NOVO RESOURCES CORP.
ASX:NVOMaterialsToday’s holders own 92.2% of what they think they own, once every option and right converts.
Runway under 2 quarters; 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, a A$8.2M placement in February 2026. Options and rights on issue could convert into 37M new shares, equal to 8.4% of the current share count, with none in the money at the current share price; the nearest expiry falls in November 2026. The latest cash report on record is a half-year/annual report; no quarterly cash report or funding-runway figure is available. No proposed securities issues are pending.
Quick answers · 3
When did NVO last raise capital?
The last capital raise in Novo Resources Corp's filings is Placement of $8.2M announced 25 Feb 2026, one of 1 cash raises in 24 months.
How much placement capacity does NVO 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.
When do NVO's options expire?
Unexercised options and rights equal 8.4% of Novo Resources Corp's shares on issue; the nearest expiry is Nov 2026.
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 |
|---|---|---|---|---|
| 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).
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
1 cash raise in the last 24 months · 1 in the last 12 months
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- by end 2026 · Regional stream and soil sampling (planned)
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
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 $0.059 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, no exercise price stated | — | 18 Mar 2029 | 25.3M | Filing |
| NVOAI | Warrants | Price-triggered, no exercise price stated | — | — | 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. For what expires soon across other listed companies, see the options expiry calendar.
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 28 Oct 2026.