Companies / CBY

CANTERBURY RESOURCES LIMITED

ASX:CBYMaterials
293.9M shares on issueASX (delayed) · snapshot 28 Oct 2026326.5M fully diluted+11.1% if every option and right converts$0.030price · delayed$8.8MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Today’s holders own 90.0% of what they think they own, once every option and right converts.

High
Dilution risk

Runway under 2 quarters; share count grew 49% in 24 months; 3 cash raises in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway1.1 quarters of funding
Share-count growth (24m)48.9%
Raise cadence (24m)3 cash raises
Options & rights overhang11.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

CANTERBURY RESOURCES LIMITED's ordinary share count expanded 48.9% between August 2024 and October 2026, its latest share-count filing, to 294M shares. In the 24-month window, it conducted 3 capital raises totalling A$1.9M, most recently a A$564K placement in October 2026. Options and rights on issue could convert into 33M new shares, equivalent to 11.1% of the current share count; none are in the money based on the current exercise price. The nearest expiry is December 2026. The company has under 2 quarters of funding at the recent spend rate. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 21 Oct 2026
Quick answers · 5

When did CBY last raise capital?

The last capital raise in Canterbury Resources's filings is Placement of $564k announced 7 Oct 2026, one of 3 cash raises in 24 months.

How much placement capacity does CBY have left?

About 29% of the 15% placement capacity left, about 71% used in 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 CBY have?

In its quarterly cash report for the quarter ended 30 June 2026, Canterbury Resources reported $221k of cash and estimated 2.2 quarters of funding available at its current rate of spending. That is the company's own estimate.

When do CBY's options expire?

Unexercised options and rights equal 11.1% of Canterbury Resources's shares on issue; the nearest expiry is Dec 2026.

How much has CBY's share count grown?

Canterbury Resources has 293.9M shares on issue as at 28 Oct 2026, up 48.9% over 24 months according to its Appendix 2A filings.

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11.1%
Options & rights overhang
0.0%
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply
1
Raises · last 12 months
1.1 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 293.9M per ASX (delayed) (snapshot 28 Oct 2026).
200M250M300MDec 24Nov 25Oct 26Cash raise · 7 Oct 2026Cash raise · 21 Aug 2025Cash raise · 23 Apr 2025293.9M

Cash runway

1.1 qtrs OURS
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
Funds operations to about Jan 2027 at the reported spend rate.
Adds the $564k raise announced 7 Oct 2026 (filing).
FILED 2.2 qtrs · $221k cash · quarter ended 30 June 2026 · before the raise above came in
OURS our estimate, carried to todayOURSOur estimate for today. We take the cash in the company’s latest cash report, deduct spending since at its reported rate, and, for quarterly filers, add raises announced after it. It moves daily; announced money may not all be received yet.$221k cash at 30 Jun 2026 + $564k announced raises − $437k spent ($328k a quarter × 120 days) = $348k left → 1.1 qtrsFILED as the company reportedFILEDAs the company stated it in its latest cash report. Dated to the end of that period, it does not change until the next report.
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11 cash reports on record — Cash runway history
Cash, net spend and cover trend from every Appendix 4C/5B and 4D/4E on record up to 30 June 2026.
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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)

DateFormSecurityOn issue, per this filingSource
9 Oct 20262A · quoted issueCBY : ORDINARY FULLY PAID293.9MAppendix 2A
9 Oct 20263G · unquotedCBY : ORDINARY FULLY PAID279.7MAppendix 3G
14 Aug 20263G · unquotedCBY : ORDINARY FULLY PAID279.7MAppendix 3G
1 July 20263H · cancellationCBY : ORDINARY FULLY PAID279.7MAppendix 3H
9 June 20262A · quoted issueCBY : ORDINARY FULLY PAID279.7MAppendix 2A
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23 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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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.

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Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
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Capital raises

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

every 8.7 monthsaverage gap between raises
0.7 monthssince the most recent
23 Apr 2025 – 7 Oct 2026first to most recent in this window
$564k
Placement
At 4.0c, 7% below the last close
7 Oct 2026 COMPLETE
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6 issues (incl. 1 exercise or conversion) on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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 · Drilling program completion (to complete)
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1 event on record — The company's own words
The sentence each date comes from, the report it was in, and a link to it.
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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.

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5 dated events on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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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.

About 29% of the 15% placement capacity left — about 71% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-10-28). The company has also placed under the additional 10% (Listing Rule 7.1A), which is not counted in this figure. Holders passed a ratification we could not match to exactly one filing, or whose number of shares the result does not state, and shares issued with holder approval are not added to the base, so the true headroom may be higher.
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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.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

11.1%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
32.6M
Potential new shares
Dec 2026
Nearest expiry
What a price move would switch on
16.3M32.6M$0.030 now0.25× today ($0.007) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.015) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.022) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.030) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.037) — 2.7M of the priced supply in the money, 0.9% of shares on issue1.5× today ($0.045) — 2.7M of the priced supply in the money, 0.9% of shares on issue2× today ($0.060) — 12.7M of the priced supply in the money, 4.3% of shares on issue3× today ($0.090) — 32.6M of the priced supply in the money, 11.1% of shares on issue5× today ($0.150) — 32.6M of the priced supply in the money, 11.1% of shares on issue10× today ($0.300) — 32.6M of the priced supply in the money, 11.1% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.030 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 2.7M (0.9% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
CBYATOptionsPrice-triggered$0.05031 Dec 202610.0MFiling
CBYAROptionsPrice-triggered$0.07030 June 20274.8MFiling
CBYAUOptionsPrice-triggered$0.03030 June 20282.7MFiling
—OptionsPrice-triggered$0.06031 Dec 202814.1MFiling
CBYAVOptionsPrice-triggered$0.06030 June 20291.0MFiling

“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. For what expires soon across other listed companies, see the options expiry calendar.

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5 option lines 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.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
30 June 2026Michael ErcegSell3.6M900k——3Y notice
30 June 2026Robyn WattsSell639k900k——3Y notice
9 June 2026Ross MollerSell400k400k——3Y notice
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28 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

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