PILBARA GOLD LIMITED
ASX:PGLMaterialsToday’s holders own 96.5% of what they think they own, once every option and right converts.
Runway under 2 quarters; since relisting as PGL; prior history under KAI not included
Low because 4 of its 6 signals are quiet.
PILBARA GOLD LIMITED, which began trading under its current name in April 2026 after a rename, had 234M ordinary shares as of July 2026, its latest share-count filing, up 2.8% since May 2026. It has not raised capital through any cash placement, rights issue or share purchase plan in that 24-month window. Options and rights on issue could convert into 8M new shares, equal to 3.6% of the current share count, with none in the money; no expiry date for these securities is on record. The company has under 2 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 2
How much cash does PGL have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Pilbara Gold reported $17.8M of cash and estimated 1.8 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does PGL have outstanding?
Unexercised options and rights equal 3.6% of Pilbara 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 |
|---|---|---|---|---|
| 1 Oct 2026 | 3G · unquoted | PGL : ORDINARY FULLY PAID | 234.0M | Appendix 3G |
| 7 July 2026 | 2A · quoted issue | PGL : ORDINARY FULLY PAID | 234.0M | Appendix 2A |
| 19 June 2026 | 2A · quoted issue | PGL : ORDINARY FULLY PAID | 233.9M | Appendix 2A |
| 19 June 2026 | 3G · unquoted | ORDINARY FULLY PAID | 233.8M | Appendix 3G |
| 12 June 2026 | 2A · quoted issue | PGL : ORDINARY FULLY PAID | 233.8M | Appendix 2A |
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
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 · Final drill results availability (results due)
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 8.4M 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 |
|---|---|---|---|---|---|---|
| PGLAAD | Performance rights | Condition-triggered | — | — | 8.4M | 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 |
|---|---|---|---|---|---|---|---|
| 1 Oct 2026 | Dr Peter Turner | Other | 6.4M | 2.4M | — | — | 3Y notice |
| 1 Oct 2026 | Mr Zane Lewis | Other | 2.6M | 442k | — | — | 3Y notice |
| 10 July 2026 | Mr Simon Lill | Buy on-market | 300k | — | — | $149k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.