Companies / CST

CASTILE RESOURCES LTD

ASX:CSTMaterials
388.1M shares on issueAppendix 2A · as of 12 June 2026392.8M fully diluted+1.2% if every option and right converts$0.074price · delayed$28.4Mmarket cap · indicative

Today’s holders own 98.8% of what they think they own, once every option and right converts.

Low
Dilution risk

Share count grew 29% in 24 months; 1 cash raise in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway16.1 quarters of funding
Share-count growth (24m)29.4%
Raise cadence (24m)1 cash raise
Options & rights overhang1.2% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

CASTILE RESOURCES LTD's ordinary share count increased by 29.4% between December 2024 and June 2026, reaching 388M shares. The company completed one capital raise in the past 24 months, a placement in February 2026 that brought in A$9.2M. There are 5M options outstanding, representing 1.2% of the current share count. No expiry date for these options is on record, and 0% are currently in the money. As of the June 2026 quarter, the company reported A$8.9M in available cash, sufficient for approximately 16.1 quarters at its recent operating expenditure rate. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 7 Sept 2026
Get told when this changes
Set up alerts
Daily email alerts cover risk-level moves, new raises, pending proposed issues and option expiries for the companies you follow.
1.2%
Options & rights overhang
In-the-money supply · no stated strikes
1
Raises · last 12 months
16.1 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 388.1M per Appendix 2A (filed 12 June 2026).
250M300M350MDec 24Oct 25Sept 26Cash raise · 5 Feb 2026

Cash runway

16.1 qtrs
More than four quarters of funding at the recent spend rate.
More than three years of funding at the reported spend rate — far enough out that a dated estimate would be false precision.
$8.9M cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $9.4M cash at quarter end (item 4.6), 16.9 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
Free account
11 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
12 June 20263H · cancellationCST : ORDINARY FULLY PAID376.3MAppendix 3H
12 June 20262A · quoted issueCST : ORDINARY FULLY PAID388.1MAppendix 2A
12 June 20262A · quoted issueCST : ORDINARY FULLY PAID383.3MAppendix 2A
20 Feb 20262A · quoted issueCST : ORDINARY FULLY PAID382.2MAppendix 2A
16 Feb 20262A · quoted issueCST : ORDINARY FULLY PAID378.4MAppendix 2A
Free account
12 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Capital raises

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

$9.2M
Placement
5 Feb 2026 COMPLETE
Free account
1 raise on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

Free account
Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

Under 1% of the 15% placement capacity left — about 99% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). The company has also placed under the additional 10% (Listing Rule 7.1A), which is not counted in this figure. Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.
Free account
Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

1.2%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
4.7M
Potential new shares
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 4.7M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
CSTAFPerformance rightsCondition-triggered4.7MFiling Meeting

“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.

Free account
1 option line on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
12 June 2026Jacob (Jake) Wayne RussellOther placement45k$5k3Y notice
12 June 2026Mark Steven HepburnOther placement864k2.4M$95k3Y notice
12 June 2026Michael Robert PoepjesOther placement91k1.5M$10k3Y notice
Free account
9 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.