CARBINE RESOURCES LIMITED
ASX:CRBMaterialsToday’s holders own 99.2% of what they think they own, once every option and right converts.
Runway 2–4 quarters; share count grew 26% in 24 months; 1% of shares in the money
CARBINE RESOURCES LIMITED had 1.19B ordinary shares as of September 2025, its latest share-count filing; the filed Appendix 2A series ends earlier, so a growth figure is not stated. The company raised no capital in the past 24 months and has no pending proposed securities issues. Options and rights on issue could convert into 10M new shares, representing 0.8% of the current share count, of which 1% are in the money; the nearest expiry is August 2028. As of its June 2026 quarter, the company has 2 to 4 quarters of funding at the recent spend rate.
Quick answers · 3
How much placement capacity does CRB 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 CRB have?
In its quarterly cash report for the quarter ended 30 June 2026, Carbine Resources reported $1.0M of cash and estimated 3.4 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do CRB's options expire?
Unexercised options and rights equal 0.8% of Carbine Resources's shares on issue; the nearest expiry is Aug 2028.
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 |
|---|---|---|---|---|
| 15 July 2026 | 3H · cancellation | CRB : ORDINARY FULLY PAID | 1.19B | Appendix 3H |
| 5 Sept 2025 | 2A · quoted issue | CRB : ORDINARY FULLY PAID | 1.16B | Appendix 2A |
| 5 Sept 2025 | 2A · quoted issue | CRB : ORDINARY FULLY PAID | 1.13B | Appendix 2A |
| 18 Aug 2025 | 2A · quoted issue | CRB : ORDINARY FULLY PAID | 1.08B | Appendix 2A |
| 18 Aug 2025 | 2A · quoted issue | CRB : ORDINARY FULLY PAID | 1.02B | 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
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 $0.008 today, 10.0M securities are in the money (0.8% of shares on issue). No price up to ten times today’s switches on any more priced supply.
- 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 |
|---|---|---|---|---|---|---|
| CRBAE | Options | Price-triggered | $0.006 | 18 Aug 2028 | 10.0M | 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.
- CRBAXCondition-triggered5.0M securities → 015 July 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 5 Sept 2025 | Brett Grosvenor | Buy | 25.0M | — | 10.0M | — | 3Y notice |
| 5 Sept 2025 | Glenn Whiddon | Buy | 51.7M | — | 10.0M | — | 3Y notice |
| 5 Sept 2025 | James Pearse | Buy | 15.0M | — | 10.0M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.