PC GOLD LTD
ASX:PC2MaterialsToday’s holders own 96.1% of what they think they own, once every option and right converts.
Share count grew 24% in 24 months; 3 cash raises in 24 months; proposed issue pending
PC GOLD LTD's latest share count stood at 387M shares as of September 2026; the filed Appendix 2A series does not cover the full 24-month window, so a comparable growth figure from the start of that series is not available. The company raised capital three times in the past 24 months for total proceeds of A$114.3M, most recently a A$77.0M placement in August 2026. Options and rights on issue could convert into 16M new shares, equal to 4.1% of current shares; none are in the money, and no expiry date is on record for these securities. The company has more than 4 quarters of funding at the recent spend rate. Two proposed securities issues (Appendix 3B) are pending, with the nearest expected date in December 2026.
Quick answers · 3
Is PC2 raising capital?
Pc Gold has 2 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $77.0M on 27 Aug 2026.
How much cash does PC2 have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Pc Gold reported $85.5M of cash and estimated 12.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does PC2 have outstanding?
Unexercised options and rights equal 4.1% of Pc Gold's shares on issue.
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 |
|---|---|---|---|---|
| 3 Sept 2026 | 2A · quoted issue | PC2 : ORDINARY FULLY PAID | 270.8M | Appendix 2A |
| 3 Sept 2026 | 2A · quoted issue | PC2 : ORDINARY FULLY PAID | 201.2M | Appendix 2A |
| 16 July 2026 | 2A · quoted issue | PC2 : ORDINARY FULLY PAID | 199.4M | Appendix 2A |
| 16 July 2026 | 3G · unquoted | PC2 : ORDINARY FULLY PAID | 199.1M | Appendix 3G |
| 16 July 2026 | 3G · unquoted | PC2 : ORDINARY FULLY PAID | 199.1M | 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 (270.8M) need not equal the current count above (386.8M).
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
3 cash raises in the last 24 months · 2 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 · RC assay results (results due)
- by end 2026 · Updated Mineral Resource Estimate (to complete)
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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 15.8M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| PC2AC | Performance rights | Condition-triggered | — | — | 1.3M | Filing Meeting |
| PC2AD | Performance rights | Condition-triggered | — | — | 14.5M | Filing Meeting |
“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 condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 16 July 2026 | Ash Pattison | Other | — | — | 5.0M | $2.7M | 3Y notice |
| 16 July 2026 | John Menzies | Other | — | — | 1.3M | $683k | 3Y notice |
| 16 July 2026 | Kevin Puil | Other incentive | — | — | 2.5M | $1.4M | 3Y notice |
| 16 July 2026 | Robert Jewson | Other | — | — | 2.5M | $1.4M | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.