HAZER GROUP LIMITED
ASX:HZRMaterialsToday’s holders own 90.3% of what they think they own, once every option and right converts.
Runway 2–4 quarters; share count grew 16% in 24 months; 2 cash raises in 24 months
HAZER GROUP LIMITED's ordinary share count grew 16.4% between May 2024 and May 2026, its latest share-count filing, to 268M shares. The company raised capital twice in the past 24 months for total proceeds of A$18.8M, most recently an A$8.0M placement in June 2025. Options and rights on issue could convert into 29M new shares, equal to 10.7% of the current share count, none of which are in the money. No expiry date for these securities is on record. The company has 2 to 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 5
When did HZR last raise capital?
The last capital raise in Hazer Group's filings is Placement of $8.0M announced 16 June 2025, one of 2 cash raises in 24 months.
How much placement capacity does HZR 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 HZR have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Hazer Group reported $8.3M of cash and estimated 3.6 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does HZR have outstanding?
Unexercised options and rights equal 10.7% of Hazer Group's shares on issue.
How much has HZR's share count grown?
Hazer Group has 267.8M shares on issue as at 28 Oct 2026, up 16.4% 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 |
|---|---|---|---|---|
| 2 Oct 2026 | 3G · unquoted | ORDINARY FULLY PAID | 267.8M | Appendix 3G |
| 1 July 2026 | 3H · cancellation | HZR : ORDINARY FULLY PAID | 267.8M | Appendix 3H |
| 29 May 2026 | 3H · cancellation | HZR : ORDINARY FULLY PAID | 267.8M | Appendix 3H |
| 15 May 2026 | 2A · quoted issue | HZR : ORDINARY FULLY PAID | 267.8M | Appendix 2A |
| 21 Apr 2026 | 2A · quoted issue | HZR : ORDINARY FULLY PAID | 267.8M | 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
2 cash raises in the last 24 months · 0 in the last 12 months
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- by end 2026 · Graphite project results availability (results due)
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 28.6M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
Nearest share-price vesting hurdle: $0.371 (30 trading days), 34.9% above the last close, on HZRAE, date in the terms 30 June 2027.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| HZRAE | Options | Price-triggered, no exercise price stated | — | — | 28.6M | Filing |
4.6M of the 28.6M granted 2 Oct 2026: hurdles at share price $0.371 (30 trading days, date in the terms 30 June 2027); share price $0.371 (30 trading days, date in the terms 30 June 2028); share price $0.371 (30 trading days, date in the terms 30 June 2029); share price $0.565, $0.808 (45 trading days, date in the terms 30 June 2029). Terms | ||||||
“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.
A line under a class is a grant of rights into it, as read from the company’s own filings: its size, any share-price or market-cap hurdles, and the other kinds of condition it carries. A grant is often only part of the class, so its terms say nothing about the rest. Whether a hurdle has been met is not shown.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 22 Dec 2025 | Danielle Lee | Sell | — | — | — | — | 3Y notice |
| 22 Dec 2025 | Dr John (Jack) Hamilton | Sell | — | — | — | — | 3Y notice |
| 22 Dec 2025 | Tim Goldsmith | Sell | — | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.