Companies / SNX

SIERRA NEVADA GOLD INC.

ASX:SNXMaterials
493.0M shares on issueASX (delayed) · as of 28 July 2026$0.080price · delayed$35.0Mmarket cap · indicative
D
Dilution grade

Share count grew 416% in 24 months; options/rights overhang 119% of shares; runway 4–8 quarters

Cash runway6.0 quarters of funding
Share-count growth (24m)416.5%
Raise cadence (24m)2 cash raises
Options & rights overhang118.6% of shares
In-the-money supply2.0% of shares
Pending proposed issuesnone

SIERRA NEVADA GOLD INC.'s ordinary share count grew 416.5% between June 2024 and June 2026, to 493M shares. The company raised capital twice in the 24-month window for total disclosed proceeds of A$11.7M, most recently reporting A$9.7M in proceeds in September 2025. Options and rights on issue could convert into 585M new shares, equal to 118.6% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is August 2026. At the March 2026 quarter the company reported A$4.0M in available cash, equivalent to 6.0 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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118.6%
Max option dilution
2.0%
ITM option dilution
1
Raises · last 12 months
6.0 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 493.0M per ASX (delayed) (28 July 2026).
488.2M490.0M491.7MNov 25Mar 26July 26

Cash runway

6.0 qtrs
More than four quarters of funding at the recent spend rate.
$4.0M 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
2 June 20263G · unquotedSNX : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB493.0MAppendix 3G
1 June 20262A · quoted issueSNX : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB493.0MAppendix 2A
27 Apr 20263H · cancellationSNX : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB488.0MAppendix 3H
1 Apr 20262A · quoted issueSNX : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB488.0MAppendix 2A
15 Dec 20253G · unquotedSNX : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB487.0MAppendix 3G
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

$9.7M
Capital raise
22 Sept 2025
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

118.6%
Total overhang · of current shares
2.0%
In the money · at current price
584.9M
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
1 June 2026Robert GrayOther9.0M390k—3Y notice
1 June 2026Brett ButlinOther———3Y notice
29 May 2026Brett ButlinOther5.0M——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

6 July 2026$PFirst Drill Results from As Safra, KSA
15 June 2026$PAs Safra Exploration Update
10 June 2026$PSNX appoints Chief Executive Officer to drive growth
2 June 2026Change of Director's Interest Notice - Butlin
2 June 2026Change of Director's Interest Notice - Gray
2 June 2026Notification regarding unquoted securities - SNX
1 June 2026Application for quotation of securities - SNX
1 June 2026Cleansing Notice
27 May 2026Results of Annual General Meeting
3 May 2026$PSNX commences drilling at As Safra Copper-Gold Project, KSA
30 Apr 2026$PExploration Licence Grant by Royal Decree
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
28 Apr 2026Notice of Annual General Meeting/Proxy Form
27 Apr 2026Change of Director's Interest Notice - Gray
27 Apr 2026Change of Director's Interest Notice - Butlin
27 Apr 2026Change of Director's Interest Notice - Moore
27 Apr 2026Notification of cessation of securities - SNX
16 Apr 2026$PNew Pass Trial Mining Update
14 Apr 2026$PAs Safra Exploration Update - Drilling Imminent
1 Apr 2026Application for quotation of securities - SNX

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