Companies / PR1

PURE RESOURCES LIMITED

ASX:PR1Materials
71.5M shares on issueASX (delayed) · as of 28 July 2026$0.32price · delayed$22.9Mmarket cap · indicative
C
Dilution grade

Share count grew 86% in 24 months; options/rights overhang 167% of shares; 2 cash raises in 24 months

Cash runway16.6 quarters of funding
Share-count growth (24m)86.2%
Raise cadence (24m)2 cash raises
Options & rights overhang166.6% of shares
In-the-money supply115.2% of shares
Pending proposed issuesnone

PURE RESOURCES LIMITED's ordinary share count grew 86.2% between April 2024 and May 2026, to 70M shares. The company raised capital twice in that period for total disclosed proceeds of A$4.7M, most recently a A$3.0M placement in March 2026. Options and rights on issue could convert into 119M new shares, equal to 166.6% of the current share count, of which 115% are in the money at the current share price; the nearest expiry is December 2028. At the March 2026 quarter the company reported A$4.0M in available cash, about 16.6 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are currently pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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166.6%
Max option dilution
115.2%
ITM option dilution
2
Raises · last 12 months
16.6 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 71.5M per ASX (delayed) (28 July 2026).
51.4M58.7M66.1MDec 24Sept 25July 26Cash raise · 26 Mar 2026Cash raise · 10 Dec 2025

Cash runway

16.6 qtrs
More than four quarters of funding at the recent spend rate.
$4.0M 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
28 May 20262A · quoted issuePR1 : ORDINARY FULLY PAID58.0MAppendix 2A
28 May 20262A · quoted issuePR1 : ORDINARY FULLY PAID59.3MAppendix 2A
28 May 20262A · quoted issuePR1 : ORDINARY FULLY PAID69.8MAppendix 2A
28 May 20262A · quoted issuePR1 : ORDINARY FULLY PAID57.8MAppendix 2A
27 May 20262A · quoted issuePR1 : ORDINARY FULLY PAID58.0MAppendix 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

2 cash raises in the last 24 months · 2 in the last 12 months

$3.0M
Placement
26 Mar 2026 COMPLETE
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

166.6%
Total overhang · of current shares
115.2%
In the money · at current price
119.0M
Potential new shares
Dec 2028
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
11 Dec 2025PATRIC MICHAEL GLOVACBuy—4.0M$3803Y notice
11 Dec 2025JANE CHANGHUA LAWBuy—2.0M$2003Y 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

27 July 2026$PGH Garnet Product Validated Against Intl Abrasive Standards
24 July 2026$PDivestment of Non-Core Mt Monger Gold Project
20 July 2026$PHREE Successfully Recovered from Garnet Hills - ORNL
5 July 2026$PMajor Milestone CNTF Fabric Manufacturing Achieved
23 June 2026$PAssessed ''Awardable'' for DARPA ERIS Marketplace Funding
21 June 2026Vice President US Technology & Commercialisation Appointment
17 June 2026$PCNTF 5x Lighter than Copper Opens Drone & Robotics Markets
4 June 2026$PVice Admiral Jeff Trussler - Amendment
1 June 2026$PVice Admiral Jeff Trussler USNavy (Ret) Joins Advisory Board
28 May 2026$PCompletion of Placement and Issue of Securities
28 May 2026Section 708A Cleansing Statement
28 May 2026Application for quotation of securities - PR1
28 May 2026Update - Application for quotation of securities - PR1
28 May 2026Application for quotation of securities - PR1
28 May 2026Application for quotation of securities - PR1
27 May 2026Application for quotation of securities - PR1
22 May 2026Results of Meeting
17 May 2026Sean Ebert AML3D CEO Appointed as PR1 Board Adviser
13 May 2026$PSampling Accelerates Thermal Management and Defence Strategy
10 May 2026$PPR1 Establishes Defence Materials Platform Strategy

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