RAGUSA MINERALS LTD
ASX:RASMaterialsToday’s holders own 92.6% of what they think they own, once every option and right converts.
Runway under 2 quarters; 3 cash raises in 24 months; share count grew 11% in 24 months
RAGUSA MINERALS LTD's ordinary share count grew 11.2% between July 2025 and January 2026, to 198M shares. The company raised capital three times in the past 24 months for total disclosed proceeds of A$3.0M, most recently a A$600K placement in January 2026. Options on issue could convert into 16M new shares, equal to 8.0% of the current share count; none are currently in the money, and the nearest expiry is in October 2028. At the June 2026 quarter, the company reported A$137K in available cash, about 1.0 quarter of funding at its recent spending rate. No proposed securities issues are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 9 Sept 2026 | 3H · cancellation | RAS : ORDINARY FULLY PAID | 198.2M | Appendix 3H |
| 29 Jan 2026 | 2A · quoted issue | RAS : ORDINARY FULLY PAID | 198.2M | Appendix 2A |
| 25 Nov 2025 | 3H · cancellation | RAS : ORDINARY FULLY PAID | 178.2M | Appendix 3H |
| 31 Oct 2025 | 3G · unquoted | RAS : ORDINARY FULLY PAID | 178.2M | Appendix 3G |
| 31 Oct 2025 | 3G · unquoted | RAS : ORDINARY FULLY PAID | 178.2M | Appendix 3G |
Capital raises
3 cash raises in the last 24 months · 1 in the last 12 months
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.018 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 15.9M (8.0% 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 |
|---|---|---|---|---|---|---|
| RASAI | Options | Price-triggered | $0.030 | 31 Oct 2028 | 15.9M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 25 Nov 2025 | Jerko Peter Zuvela | Sell | 2.1M | 900k | — | — | 3Y notice |
| 25 Nov 2025 | Melanie Jane Ross | Sell | 167k | 400k | — | — | 3Y notice |
| 25 Nov 2025 | Olaf Sven Frederickson | Sell | 1.0M | 1.0M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.