CARAVEL MINERALS LIMITED
ASX:CVVMaterialsToday’s holders own 93.7% of what they think they own, once every option and right converts.
Runway 4–8 quarters; options/rights overhang 7% of shares
Between October 2024 and February 2025, its latest share-count filing, CARAVEL MINERALS LIMITED's ordinary share count grew 0.2% to 559M shares. In the 24-month window, it reported no capital raising activity. Options and rights on issue could convert into 37M new shares, equal to 6.7% of the current share count, none of which are in the money; the nearest expiry is in November 2027. Cash holdings as of June 2026 stand at more than 4 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 4
How much placement capacity does CVV 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 CVV have?
In its quarterly cash report for the quarter ended 30 June 2026, Caravel Minerals reported $22.0M of cash and estimated 5.6 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do CVV's options expire?
Unexercised options and rights equal 6.7% of Caravel Minerals's shares on issue; the nearest expiry is Nov 2027.
How much has CVV's share count grown?
Caravel Minerals has 558.8M shares on issue as at 28 Oct 2026, up 0.2% 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 |
|---|---|---|---|---|
| 1 Oct 2026 | 3H · cancellation | ORDINARY FULLY PAID | 558.8M | Appendix 3H |
| 4 Sept 2026 | 3G · unquoted | CVV : ORDINARY FULLY PAID | 558.8M | Appendix 3G |
| 30 Dec 2025 | 3G · unquoted | CVV : ORDINARY FULLY PAID | 558.8M | Appendix 3G |
| 6 Nov 2025 | 3G · unquoted | CVV : ORDINARY FULLY PAID | 558.8M | Appendix 3G |
| 3 Nov 2025 | 3H · cancellation | CVV : ORDINARY FULLY PAID | 558.8M | Appendix 3H |
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 $0.21 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 26.3M (4.7% 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 |
|---|---|---|---|---|---|---|
| CVVAAK | Options | Price-triggered | $0.22 | 1 Nov 2027 | 26.3M | Filing |
| CVVAB | Options | Price-triggered | $0.36 | 25 Aug 2029 | 1.0M | Filing |
| CVVAA | Options | Price-triggered | $0.42 | 19 Dec 2030 | 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.
- CVVAAJCondition-triggered1.0M securities → 01 Oct 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 30 June 2026 | Alasdair Cooke | Buy | — | 4.0M | — | $72k | 3Y notice |
| 6 Nov 2025 | Alasdair Cooke | Other incentive | — | 4.0M | — | — | 3Y notice |
| 6 Nov 2025 | Don Hyma | Other incentive | 100k | 8.0M | — | — | 3Y notice |
| 6 Nov 2025 | Richard Monti | Other incentive | 2.4M | 1.0M | — | — | 3Y notice |
| 6 Nov 2025 | Wayne Trumble | Other incentive | 465k | 1.0M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.