CRITICAL RESOURCES LIMITED
ASX:CRRMaterialsToday’s holders own 74.8% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 75% in 24 months; 7 cash raises in 24 months
CRITICAL RESOURCES LIMITED's ordinary share count increased 75.1% between October 2024 and September 2026, its latest share-count filing, reaching 3.44B shares. In the past 24 months it raised A$10.2M across seven capital raises, most recently a A$1.6M placement in August 2026. Options and rights could add 1.16B new shares, representing a 33.6% overhang; none are in the money, and the nearest expiry is October 2027. The company has under 2 quarters of funding at the recent spend rate. Three proposed securities issues (Appendix 3B) are pending, with the nearest expected in November 2026.
Quick answers · 5
Is CRR raising capital?
Critical Resources has 3 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $1.6M on 31 Aug 2026.
How much placement capacity does CRR have left?
About 18% of the 15% placement capacity left, about 82% 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 CRR have?
In its quarterly cash report for the quarter ended 30 June 2026, Critical Resources reported $1.2M of cash and estimated 1.5 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do CRR's options expire?
Unexercised options and rights equal 33.6% of Critical Resources's shares on issue; the nearest expiry is Oct 2027.
How much has CRR's share count grown?
Critical Resources has 3.44B shares on issue as at 28 Oct 2026, up 75.1% 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 |
|---|---|---|---|---|
| 15 Sept 2026 | 2A · quoted issue | CRR : ORDINARY FULLY PAID | 3.44B | Appendix 2A |
| 2 June 2026 | 2A · quoted issue | CRR : ORDINARY FULLY PAID | 3.19B | Appendix 2A |
| 29 May 2026 | 3G · unquoted | CRR : ORDINARY FULLY PAID | 3.19B | Appendix 3G |
| 29 May 2026 | 2A · quoted issue | CRR : ORDINARY FULLY PAID | 3.19B | Appendix 2A |
| 1 Apr 2026 | 2A · quoted issue | CRR : ORDINARY FULLY PAID | 3.19B | 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
7 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 / 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
An exercise price is on record for only 35.3% 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 3× today’s price, which takes it to 387.9M (11.3% 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.
- 748.4M (64.7% 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 |
|---|---|---|---|---|---|---|
| CRRAP | Options | Price-triggered | $0.015 | 3 Oct 2027 | 112.0M | Filing |
| CRRAA | Options | Price-triggered | $0.015 | 14 Feb 2028 | 265.9M | Filing |
| CRRO | Options | Price-triggered, no exercise price stated | — | 23 Apr 2028 | 748.4M | Filing |
| CRRAD | Options | Price-triggered | $0.020 | 22 Dec 2028 | 10.0M | Filing |
| CRRAQ | Options | Price-triggered | $0.030 | 22 Dec 2028 | 10.0M | Filing |
| CRRAR | Options | Price-triggered | $0.040 | 22 Dec 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.
- CRRANCondition-triggered4.3M securities → 08 Jan 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 29 May 2026 | Bilal Ahmad | Buy | — | 22.2M | — | $22k | 3Y notice |
| 29 May 2026 | John Markovic | Buy | — | 11.8M | — | $12k | 3Y notice |
| 29 May 2026 | Joshua Gordon | Buy | — | 1.1M | — | $1k | 3Y notice |
| 29 May 2026 | Nigel Broomham | Buy | — | 167k | — | $167 | 3Y notice |
| 29 May 2026 | Timothy Wither | Buy | — | 2.0M | — | $2k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.