MGX RESOURCES LIMITED
ASX:MGXMaterialsNo major dilution pressure signals in current disclosures
MGX Resources Limited's ordinary share count decreased 3.1% between July 2024 and July 2025, its latest share-count filing, to 1.18B shares. The company has not raised any capital through placements, rights issues or share purchase plans in the past 24 months. The latest cash report (a half-year or annual report, not a quarterly) indicates more than 4 quarters of funding at the recent spend rate. No options or rights on issue are disclosed in the filings, and no proposed securities issues (Appendix 3B) are pending. The share-count decline reflects a net reduction over the two observations in the 12-month period.
Quick answers · 2
How much placement capacity does MGX have left?
None of the 15% placement capacity counted as used in the last 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 has MGX's share count grown?
MGX Resources has 1.18B shares on issue as at 28 Oct 2026, down 3.1% 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 |
|---|---|---|---|---|
| 18 July 2025 | 2A · quoted issue | MGX : ORDINARY FULLY PAID | 1.18B | Appendix 2A |
| 2 May 2025 | 3H · cancellation | MGX : ORDINARY FULLY PAID | 1.18B | Appendix 3H |
| 8 Apr 2025 | 3H · cancellation | MGX : ORDINARY FULLY PAID | 1.18B | Appendix 3H |
| 28 Mar 2025 | 3H · cancellation | MGX : ORDINARY FULLY PAID | 1.19B | Appendix 3H |
| 14 Mar 2025 | 3H · cancellation | MGX : ORDINARY FULLY PAID | 1.19B | Appendix 3H |
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
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
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 27 Oct 2025 | Brett Smith | Buy on-market | 170k | — | — | — | 3Y notice |
| 27 Oct 2025 | Paul Dougas | Buy on-market | 30k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.