Companies / CDR

CODRUS MINERALS LIMITED

ASX:CDRMaterials
206.7M shares on issueASX (delayed) · as of 28 July 2026$0.026price · delayed$5.2Mmarket cap · indicative
C
Dilution grade

Runway under 2 quarters; share count grew 33% in 24 months; 1 cash raise in 24 months

Cash runway0.6 quarters of funding
Share-count growth (24m)33.1%
Raise cadence (24m)1 cash raise
Options & rights overhang2.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

CODRUS MINERALS LIMITED's ordinary share count grew 33.1% between May 2024 and May 2025, to 207M shares. The company raised capital once in that period for total proceeds of A$1.2M, with the most recent raise recorded in May 2025 for A$1.2M. Options and rights on issue could convert into 6M new shares, equal to 2.8% of the current share count, none of which are in the money at the current share price; the nearest expiry is December 2026. At the March 2026 quarter the company reported A$106K in available cash, about 0.6 quarters of funding at its recent spending rate. 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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2.8%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
0.6 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 206.7M per ASX (delayed) (28 July 2026).
174.1M186.1M198.1MDec 24Sept 25July 26Cash raise · 14 May 2025

Cash runway

0.6 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$106k available cash at quarter ended 31 Mar 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 31 Mar 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
1 Oct 20253G · unquotedCDR : ORDINARY FULLY PAID206.7MAppendix 3G
25 July 20253G · unquotedCDR : ORDINARY FULLY PAID206.7MAppendix 3G
13 June 20253G · unquotedCDR : ORDINARY FULLY PAID206.7MAppendix 3G
11 June 20253H · cancellationCDR : ORDINARY FULLY PAID206.7MAppendix 3H
27 May 20252A · quoted issueCDR : ORDINARY FULLY PAID206.7MAppendix 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

1 cash raise in the last 24 months · 0 in the last 12 months

$1.2M
Capital raise
14 May 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

2.8%
Total overhang · of current shares
0.0%
In the money · at current price
5.7M
Potential new shares
Dec 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
25 July 2025Keith CoughlanOther—500k—3Y notice
25 July 2025Jamie ByrdeOther754k500k—3Y notice
25 July 2025Greg BandyOther—3.0M—3Y 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

29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
6 Mar 2026Half Year Accounts - 31 December 2025
4 Mar 2026High-grade Molybdenum up to 4.2% at Bull Run
13 Feb 2026$PResponse to ASX Price Query
13 Feb 2026$PTrading Halt
13 Feb 2026$PPause in Trading
23 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
12 Jan 2026$PResponse to ASX Price and Volume Query
11 Jan 2026Change of Company Secretary, CFO and Address
14 Dec 2025Middle Creek Project Update
20 Nov 2025Results of Meeting
29 Oct 2025$PQuarterly Activities/Appendix 5B Cash Flow Report
15 Oct 20252025 Notice of Annual General Meeting / Proxy Form
13 Oct 2025$PDrilling Completed at Bull Run Gold Project, USA
1 Oct 2025Notification regarding unquoted securities - CDR
26 Sept 2025Date of Annual General Meeting and Director Nominations
25 Sept 2025Appendix 4G and Corporate Governance Statement
25 Sept 2025Annual Report to shareholders
30 July 2025$PQuarterly Activities/Appendix 5B Cash Flow Report
25 July 2025Change of Director's Interest Notices x 3

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