CORE ENERGY MINERALS LTD
ASX:CR3MaterialsToday’s holders own 55.5% of what they think they own, once every option and right converts.
Share count grew 431% in 24 months; 4 cash raises in 24 months; options/rights overhang 80% of shares
CORE ENERGY MINERALS LTD's ordinary share count grew 432.0% between December 2024 and September 2026, reaching 890M shares. In the past 24 months, the company raised capital four times for total disclosed proceeds of A$12.2M, with the most recent being a A$3.0M placement in September 2026. Options and rights on issue could convert into 713M new shares, representing 80.1% of the current share count, with no options currently in the money; the nearest expiry is March 2027. As of June 2026, the company held A$3.0M in available cash, providing approximately 4.4 quarters of operational cover. A single proposed securities issue (Appendix 3B) is pending, with a proposed date in October 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 10 Sept 2026 | 2A · quoted issue | CR3 : ORDINARY FULLY PAID | 890.4M | Appendix 2A |
| 10 Sept 2026 | 2A · quoted issue | CR3 : ORDINARY FULLY PAID | 713.3M | Appendix 2A |
| 27 May 2026 | 3G · unquoted | ORDINARY FULLY PAID | 712.4M | Appendix 3G |
| 20 Feb 2026 | 2A · quoted issue | CR3 : ORDINARY FULLY PAID | 712.4M | Appendix 2A |
| 17 Feb 2026 | 2A · quoted issue | CR3 : ORDINARY FULLY PAID | 560.4M | Appendix 2A |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (890.4M) need not equal the current count above (890.9M).
Capital raises
4 cash raises in the last 24 months · 3 in the last 12 months
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
- Price-triggered660.1M · 74.1% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 642.7M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered51.9M · 5.8% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
- Converts on terms1.4M · 0.2% of sharesConvertibles with no exercise price — they convert on their own terms, so they are shares in all but name.
Exercise price on record: 17.3M priced, 696.1M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
An exercise price is on record for only 2.4% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.007 today. No more priced supply until 10× today’s price, which takes it to 17.3M (1.9% 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.
- 696.1M (97.6% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| CR3O | Options | Price-triggered | — | 31 Mar 2027 | 319.4M | Filing |
| CR3AJ | Options | Price-triggered | $0.060 | 27 May 2027 | 17.3M | Filing |
| CR3OD | Options | Price-triggered | — | 30 June 2027 | 13.9M | Filing |
| CR3OE | Options | Price-triggered | — | 20 Feb 2029 | 309.4M | Filing |
| CR3AI | Notes | Converts on terms | — | — | 1.4M | Filing |
| CR3AA | Rights | Condition-triggered | — | — | 12.7M | Filing Meeting |
| CR3AF | Performance rights | Condition-triggered | — | — | 39.2M | 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.
A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 20 Feb 2026 | Mr. Anthony Greenaway | Other | 5.0M | 5.0M | — | — | 3Y notice |
| 20 Feb 2026 | Mr. Christopher Gale | Other placement | 7.5M | — | — | — | 3Y notice |
| 4 Dec 2025 | Mr. David Vilensky | Buy on-market | 1.6M | 1.1M | 6.3M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.