Companies / SQX

SQX RESOURCES LIMITED

ASX:SQXMaterials
92.5M shares on issueASX (delayed) · as of 28 July 2026$0.050price · delayed$5.5Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 196% in 24 months; options/rights overhang 41% of shares

Cash runway-0.3 quarters of funding
Share-count growth (24m)196.2%
Raise cadence (24m)2 cash raises
Options & rights overhang40.9% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

SQX RESOURCES LIMITED listed in February 2023 and its disclosure history is short. The ordinary share count grew 196.2% between February 2025 and July 2026, to 93M shares. The company raised capital twice in the 24‑month window for total proceeds of A$4.0M, most recently a A$2.0M placement in October 2025. Options and rights on issue could convert into 38M new shares, equal to 40.9% of the current share count, with none in the money and the nearest expiry in December 2026. At the March 2026 quarter the company reported iq cash of A$-423K, equivalent to -0.3 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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40.9%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
-0.3 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 92.5M per ASX (delayed) (28 July 2026).
44.1M61.9M79.7MDec 24Sept 25July 26Cash raise · 13 Oct 2025Cash raise · 13 Oct 2025

Cash runway

-0.3 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-423k 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
24 July 20263H · cancellationSQX : ORDINARY FULLY PAID92.5MAppendix 3H
17 July 20262A · quoted issueSQX : ORDINARY FULLY PAID92.5MAppendix 2A
3 July 20263G · unquotedSQX : ORDINARY FULLY PAID71.3MAppendix 3G
10 Feb 20263H · cancellationSQX: ORDINARY FULLY PAID71.3MAppendix 3H
6 Jan 20262A · quoted issueSQX : ORDINARY FULLY PAID71.3MAppendix 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 · 2 in the last 12 months

$2.0M
Placement
13 Oct 2025 COMPLETE
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

40.9%
Total overhang · of current shares
0.0%
In the money · at current price
37.8M
Potential new shares
Dec 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
17 July 2026DR JULIAN RODNEY STEPHENSOther3.9M——3Y notice
13 Feb 2026MR BEVAN TARRATTBuy1.1M—$201k3Y notice
12 Jan 2026Patric Michael GlovacBuy110k3.0M$17k3Y 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

24 July 2026Change in substantial holding
24 July 2026Appendix 3Y
24 July 2026Notification of cessation of securities - SQX
17 July 2026Conversion of Performance Rights Into Shares
17 July 2026Section 708A Cleansing Statement
17 July 2026Application for quotation of securities - SQX
3 July 2026Notification regarding unquoted securities - SQX
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
22 Apr 2026$PRed Bird Gold System Expands, Open in Multiple Directions
12 Apr 2026$POutstanding High-Grade Gold Intercepts at Red Bird
8 Apr 2026Proposed issue of securities - SQX
31 Mar 2026$PExceptional Maiden Drilling Results at Red Bird Gold Project
29 Mar 2026$PTrading Halt
23 Mar 2026$PSpectacular Channel Sampling Assays at Red Bird Gold Project
23 Mar 2026Response to ASX Query Letter - Securities Trading Policy
16 Mar 2026Half-Year Report 31 December 2025
24 Feb 2026Investor Presentation - USA Gold & Silver Portfolio
24 Feb 2026$PRed Bird Maiden 2,500m RC Drilling Completed - Arizona, USA
17 Feb 2026Appendix 3Y
17 Feb 2026Appendix 3X

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