LINDIAN RESOURCES LIMITED
ASX:LINMaterialsToday’s holders own 98.2% of what they think they own, once every option and right converts.
Share count grew 60% in 24 months; runway 2–4 quarters; 3 cash raises in 24 months
LINDIAN RESOURCES LIMITED's ordinary share count grew 60.4% between June 2024 and June 2026, reaching 1.85B shares. In the past 24 months, the company completed three capital raises totalling A$162.1M, with the most recent being a A$100.0M placement in March 2026. Options and rights on issue could convert into 33M new shares, representing 1.8% of the current share count, with no disclosed expiry date for these securities. At the June 2026 quarter, the company reported A$84.5M in available cash, covering approximately 2.9 quarters of its operating expenses. Two proposed securities issues are pending, with the nearest expected in September 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 19 June 2026 | 2A · quoted issue | LIN : ORDINARY FULLY PAID | 1.85B | Appendix 2A |
| 8 June 2026 | 3H · cancellation | ORDINARY FULLY PAID | 1.83B | Appendix 3H |
| 29 May 2026 | 3G · unquoted | LIN : ORDINARY FULLY PAID | 1.83B | Appendix 3G |
| 28 Apr 2026 | 2A · quoted issue | LIN : ORDINARY FULLY PAID | 1.83B | Appendix 2A |
| 13 Apr 2026 | 2A · quoted issue | LIN : ORDINARY FULLY PAID | 1.81B | Appendix 2A |
Capital raises
3 cash raises in the last 24 months · 2 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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B 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 33.0M 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 |
|---|---|---|---|---|---|---|
| LINAT | Performance rights | Condition-triggered | — | — | 33.0M | Filing 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 28 May 2026 | Robert Martin | Other incentive | 2.0M | — | 7.4M | — | 3Y notice |
| 28 May 2026 | Teck Lim | Other incentive | 2.0M | 4.0M | — | — | 3Y notice |
| 28 May 2026 | Zekai (Zac) Komur | Other incentive | 2.5M | — | 5.0M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.