Companies / LRT

LOWELL RESOURCES FUND

ASX:LRTNot Applic
49.2M shares on issueASX (delayed) · snapshot 11 Sept 202649.2M fully diluted+0.0% if every option and right converts$2.12price · delayed$104.3Mmarket cap · indicative
Moderate
Dilution risk

Share count grew 42% in 24 months; 2 cash raises in 24 months; proposed issue pending

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)42.3%
Raise cadence (24m)2 cash raises
Options & rights overhang0.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

LOWELL RESOURCES FUND's ordinary share count grew 42.3% between September 2024 and September 2026, reaching 49M shares. The fund raised capital twice in the past 24 months, for a total of A$23.4M, with the most recent capital raise being a A$15.9M placement and security purchase plan in August 2026. No options or rights overhang data is provided. The company has not lodged a current quarterly cash report, so no cash balance or funding runway figure is on record. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in September 2026.

AI-generated summary of this page's cited filings · updated 9 Sept 2026
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0.0%
Options & rights overhang
0.0%
In-the-money supply
1
Raises · last 12 months
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 49.2M per ASX (delayed) (snapshot 11 Sept 2026).
42.5M45.0M47.5MDec 24Oct 25Sept 26Cash raise · 17 Aug 202649.2M

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
8 Sept 20262A · quoted issueLRT : ORDINARY UNITS FULLY PAID49.2MAppendix 2A
27 Aug 20262A · quoted issueLRT : ORDINARY UNITS FULLY PAID49.1MAppendix 2A
7 Aug 20262A · quoted issueLRT : ORDINARY UNITS FULLY PAID42.1MAppendix 2A
6 Aug 20262A · quoted issueLRT : ORDINARY UNITS FULLY PAID42.7MAppendix 2A
3 Nov 20253H · cancellationLRT : ORDINARY UNITS FULLY PAID41.6MAppendix 3H
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21 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

2 cash raises in the last 24 months · 1 in the last 12 months

every 22 monthsaverage gap between raises
0.9 monthssince the most recent
15 Oct 202417 Aug 2026first to most recent in this window
$15.9M
Placement and Security Purchase Plan
17 Aug 2026 ACTIVE
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3 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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Retail offer

An offer existing holders can take part in — the one structural advantage retail has in a raise. Dated recently and not yet recorded as complete.

Share purchase plan
dated 17 Aug 2026 · 26 days ago
Placement and Security Purchase Plan

Closing dates are not in the filings this site holds. Check the company's own announcement below before acting on this.

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Offer terms
The offer price, and how it compares with the last traded price.
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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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1 dated event on record — 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 estimatethe filings already exceed 15% of the share count we can measure, which means securities were added to the base during the year that we cannot see.
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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

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
1 pending issue on record — Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

No options or rights over unissued shares on record.

Director dealings

No director dealing notices (Appendix 3Y) on record.
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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.