LARVOTTO RESOURCES LIMITED
ASX:LRVMaterialsToday’s holders own 95.5% of what they think they own, once every option and right converts.
Share count grew 68% in 24 months; 3 cash raises in 24 months; proposed issue pending
LARVOTTO RESOURCES LIMITED's ordinary share count grew 67.6% between September 2024 and September 2026, reaching 520M shares. The company undertook three capital raises in the past 24 months, totalling A$110.1M, with the latest being a A$15.0M placement in June 2026. Options on issue could convert into 24M new shares, representing 4.7% of the current share count, with none currently in the money; an expiry date for these securities is not on record. As of the June 2026 quarter, the company held A$59.1M in available cash. No funding-runway figure applies as the latest quarter's spending was dominated by property, plant and equipment. Two proposed securities issues are pending, with an expected issue date in October 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 |
|---|---|---|---|---|
| 3 Sept 2026 | 2A · quoted issue | LRV : ORDINARY FULLY PAID | 519.5M | Appendix 2A |
| 2 Sept 2026 | 3G · unquoted | ORDINARY FULLY PAID | 519.4M | Appendix 3G |
| 31 Aug 2026 | 3H · cancellation | LRV : ORDINARY FULLY PAID | 519.4M | Appendix 3H |
| 26 Aug 2026 | 3G · unquoted | LRV : ORDINARY FULLY PAID | 519.4M | Appendix 3G |
| 17 Aug 2026 | 2A · quoted issue | LRV : ORDINARY FULLY PAID | 519.4M | Appendix 2A |
Capital raises
3 cash raises in the last 24 months · 1 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 24.4M 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 |
|---|---|---|---|---|---|---|
| LRVAG | Performance rights | Condition-triggered | — | — | 5.1M | Filing Meeting |
| LRVAH | Performance rights | Condition-triggered | — | — | 19.3M | 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 |
|---|---|---|---|---|---|---|---|
| 29 May 2026 | Ronald Stephen Heeks | Other incentive | 850k | — | — | — | 3Y notice |
| 22 Aug 2025 | Mark William Tomlinson | Buy entitlement/SPP | 6.3M | — | 833k | — | 3Y notice |
| 22 Aug 2025 | Rachelle Domansky | Buy entitlement/SPP | 24k | — | — | — | 3Y notice |
| 22 Aug 2025 | Ronald Stephen Heeks | Buy entitlement/SPP | 35k | — | 2.9M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.