Companies / RWD

REWARD MINERALS LTD

ASX:RWDMaterials
280.8M shares on issueASX (delayed) · as of 28 July 2026$0.031price · delayed$8.4Mmarket cap · indicative
C
Dilution grade

Runway under 2 quarters; share count grew 10% in 24 months; 1 cash raise in 24 months

Cash runway1.2 quarters of funding
Share-count growth (24m)10.0%
Raise cadence (24m)1 cash raise
Options & rights overhang9.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

REWARD MINERALS LTD's ordinary share count rose 10.0% between November 2024 and July 2026, to 281M shares. The company raised capital once in that period for total proceeds of A$600K, most recently in December 2024 for A$600K. Options and rights on issue could convert into 25M new shares, equal to 9.0% of the current share count, with 0% in the money at the current share price and the nearest expiry in November 2026. At the June 2026 quarter the company reported A$297K in available cash, equivalent to 1.2 quarters of funding at its recent spending rate. 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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9.0%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
1.2 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 280.8M per ASX (delayed) (28 July 2026).
261.4M268.5M275.7MDec 24Sept 25July 26Cash raise · 19 Dec 2024

Cash runway

1.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$297k available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
8 July 20262A · quoted issueRWD: Ordinary Fully Paid280.8MAppendix 2A
1 July 20262A · quoted issueRWD : ORDINARY FULLY PAID280.8MAppendix 2A
6 May 20262A · quoted issueRWD : ORDINARY FULLY PAID274.8MAppendix 2A
20 Apr 20262A · quoted issueRWD : ORDINARY FULLY PAID274.7MAppendix 2A
7 Apr 20262A · quoted issueRWD : ORDINARY FULLY PAID274.5MAppendix 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

1 cash raise in the last 24 months · 0 in the last 12 months

$600k
Capital raise
19 Dec 2024
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

9.0%
Total overhang · of current shares
0.0%
In the money · at current price
25.2M
Potential new shares
Nov 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
13 July 2026Michael RuaneOther183k—$5k3Y notice
6 July 2026Michael RuaneOther24—$7213Y notice
1 July 2026Michael RuaneOther110.4M5.0M—3Y 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

27 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
20 July 2026$PExploration Update Newfoundland
16 July 2026Change of Director's Interest Notice
8 July 2026Appendix 2A Correction
7 July 2026Change of Director's Interest Notice
1 July 2026Change of Director's Interest Notice
1 July 2026Notice given under Section 708A(5) of the Corporations Act
1 July 2026Application for quotation of securities - RWD
30 June 2026Change of Director's Interest Notice
30 June 2026Proposed issue of securities - RWD
22 June 2026Change of Director's Interest Notice
10 June 2026$PNewfoundland Exploration Update
4 June 2026Change of Director's Interest Notice
29 May 2026Results of Meeting
29 May 2026Chair's Address to Shareholders
21 May 2026Change of Director's Interest Notice
14 May 2026Change of Director's Interest Notice
7 May 2026$PExploration Update Newfoundland
6 May 2026Cleansing Notice
6 May 2026Application for quotation of securities - RWD

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