OREZONE GOLD CORPORATION
ASX:OREMaterialsToday’s holders own 96.7% of what they think they own, once every option and right converts.
Not rated — listed too recently to rate
Listed too recently — there is not enough filing history to score yet. Not rated means no assessment — not low risk.
OREZONE GOLD CORPORATION has no share-issuance filings on record, so a share-count change is not reported. In the past 24 months, the company has not raised capital through any cash placement, rights issue or share purchase plan. Options and rights on issue total 24M potential new shares, representing 3.4% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is December 2026. The company has no current quarterly or half-year annual cash report runway figure on record. No proposed securities issues are pending.
Quick answers · 2
How much placement capacity does ORE 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 ORE's options expire?
Unexercised options and rights equal 3.4% of Orezone Gold Corporation's shares on issue; the nearest expiry is Dec 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 |
|---|---|---|---|---|
| 22 Oct 2026 | 3G · unquoted | ORE : CDI 1:1 FOREIGN EXEMPT TSX | 28.2M | Appendix 3G |
| 19 Oct 2026 | 3G · unquoted | ORE : CHESS DEPOSITARY INTERESTS 1:1 | 28.2M | Appendix 3G |
| 9 Oct 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS | 34.7M | Appendix 3G |
| 9 Oct 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 34.7M | Appendix 3G |
| 21 Sept 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 34.7M | Appendix 3G |
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 (28.2M) need not equal the current count above (719.1M).
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
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
- Price-triggered17.8M · 2.5% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered6.6M · 0.9% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 17.8M priced (of which 17.8M in the money), 6.6M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
At $2.82 today, 17.8M securities are in the money (2.5% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 17.8M (2.5% of shares).
- 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.
- 6.6M (27.0% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| OREAF | Options | Price-triggered | $1.25 | 22 Dec 2026 | 395k | Filing |
| OREAG | Options | Price-triggered | $1.18 | 3 Feb 2027 | 604k | Filing |
| OREAH | Options | Price-triggered | $1.50 | 9 Mar 2027 | 150k | Filing |
| OREAI | Options | Price-triggered | $1.60 | 11 Apr 2027 | 200k | Filing |
| OREAJ | Options | Price-triggered | $0.78 | 23 June 2027 | 4.2M | Filing |
| OREAK | Options | Price-triggered | $1.32 | 24 June 2027 | 84k | Filing |
| OREAL | Options | Price-triggered | $0.78 | 17 July 2027 | 300k | Filing |
| OREAM | Options | Price-triggered | $0.81 | 11 Jan 2028 | 1.2M | Filing |
| OREAN | Options | Price-triggered | $1.26 | 19 Jan 2028 | 1.7M | Filing |
| OREAO | Options | Price-triggered | $1.20 | 15 June 2028 | 82k | Filing |
| OREAP | Options | Price-triggered | $0.89 | 17 Oct 2028 | 300k | Filing |
| OREAQ | Options | Price-triggered | $0.80 | 18 Jan 2029 | 3.3M | Filing |
| OREAR | Options | Price-triggered | $0.72 | 7 June 2029 | 107k | Filing |
| OREAS | Options | Price-triggered | $0.70 | 16 Jan 2030 | 4.4M | Filing |
| OREAY | Options | Price-triggered | $2.44 | 13 Apr 2031 | 807k | Filing |
| OREAW | Options | Price-triggered | $2.63 | 2 Sept 2031 | 6k | Filing |
| OREAAA | Options | Price-triggered | $3.17 | 1 Oct 2031 | 17k | Filing |
| OREAU | — | Condition-triggered | — | — | 1.7M | Filing |
| OREAT | — | Condition-triggered | — | — | 4.9M | Filing |
68k of the 4.9M granted 9 Oct 2026: conditions on continued service. Terms | ||||||
“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 line under a class is a grant of rights into it, as read from the company’s own filings: its size, any share-price or market-cap hurdles, and the other kinds of condition it carries. A grant is often only part of the class, so its terms say nothing about the rest. Whether a hurdle has been met is not shown.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 22 June 2026 | Sean Harvey | Other | 181k | — | — | — | 3Y notice |
| 13 Apr 2026 | Patrick Downey | Other incentive | 11k | 1.9M | 200k | — | 3Y notice |
| 27 Mar 2026 | Joseph Conway | Other | 58k | — | — | $61k | 3Y notice |
| 27 Mar 2026 | Kate Harcourt | Other | 58k | — | — | $61k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.