ROX RESOURCES LIMITED
ASX:RXLMaterialsToday’s holders own 97.5% of what they think they own, once every option and right converts.
Share count grew 240% in 24 months; 5 cash raises in 24 months; proposed issue pending
ROX RESOURCES LIMITED's ordinary share count grew 239.5% between September 2024 and October 2026, its latest share-count filing, to 1.39B shares. The company raised capital five times in that period for total disclosed proceeds of A$312.0M, most recently a A$219.0M Placement (two-tranche) plus Share Purchase Plan in November 2025. Options and rights on issue could convert into 36M new shares, equal to 2.6% of the current share count, none of which are in the money; the nearest expiry date is not stated in any filing on record. No funding-runway figure applies because the latest quarter's spending was dominated by property, plant and equipment rather than operating costs. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in November 2026.
Quick answers · 5
Is RXL raising capital?
Rox Resources has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement (two-tranche) + Share Purchase Plan of $219.0M on 14 Nov 2025.
How much placement capacity does RXL 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 RXL have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Rox Resources reported $59.3M of cash and estimated 61.4 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does RXL have outstanding?
Unexercised options and rights equal 2.6% of Rox Resources's shares on issue.
How much has RXL's share count grown?
Rox Resources has 1.39B shares on issue as at 28 Oct 2026, up 239.5% 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 |
|---|---|---|---|---|
| 7 Oct 2026 | 2A · quoted issue | RXL : ORDINARY FULLY PAID | 1.39B | Appendix 2A |
| 7 Oct 2026 | 3G · unquoted | ORDINARY FULLY PAID | 1.39B | Appendix 3G |
| 7 Sept 2026 | 3G · unquoted | ORDINARY FULLY PAID | 1.39B | Appendix 3G |
| 28 Aug 2026 | 2A · quoted issue | RXL : ORDINARY FULLY PAID | 1.39B | Appendix 2A |
| 10 Aug 2026 | 2A · quoted issue | RXL : ORDINARY FULLY PAID | 1.39B | 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
5 cash raises in the last 24 months · 1 in the last 12 months
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- October 2026 · Production drilling commencement (to start)
- October 2026 · Underground borehole drilling commencement (to start)
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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 35.5M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| RXLAC | Performance rights | Condition-triggered | — | — | 35.5M | Filing Meeting |
“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.
A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 29 July 2026 | Mr Phillip Wilding | Other incentive | 1.5M | — | — | — | 3Y notice |
| 29 July 2026 | Mr Stephen Dennis | Other incentive | 500k | — | 500k | — | 3Y notice |
| 5 May 2026 | Mr Nathan Stoitis | Other incentive | 500k | — | 500k | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.