JAMESON RESOURCES LIMITED
ASX:JALMaterialsToday’s holders own 97.3% of what they think they own, once every option and right converts.
Share count grew 69% in 24 months; runway 2–4 quarters; 5 cash raises in 24 months
JAMESON RESOURCES LIMITED had 1.16B ordinary shares on issue as of September 2026. In the 24-month window, the company completed 5 capital raisings totalling A$18.1M, the most recent being an Accelerated non-renounceable entitlement offer (ANREO) & Placement in September 2026 raising A$9.7M. Options and rights on issue could convert into 32M new shares, representing a 2.8% overhang; none are in the money, with the nearest expiry in December 2026. The company reported cash funding of 2 to 4 quarters at the recent spend rate as of its June 2026 quarter.
Quick answers · 3
When did JAL last raise capital?
The last capital raise in Jameson Resources's filings is Accelerated non-renounceable entitlement offer (ANREO) & Placement of $9.7M announced 2 Sept 2026, one of 5 cash raises in 24 months.
How much cash does JAL have?
In its quarterly cash report for the quarter ended 30 June 2026, Jameson Resources reported $647k of cash and estimated 0.2 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do JAL's options expire?
Unexercised options and rights equal 2.8% of Jameson Resources's shares on issue; the nearest expiry is Dec 2026.
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 |
|---|---|---|---|---|
| 25 Sept 2026 | 2A · quoted issue | JAL : ORDINARY FULLY PAID | 982.7M | Appendix 2A |
| 25 Sept 2026 | 2A · quoted issue | JAL : ORDINARY FULLY PAID | 1.03B | Appendix 2A |
| 10 Sept 2026 | 2A · quoted issue | JAL : ORDINARY FULLY PAID | 838.5M | Appendix 2A |
| 10 Sept 2026 | 3G · unquoted | JAL : ORDINARY FULLY PAID | 793.1M | Appendix 3G |
| 9 Sept 2026 | 2A · quoted issue | JAL : ORDINARY FULLY PAID | 899.2M | Appendix 2A |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (982.7M) need not equal the current count above (1.16B).
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
5 cash raises in the last 24 months · 4 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
At $0.048 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 16.9M (1.5% 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 |
|---|---|---|---|---|---|---|
| JALAV | Options | Price-triggered | $0.10 | 31 Dec 2026 | 1.5M | Filing |
| JALAW | Options | Price-triggered | $0.15 | 31 Dec 2027 | 2.0M | Filing |
| JALAD | Options | Price-triggered | $0.15 | 31 Dec 2028 | 1.1M | Filing |
| JALAE | Options | Price-triggered | $0.083 | 17 Apr 2029 | 10.7M | Filing |
| JALAF | Options | Price-triggered | $0.053 | 10 Sept 2029 | 16.9M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 25 Sept 2026 | ADRIAN LAWRENCE STEVEN VAN BARNEVELD | Other entitlement/SPP | 182k | — | — | $6k | 3Y notice |
| 25 Sept 2026 | MICHAEL JOHN GRAY | Other entitlement/SPP | 835k | — | — | $10k | 3Y notice |
| 14 July 2026 | MICHAEL JOHNNY MCDONALD | Other placement | 455k | — | — | $25k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.