HIGHFIELD RESOURCES LIMITED
ASX:HFRMaterialsSuspended from quotationToday’s holders own 99.0% of what they think they own, once every option and right converts.
Not rated — the company is suspended from quotation
This company is suspended from ASX quotation. Scoring is paused until it resumes trading. Not rated means no assessment — not low risk.
HIGHFIELD RESOURCES LIMITED's ordinary share count grew 7.2% between October 2024 and January 2025, its latest share-count filing, to 474M shares. The company raised capital twice in the 24-month window for total disclosed proceeds of A$17.5M, most recently A$10.0M from Convertible Notes in October 2025. Options and rights on issue could convert into 5M new shares, equal to 1.0% of the current share count, with none in the money; no filing on record states an expiry date for these securities. At its June 2026 quarter cash position, no funding-runway figure applies because the reported cash would have been used up at the reported spend rate and no later cash report is on record. No proposed securities issues are currently pending.
Quick answers · 5
When did HFR last raise capital?
The last capital raise in Highfield Resources's filings is Convertible Notes / Convertible Note Facility of $10.0M announced 14 Oct 2025, one of 2 cash raises in 24 months.
How much placement capacity does HFR 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 HFR have?
In its quarterly cash report for the quarter ended 30 June 2026, Highfield Resources reported $1.5M of cash and estimated 0.8 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does HFR have outstanding?
Unexercised options and rights equal 1% of Highfield Resources's shares on issue.
How much has HFR's share count grown?
Highfield Resources has 474.1M shares on issue as at 28 Oct 2026, up 7.2% 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 |
|---|---|---|---|---|
| 28 July 2026 | 3G · unquoted | HFR : ORDINARY FULLY PAID | 474.1M | Appendix 3G |
| 27 May 2026 | 3G · unquoted | HFR : ORDINARY FULLY PAID | 474.1M | Appendix 3G |
| 15 Jan 2026 | 3H · cancellation | HFR : ORDINARY FULLY PAID | 474.1M | Appendix 3H |
| 15 Dec 2025 | 3G · unquoted | HFR : ORDINARY FULLY PAID | 474.1M | Appendix 3G |
| 7 July 2025 | 3H · cancellation | HFR : ORDINARY FULLY PAID | 474.1M | 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
2 cash raises in the last 24 months · 0 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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 4.8M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| HFRAZ | Options | Price-triggered, no exercise price stated | — | — | 4.8M | 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.
- HFRAAAconvertible notes3k28 July 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 7 July 2025 | Paul Harris | Sell | — | 1.0M | — | — | 3Y notice |
| 31 Dec 2024 | Ignacio Salazar | Sell | 240k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.