Companies / LRT

LOWELL RESOURCES FUND

ASX:LRTFund / trust
50.8M shares on issueASX (delayed) · snapshot 28 Oct 202650.8M fully diluted+0.0% if every option and right converts$1.74price · delayed$86.4MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.
Low
Dilution risk

Share count grew 28% in 24 months; 1 cash raise in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — a bank, lender, insurer, property or investment vehicle: operating cash flow is not a spend rate, so no funding runway applies
Share-count growth (24m)27.7%
Raise cadence (24m)1 cash raise
Options & rights overhang0.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone
Bought back187k shares (0.4% of issue)programme completed 10 Aug 2026

LOWELL RESOURCES FUND's ordinary share count grew 27.7% between October 2024 and September 2026, its latest share-count filing, to 51M shares. In the past 24 months it completed one capital raise, a Placement and Security Purchase Plan in August 2026 raising A$15.1M. No options or rights overhang data is on record. The company does not report a funding-runway figure because it is a bank, lender, insurer, property or investment vehicle whose operating cash flow is not a spend rate. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 25 Oct 2026
Quick answers · 2

When did LRT last raise capital?

The last capital raise in Lowell Resources Fund's filings is Placement and Security Purchase Plan of $15.1M announced 18 Aug 2026, one of 1 cash raises in 24 months.

How much has LRT's share count grown?

Lowell Resources Fund has 50.8M shares on issue as at 28 Oct 2026, up 27.7% over 24 months according to its Appendix 2A filings.

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0.0%
Options & rights overhang
0.0%
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply
1
Raises · last 12 months
—
Cash cover · no runway frame

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 50.8M per ASX (delayed) (snapshot 28 Oct 2026).
42.5M45.0M47.5M50.0MDec 24Nov 25Oct 26buy-backCash raise · 18 Aug 202650.8M
On-market buy-back
since 6 Aug 2025 · last bought 30 Oct 2025 · completed 10 Aug 2026
187k shares bought — 0.4% of the 41.7M on issue, $315k spent · programme cap 3.4M shares.

Cumulative figures as stated by the company on its daily notice. Latest notice

Cash runway

No cash runway. This company is a bank, lender, insurer, property or investment vehicle: its operating cash flow is loans, deposits, inventory or portfolio purchases rather than a spend rate, so a funding runway does not apply.

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)

DateFormSecurityOn issue, per this filingSource
25 Sept 20262A · quoted issueLRT : ORDINARY UNITS FULLY PAID50.8MAppendix 2A
9 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 PAID42.7MAppendix 2A
7 Aug 20262A · quoted issueLRT : ORDINARY UNITS FULLY PAID42.1MAppendix 2A
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22 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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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.

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Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
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Capital raises

1 cash raise in the last 24 months · 1 in the last 12 months

$15.1M
Placement and Security Purchase Plan
At $2.01, 12.6% below the last close
18 Aug 2026 COMPLETE
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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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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 / 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.

No estimate — the filings already exceed 15% of the share count we can measure, which means securities were added to the base during the year, or holders ratified an issue, in a way we cannot match.
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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

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 28 Oct 2026.