CONSTELLATION RESOURCES LIMITED
ASX:CR1MaterialsToday’s holders own 91.8% of what they think they own, once every option and right converts.
Share count grew 70% in 24 months; 5 cash raises in 24 months; runway 4–8 quarters
Constellation Resources’ ordinary share count grew 70.0% between October 2024 and August 2026, its latest share-count filing, to 107M shares. The company raised capital five times in the 24-month window for total disclosed proceeds of A$8.5M, most recently a A$3.2M Entitlement Offer in June 2026. Options and rights on issue could convert into 10M new shares, representing an 8.9% overhang of current shares, of which 2.0% are in the money at the current price; the nearest expiry falls in March 2027. The company has more than 4 quarters of funding at the recent spend rate. No proposed securities issues are currently on foot.
Quick answers · 5
When did CR1 last raise capital?
The last capital raise in Constellation Resources's filings is Entitlement Offer of $3.2M announced 24 June 2026, one of 5 cash raises in 24 months.
How much placement capacity does CR1 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 CR1 have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Constellation Resources reported $3.2M of cash and estimated 6.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do CR1's options expire?
Unexercised options and rights equal 8.9% of Constellation Resources's shares on issue; the nearest expiry is Mar 2027.
How much has CR1's share count grown?
Constellation Resources has 107.2M shares on issue as at 28 Oct 2026, up 70.0% 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 |
|---|---|---|---|---|
| 9 Sept 2026 | 3G · unquoted | ORDINARY FULLY PAID | 107.2M | Appendix 3G |
| 27 Aug 2026 | 2A · quoted issue | CR1 : ORDINARY FULLY PAID | 107.2M | Appendix 2A |
| 11 Aug 2026 | 2A · quoted issue | CR1 : ORDINARY FULLY PAID | 93.7M | Appendix 2A |
| 2 Apr 2026 | 3G · unquoted | CR1 : ORDINARY FULLY PAID | 80.4M | Appendix 3G |
| 26 Aug 2025 | 2A · quoted issue | CR1 : ORDINARY FULLY PAID | 80.4M | 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
5 cash raises 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.
- by end 2026 · Completion of soil-gas surveys (to complete)
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 $0.13 today, 2.0M securities are in the money (1.9% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 5.5M (5.1% 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 |
|---|---|---|---|---|---|---|
| CR1AH | Options | Price-triggered | $0.12 | 31 Mar 2027 | 2.0M | Filing |
| CR1AI | Options | Price-triggered | $0.18 | 31 Mar 2028 | 3.5M | Filing |
| CR1AJ | Options | Price-triggered | $0.25 | 31 Mar 2029 | 3.5M | Filing |
| CR1AM | Options | Price-triggered | $0.30 | 31 Mar 2030 | 600k | 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 |
|---|---|---|---|---|---|---|---|
| 21 Sept 2026 | Peter Woodman | Buy on-market | 33k | — | — | $5k | 3Y notice |
| 26 Aug 2026 | Ian Middlemas | Buy entitlement/SPP | 1.0M | — | — | $120k | 3Y notice |
| 26 Aug 2026 | Mark Pearce | Buy entitlement/SPP | 1.0M | — | — | $120k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.