PRODIGY GOLD NL
ASX:PRXMaterialsToday’s holders own 87.5% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 189% in 24 months; 2 cash raises in 24 months
PRODIGY GOLD NL's share count grew 189% between October 2024 and July 2025, its latest share-count filing (adjusted for a 1-for-20 share consolidation in October 2025), to 337M shares. The company raised capital twice in the 24-month window, total proceeds A$15.1M, the most recent being a A$7.9M Entitlement Offer in October 2026. Options and rights on issue could convert into 48M new shares (14.2% overhang of current shares), none in the money, with nearest expiry November 2026. Cash funding stood at under 2 quarters of funding at the recent spend rate (September 2026 quarter). One proposed securities issue (Appendix 3B) is pending with an expected date of November 2026.
Quick answers · 5
Why was PRX in a trading halt?
Prodigy Gold requested a trading halt on 7 Oct 2026, giving the reason "Pending an announcement in relation to a capital raising". Trading was expected to resume 9 Oct 2026.
Is PRX raising capital?
Prodigy Gold has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Entitlement Offer of $7.9M on 8 Oct 2026.
How much placement capacity does PRX have left?
None of the 15% placement capacity counted as used in the last 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does PRX have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Prodigy Gold reported $2.0M of cash and estimated 1.9 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do PRX's options expire?
Unexercised options and rights equal 14.2% of Prodigy Gold's shares on issue; the nearest expiry is Nov 2026.
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 |
|---|---|---|---|---|
| 4 May 2026 | 3H · cancellation | PRX : ORDINARY FULLY PAID | 337.1M | Appendix 3H |
| 21 Jan 2026 | 3H · cancellation | PRX : ORDINARY FULLY PAID | 337.1M | Appendix 3H |
| 4 Nov 2025 | 3H · cancellation | PRX : ORDINARY FULLY PAID | 337.1M | Appendix 3H |
| 30 July 2025 | 2A · quoted issue | PRX : ORDINARY FULLY PAID | 6.74B | Appendix 2A |
| 21 July 2025 | 2A · quoted issue | PRX : ORDINARY FULLY PAID | 6.35B | 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
2 cash raises in the last 24 months · 1 in the last 12 months
Retail offer
An offer existing holders can take part in — the one structural advantage retail has in a raise. Dated recently and not yet recorded as complete.
Closing dates are not in the filings this site holds. Check the company's own announcement below before acting on this.
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
At $0.049 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 47.8M (14.2% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| PRXAK | Options | Price-triggered | $0.14 | 30 Nov 2026 | 12.5M | Filing |
| PRXAJ | Options | Price-triggered | $0.24 | 16 Oct 2027 | 250k | Filing |
| PRXAM | Options | Price-triggered | $0.10 | 30 Nov 2027 | 35.2M | 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 |
|---|---|---|---|---|---|---|---|
| 3 Nov 2025 | Brett Smith | Buy on-market | 350k | 75k | — | $19k | 3Y notice |
| 27 Oct 2025 | Brett Smith | Other | — | — | — | — | 3Y notice |
| 27 Oct 2025 | Mark Edwards | Other | — | — | — | — | 3Y notice |
| 27 Oct 2025 | Neale Edwards | Other | 350k | 78k | 39k | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.