Companies / RCR

RINCON RESOURCES LIMITED

ASX:RCRMaterials
522.2M shares on issueASX (delayed) · as of 28 July 2026$0.015price · delayed$7.3Mmarket cap · indicative
D
Dilution grade

Share count grew 79% in 24 months; runway 2–4 quarters; 2 cash raises in 24 months

Cash runway3.4 quarters of funding
Share-count growth (24m)79.3%
Raise cadence (24m)2 cash raises
Options & rights overhang29.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

RINCON RESOURCES LIMITED's ordinary share count rose 79.3% between July 2024 and May 2026 to 522M shares. The company raised capital twice in the 24-month window, with total disclosed proceeds of A$3.1M and the most recent raise on February 2026 showing A$3.1M of proceeds. Options and rights could convert into 154M new shares, equal to 29.6% of the current share count, with 0% in the money at the current share price and the nearest expiry in August 2026. At the March 2026 quarter the company reported A$1.6M in available cash, equivalent to 3.4 quarters of cover. 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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29.6%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
3.4 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 522.2M per ASX (delayed) (28 July 2026).
340.8M407.4M474.0MDec 24Sept 25July 26Cash raise · 25 Feb 2026Cash raise · 17 July 2025

Cash runway

3.4 qtrs
Two to four quarters of funding at the recent spend rate.
$1.6M 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
12 May 20262A · quoted issueRCR : ORDINARY FULLY PAID522.2MAppendix 2A
12 May 20263G · unquotedRCR : ORDINARY FULLY PAID390.6MAppendix 3G
12 May 20263G · unquotedRCR : ORDINARY FULLY PAID390.6MAppendix 3G
16 Mar 20263H · cancellationRCR : ORDINARY FULLY PAID390.6MAppendix 3H
9 Mar 20262A · quoted issueRCR : ORDINARY FULLY PAID390.6MAppendix 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 · 1 in the last 12 months

$3.1M
Capital raise
25 Feb 2026
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

29.6%
Total overhang · of current shares
0.0%
In the money · at current price
154.4M
Potential new shares
Aug 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
12 May 2026Mr Michael GriffithsOther600k30.0M$105k3Y notice
11 May 2026Mr Blair SergeantOther2.7M10.0M$40k3Y notice
11 May 2026Mr Don StrangOther2.0M10.0M$30k3Y 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

30 June 2026$PWest Arunta Joint Venture
21 June 2026Drill Rig Secured for Telfer South Project
14 May 2026Change of Director's Interest Notice x4
12 May 2026Cleansing Statement
12 May 2026Notification regarding unquoted securities - RCR
12 May 2026Notification regarding unquoted securities - RCR
12 May 2026Application for quotation of securities - RCR
10 May 2026$PMajor Geophysical Target Identified Under Hasties Au-Cu Zone
1 May 2026Results of Meeting
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
13 Apr 2026$PTwo Additional Gold Copper Targets on Telfer South Project
1 Apr 2026Letter to Shareholders regarding General Meeting
1 Apr 2026Notice of General Meeting/Proxy Form
16 Mar 2026Notification of cessation of securities - RCR
12 Mar 2026Half Year Accounts
9 Mar 2026Cleansing Statement
9 Mar 2026Application for quotation of securities - RCR
3 Mar 2026$PSale of Laverton and Proposed Sale or JV at West Arunta
1 Mar 2026Proposed issue of securities - RCR
1 Mar 2026$PSuccessful Completion of $3.1 Million Placement

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