RIVERSGOLD LIMITED
ASX:RGLMaterialsToday’s holders own 77.3% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 41% in 24 months; 4 cash raises in 24 months
RIVERSGOLD LIMITED's ordinary share count grew 41.4% between October 2024 and June 2026, its latest share-count filing, to 2.30B shares. The company raised capital four times in the 24-month window for total disclosed proceeds of A$6.1M, most recently a Placement in October 2026. Options and rights on issue could convert into 678M new shares, equal to 29.4% of the current share count, none of which are in the money at the current share price; the nearest expiry falls in July 2027. The company has under 2 quarters of funding at the recent spend rate. Two proposed securities issues (Appendix 3B) are pending, with the nearest expected in December 2026.
Quick answers · 5
Is RGL raising capital?
Riversgold has 2 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026.
How much placement capacity does RGL 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 RGL have?
In its quarterly cash report for the quarter ended 30 June 2026, Riversgold reported $1.2M of cash and estimated 1.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do RGL's options expire?
Unexercised options and rights equal 29.4% of Riversgold's shares on issue; the nearest expiry is July 2027.
How much has RGL's share count grown?
Riversgold has 2.30B shares on issue as at 28 Oct 2026, up 41.4% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 16 June 2026 | 2A · quoted issue | RGL : ORDINARY FULLY PAID | 2.30B | Appendix 2A |
| 30 Apr 2026 | 2A · quoted issue | RGL : ORDINARY FULLY PAID | 2.30B | Appendix 2A |
| 5 Mar 2026 | 2A · quoted issue | RGL : ORDINARY FULLY PAID | 2.30B | Appendix 2A |
| 28 Jan 2026 | 2A · quoted issue | RGL : ORDINARY FULLY PAID | 2.28B | Appendix 2A |
| 28 Jan 2026 | 2A · quoted issue | RGL : ORDINARY FULLY PAID | 2.09B | 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
4 cash raises in the last 24 months · 3 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 / 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
An exercise price is on record for only 49.5% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.007 today. No more priced supply until 1.25× today’s price, which takes it to 1.3M (0.1% 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.
- 342.5M (50.5% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| RGLAW | Options | Price-triggered | $0.010 | 12 July 2027 | 134.0M | Filing |
| RGLO | Options | Price-triggered, no exercise price stated | — | 20 Dec 2027 | 342.5M | Filing |
| RGLAX | Options | Price-triggered | $0.008 | 23 Dec 2027 | 1.3M | Filing |
| RGLAY | Options | Price-triggered | $0.012 | 9 Dec 2029 | 100.0M | Filing |
| RGLAZ | Options | Price-triggered | $0.015 | 9 Dec 2029 | 100.0M | 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.
- RGLAJPrice-triggered10.0M securities → 023 Dec 2025 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 9 Dec 2025 | David Lenigas | Other | — | 40.0M | — | — | 3Y notice |
| 9 Dec 2025 | Edward Mead | Other | — | 40.0M | — | — | 3Y notice |
| 9 Dec 2025 | Simon Andrew | Other | — | 40.0M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.