Companies / KRR

KING RIVER RESOURCES LIMITED

ASX:KRRMaterials
1.59B shares on issueASX (delayed) · snapshot 11 Sept 20261.76B fully diluted+10.5% if every option and right converts$0.079price · delayed$126.0Mmarket cap · indicative

Today’s holders own 90.5% of what they think they own, once every option and right converts.

Low
Dilution risk

Runway 2–4 quarters; share count grew 8% in 24 months; options/rights overhang 10% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway3.8 quarters of funding
Share-count growth (24m)8.2%
Raise cadence (24m)0 cash raises
Options & rights overhang10.5% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

KING RIVER RESOURCES LIMITED's ordinary share count grew 8.2% between June 2026 and August 2026, reaching 1.59B shares. The company has not raised capital in the past 24 months and has no pending proposed securities issues. Options and rights on issue could convert into 168M new shares, representing 10.5% of the current share count, of which none are in the money. An expiry date for these securities has not been placed on record. At the June 2026 quarter, the company reported A$3.0M in available cash, providing approximately 3.8 quarters of funding.

AI-generated summary of this page's cited filings · updated 9 Sept 2026
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10.5%
Options & rights overhang
In-the-money supply · no stated strikes
0
Raises · last 12 months
3.8 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 1.59B per ASX (delayed) (snapshot 11 Sept 2026).
1.50B1.55B1.60BDec 24Oct 25Sept 261.59B

Cash runway

3.8 qtrs
Two to four quarters of funding at the recent spend rate.
Funds operations to about May 2027 at the reported spend rate.
$3.0M 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: $3.7M cash at quarter end (item 4.6), 4.7 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.
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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.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
31 Aug 20262A · quoted issueKRR : ORDINARY FULLY PAID1.59BAppendix 2A
20 July 20262A · quoted issueKRR : ORDINARY FULLY PAID1.56BAppendix 2A
6 July 20262A · quoted issueKRR : ORDINARY FULLY PAID1.48BAppendix 2A
5 June 20262A · quoted issueKRR : ORDINARY FULLY PAID1.47BAppendix 2A
21 May 20263G · unquotedORDINARY FULLY PAID1.46BAppendix 3G
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11 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

No equity raises in the last 24 months.
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Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

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Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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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.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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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.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

10.5%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
168.0M
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 168.0M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
KRRADPerformance rightsCondition-triggered168.0MFiling 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.

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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.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
20 July 2026Anthony BartonOther incentive25.0M25.0M3Y notice
20 July 2026Gregory MacMillanOther incentive25.0M25.0M3Y notice
20 July 2026Leonid CharuckyjOther incentive12.5M25.0M3Y notice
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4 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

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