Companies / PGO

PACGOLD LIMITED

ASX:PGOMaterials
436.2M shares on issueASX (delayed) · as of 28 July 2026$0.17price · delayed$74.2Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 315% in 24 months; 3 cash raises in 24 months

Cash runway0.2 quarters of funding
Share-count growth (24m)314.7%
Raise cadence (24m)3 cash raises
Options & rights overhang34.6% of shares
In-the-money supply30.3% of shares
Pending proposed issuesnone

PACGOLD LIMITED's ordinary share count rose 314.7% between October 2024 and June 2026, to 436M shares. The company raised capital three times in that period for total disclosed proceeds of A$22.9M, most recently A$13.0M in October 2025. Options and rights on issue could convert into 151M new shares, equal to 34.6% of the current share count, of which 30% are in the money at the current share price; the nearest expiry is September 2026. At the March 2026 quarter the company reported A$837K in available cash, about 0.2 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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34.6%
Max option dilution
30.3%
ITM option dilution
1
Raises · last 12 months
0.2 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 436.2M per ASX (delayed) (28 July 2026).
195.5M283.8M372.2MDec 24Sept 25July 26Cash raise · 1 Oct 2025Cash raise · 27 May 2025

Cash runway

0.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$837k available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
9 June 20262A · quoted issuePGO : ORDINARY FULLY PAID436.2MAppendix 2A
4 Mar 20262A · quoted issuePGO : ORDINARY FULLY PAID432.9MAppendix 2A
26 Feb 20262A · quoted issuePGO : ORDINARY FULLY PAID432.2MAppendix 2A
3 Feb 20262A · quoted issuePGO : ORDINARY FULLY PAID430.8MAppendix 2A
2 Feb 20262A · quoted issuePGO : ORDINARY FULLY PAID426.3MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

3 cash raises in the last 24 months · 1 in the last 12 months

$13.0M
Capital raise
1 Oct 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

34.6%
Total overhang · of current shares
30.3%
In the money · at current price
150.9M
Potential new shares
Sept 2026
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
9 June 2026RICHARD HACKEROther1.0M1.0M$104k3Y notice
26 Feb 2026MATTHEW BOYESBuy500k——3Y notice
19 Jan 2026MATTHEW BOYESBuy500k——3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

23 July 2026$PSignificant High-Grade Gold & Copper Discovery at White Dam
22 July 2026Noosa Mining Investor Conference - Presentation
21 July 2026$PTrading Halt
20 July 2026$PShallow Gold Extensions Identified at Vertigo Deposit
7 July 2026Notice of General Meeting/Proxy Form
24 June 2026$PSecond Gold Pour from White Dam Project
22 June 2026Final Director's Interest Notice
21 June 2026Board Update
9 June 2026Change of Director's Interest Notice
9 June 2026Cleansing Notice
9 June 2026Application for quotation of securities - PGO
4 June 2026Webinar Presentation - Strategic North Qld Assets Demerger
3 June 2026Webinar - Strategic North Queensland Asset Demerger
2 June 2026$PStrategic Demerger of North Qld Assets
31 May 2026$PTrading Halt
27 May 2026$PVertigo Deposit Drilling Recommenced at White Dam
6 May 2026$PWhite Dam Drilling Encounters New Shallow Gold Zones
4 May 2026RIU Sydney Resources Roundup - Presentation
3 May 2026$PPacgold Pours First Gold Dore Bar from White Dam Project
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.