CANYON RESOURCES LIMITED
ASX:CAYMaterialsToday’s holders own 99.3% of what they think they own, once every option and right converts.
Share count grew 46% in 24 months; 1 cash raise in 24 months
CANYON RESOURCES LIMITED's ordinary share count, as at December 2025, its latest share-count filing, was 2.06B shares, representing a 45.8% increase since August 2024. In that period the company conducted one capital raise, a A$45.2M placement in September 2025. Options and rights on issue could convert into 15M new shares, equal to 0.7% of the current share count, none in the money; the nearest expiry falls in October 2027. The company notes that for the June 2026 quarter its spending was dominated by property, plant and equipment rather than operating costs, so no funding-runway figure applies. No proposed securities issues are pending.
Quick answers · 5
When did CAY last raise capital?
The last capital raise in Canyon Resources's filings is Placement of $45.2M announced 25 Sept 2025, one of 1 cash raises in 24 months.
How much placement capacity does CAY have left?
None of the 15% placement capacity counted as used in the last 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does CAY have?
In its quarterly cash report for the quarter ended 30 June 2026, Canyon Resources reported $45.8M of cash and estimated 36.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do CAY's options expire?
Unexercised options and rights equal 0.7% of Canyon Resources's shares on issue; the nearest expiry is Oct 2027.
How much has CAY's share count grown?
Canyon Resources has 2.06B shares on issue as at 28 Oct 2026, up 45.8% 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 |
|---|---|---|---|---|
| 18 Feb 2026 | 3H · cancellation | CAY : ORDINARY FULLY PAID | 2.06B | Appendix 3H |
| 1 Dec 2025 | 2A · quoted issue | CAY : ORDINARY FULLY PAID | 2.06B | Appendix 2A |
| 18 Nov 2025 | 2A · quoted issue | CAY : ORDINARY FULLY PAID | 2.06B | Appendix 2A |
| 2 Oct 2025 | 2A · quoted issue | CAY : ORDINARY FULLY PAID | 1.92B | Appendix 2A |
| 9 July 2025 | 2A · quoted issue | CAY : ORDINARY FULLY PAID | 1.78B | Appendix 2A |
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 · 0 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.
- by end 2026 · first shipment target (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
At $0.049 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 15.0M (0.7% of shares).
- 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| CAYAAA | Options | Price-triggered | $0.10 | 8 Oct 2027 | 15.0M | 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.
- CAYAFCondition-triggered2.0M securities → 018 Feb 2026 Appendix 2A
- CAYAGPrice-triggered137.4M securities → 018 Nov 2025 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 26 June 2026 | Mark Hohnen | Sell on-market | — | — | — | — | 3Y notice |
| 1 Dec 2025 | Mark Hohnen | Other | 3.0M | 3.0M | — | — | 3Y notice |
| 12 Feb 2025 | Mr Wei (Peter) Su | Sell on-market | — | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.