at Avon Plains Gold Project

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