NOVO RESOURCES CORP.
ASX:NVOMaterialsToday’s holders own 92.2% of what they think they own, once every option and right converts.
1 cash raise in 24 months; options/rights overhang 8% of shares
NOVO RESOURCES CORP.'s ordinary share count stood at 434M as of August 2026. The company raised capital once in the past 24 months, completing a placement in February 2026 for A$8.2M, which was the total raised during this period. Options and rights on issue could convert into 37M new shares, representing 8.4% of the current share count, with the nearest expiry date in November 2026. No in-the-money options exist, and no proposed securities issues are currently pending. The company has not lodged a current quarterly cash report, so no cash balance or funding runway figure is available on that basis. Growth in the share count over the 24-month window is not stated in the provided data.
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 |
|---|---|---|---|---|
| 28 May 2026 | 2A · quoted issue | CHESS DEPOSITARY INTERESTS 1:1 | 10.9M | Appendix 2A |
| 28 May 2026 | 2A · quoted issue | NVO : CHESS DEPOSITARY INTERESTS 1:1 | 127.4M | Appendix 2A |
| 28 May 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 127.4M | Appendix 3G |
| 28 May 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 127.4M | Appendix 3G |
| 16 Mar 2026 | 2A · quoted issue | NVO : CHESS DEPOSITARY INTERESTS 1:1 | 133.0M | Appendix 2A |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (10.9M) need not equal the current count above (434.1M).
Capital raises
1 cash raise 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
An exercise price is on record for only 8.2% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.070 today. No price up to ten times today’s switches on any more priced supply.
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 33.5M (91.8% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
- 3.0M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| NVOAC | Options | Price-triggered | $1.89 | 22 Nov 2026 | 3.0M | Filing |
| NVOO | Options | Price-triggered | — | 18 Mar 2029 | 25.3M | Filing |
| NVOAI | Warrants | Price-triggered | — | — | 8.2M | Filing |
“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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 28 May 2026 | Michael Spreadborough | Other placement | 476k | 238k | — | $50k | 3Y notice |
| 12 Jan 2026 | Quinton Hennigh | Buy on-market | 900k | — | — | $147k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.