Companies / MRR

MINREX RESOURCES LIMITED

ASX:MRRMaterials
2.14B shares on issueAppendix 2A · as of 27 July 2026$0.015price · delayed$33.1Mmarket cap · indicative
C
Dilution grade

Share count grew 98% in 24 months; 2 cash raises in 24 months; options/rights overhang 19% of shares

Cash runway25.6 quarters of funding
Share-count growth (24m)97.5%
Raise cadence (24m)2 cash raises
Options & rights overhang18.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

MINREX RESOURCES LIMITED's ordinary share count grew 97.5% between February 2025 and July 2026, to 2.14B shares. The company raised capital twice in that period for total disclosed proceeds of A$357K, most recently A$130K in April 2025. Options and rights on issue could convert into 401M new shares, equal to 18.7% of the current share count, with 0% in the money at the current share price and the nearest expiry in January 2030. At the March 2026 quarter the company reported A$7.7M in available cash, equivalent to 25.6 quarters of cover. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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18.7%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
25.6 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 2.14B per Appendix 2A (27 July 2026).
1.31B1.61B1.92BDec 24Sept 25July 26Cash raise · 30 Apr 2025Cash raise · 17 Jan 2025

Cash runway

25.6 qtrs
More than four quarters of funding at the recent spend rate.
$7.7M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
27 July 20262A · quoted issueMRR : ORDINARY FULLY PAID2.14BAppendix 2A
25 June 20262A · quoted issueMRR : ORDINARY FULLY PAID2.14BAppendix 2A
12 Apr 20262A · quoted issueMRR : ORDINARY FULLY PAID2.14BAppendix 2A
5 Dec 20253H · cancellationORDINARY FULLY PAID1.08BAppendix 3H
30 Apr 20252A · quoted issueMRR : ORDINARY FULLY PAID1.08BAppendix 2A
Paid plan
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 · 0 in the last 12 months

$130k
Capital raise
30 Apr 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

18.7%
Total overhang · of current shares
0.0%
In the money · at current price
400.9M
Potential new shares
Jan 2030
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
18 June 2026Glenn WhiddonBuy7.9M6.3M$153k3Y notice
12 May 2026Ian ShackletonBuy850k—$17k3Y notice
11 May 2026James PearseBuy516k—$10k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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

27 July 2026Cleansing Notice
27 July 2026Application for quotation of securities - MRR
26 July 2026Board Change - E.Clarici
1 July 2026Minrex Appoints Leading Serbian Management Team
30 June 2026$PMinrex Provides Drilling and Operational Update
25 June 2026Cleansing Notice
25 June 2026Application for quotation of securities - MRR
23 June 2026Change of Director's Interest Notice
2 June 2026Initial Director's Interest Notice
2 June 2026Appointment of Non-Executive Chair
1 June 2026$PMinrex Commences Drilling at Barje Deposit, Tlamino
26 May 2026$P2026 Growth and Execution Plan
14 May 2026Change of Director's Interest Notice x2
5 May 2026Corporate Presentation
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
21 Apr 2026Proposed issue of securities - MRR
21 Apr 2026$PAppointment of Chief Executive Officer
14 Apr 2026Becoming a substantial holder
12 Apr 2026Initial Director's Interest Notice
12 Apr 2026Application for quotation of securities - MRR

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.