PICHE RESOURCES LIMITED
ASX:PR2Not ApplicShare count grew 68% in 24 months; 4 cash raises in 24 months; options/rights overhang 112% of shares
PICHE RESOURCES LIMITED's ordinary share count grew 68.2% between January 2025 and July 2026, to 140M shares. The company completed four capital raises in the 24-month window for total disclosed proceeds of A$7.5M, most recently an Entitlement Offer (Non-Renounceable) with Top-Up Placement raising A$3.5M in July 2026. Options and rights could convert into 157M new shares, equal to 112.1% of the current share count, with 0% in the money and the nearest expiry in May 2027. At the June 2026 quarter the company reported A$4.8M in cash, equal to 6.1 quarters of cover. Four proposed securities issues (Appendix 3B) are pending, the nearest proposed date is August 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 16 July 2026 | 2A · quoted issue | PR2 : ORDINARY FULLY PAID | 140.4M | Appendix 2A |
| 16 July 2026 | 2A · quoted issue | PR2 : ORDINARY FULLY PAID | 96.5M | Appendix 2A |
| 1 July 2026 | 3G · unquoted | ORDINARY FULLY PAID | 96.5M | Appendix 3G |
| 7 May 2026 | 3G · unquoted | ORDINARY FULLY PAID | 96.5M | Appendix 3G |
| 7 May 2026 | 3G · unquoted | ORDINARY FULLY PAID | 96.5M | Appendix 3G |
Capital raises
4 cash raises in the last 24 months · 4 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.