LARVOTTO RESOURCES LIMITED
ASX:LRVMaterialsToday’s holders own 95.6% of what they think they own, once every option and right converts.
Share count grew 63% in 24 months; 3 cash raises in 24 months; recent proposed issue, issue not on record
LARVOTTO RESOURCES LIMITED's ordinary share count grew 63.3% between October 2024 and October 2026, its latest share-count filing, to 520M shares. The company raised capital three times in the past 24 months for total disclosed proceeds of A$110.1M, most recently a placement in June 2026 raising A$15.0M. Options and rights on issue could convert into 24M new shares, equal to 4.6% of the current share count, none of which are in the money; no expiry date for these securities is on record. The company's latest quarter spending was dominated by property, plant and equipment rather than operating costs, so no funding-runway figure applies. There are no pending proposed securities issues.
Quick answers · 5
When did LRV last raise capital?
The last capital raise in Larvotto Resources's filings is Placement of $15.0M announced 11 June 2026, one of 3 cash raises in 24 months.
How much placement capacity does LRV have left?
About 88% of the 15% placement capacity left, about 12% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does LRV have?
In its quarterly cash report for the quarter ended 30 June 2026, Larvotto Resources reported $87.9M of cash and estimated 10.4 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does LRV have outstanding?
Unexercised options and rights equal 4.6% of Larvotto Resources's shares on issue.
How much has LRV's share count grown?
Larvotto Resources has 520.3M shares on issue as at 28 Oct 2026, up 63.3% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
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)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 13 Oct 2026 | 2A · quoted issue | LRV : ORDINARY FULLY PAID | 520.3M | Appendix 2A |
| 1 Oct 2026 | 3H · cancellation | LRV : ORDINARY FULLY PAID | 519.9M | Appendix 3H |
| 30 Sept 2026 | 2A · quoted issue | LRV : ORDINARY FULLY PAID | 520.0M | Appendix 2A |
| 23 Sept 2026 | 2A · quoted issue | LRV : ORDINARY FULLY PAID | 519.9M | Appendix 2A |
| 21 Sept 2026 | 2A · quoted issue | LRV : ORDINARY FULLY PAID | 519.8M | Appendix 2A |
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.
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 / 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.
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 24.1M 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 | — | — | 19.0M | 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. For what expires soon across other listed companies, see the options expiry calendar.
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 |
|---|---|---|---|---|---|---|---|
| 1 Oct 2026 | Mark William Tomlinson | Sell off-market | 804k | — | — | — | 3Y notice |
| 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 28 Oct 2026.