Companies / TCG

TURACO GOLD LIMITED

ASX:TCGMaterials
1.08B shares on issueASX (delayed) · as of 28 July 2026$0.59price · delayed$614.2Mmarket cap · indicative
C
Dilution grade

Share count grew 43% in 24 months; 3 cash raises in 24 months; runway 4–8 quarters

Cash runway6.0 quarters of funding
Share-count growth (24m)43.4%
Raise cadence (24m)3 cash raises
Options & rights overhang2.5% of shares
In-the-money supply0.3% of shares
Pending proposed issuesnone

TURACO GOLD LIMITED's ordinary share count increased 43.4% between July 2024 and July 2026, to 1.08B shares. The company raised capital three times in that period for total disclosed proceeds of A$123.4M, most recently a A$63.7M Security Purchase Plan in June 2025. Options and rights on issue could convert into 27M new shares, equal to 2.5% of the current share count, with 0% in the money and the nearest expiry in December 2026. At the March 2026 quarter the company reported A$49.1M in available cash, about 6.0 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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2.5%
Max option dilution
0.3%
ITM option dilution
0
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 1.08B per ASX (delayed) (28 July 2026).
0.88B0.95B1.02BDec 24Sept 25July 26Cash raise · 25 June 2025Cash raise · 18 June 2025Cash raise · 27 May 2025

Cash runway

6.0 qtrs
More than four quarters of funding at the recent spend rate.
$49.1M 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
15 July 20262A · quoted issueTCG : ORDINARY FULLY PAID1.08BAppendix 2A
14 July 20262A · quoted issueTCG : ORDINARY FULLY PAID1.08BAppendix 2A
8 July 20262A · quoted issueTCG : ORDINARY FULLY PAID1.08BAppendix 2A
8 July 20262A · quoted issueTCG : ORDINARY FULLY PAID1.06BAppendix 2A
24 June 20262A · quoted issueTCG : ORDINARY FULLY PAID1.05BAppendix 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

3 cash raises in the last 24 months · 0 in the last 12 months

$63.7M
Security Purchase Plan
25 June 2025 ACTIVE
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

2.5%
Total overhang · of current shares
0.3%
In the money · at current price
27.1M
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
3 July 2026Justin TremainOther15.0M—$15k3Y notice
3 July 2026John FitzgeraldOther3.0M—$3k3Y notice
3 July 2026Justin TremainOther15.0M—$15k3Y 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

22 July 2026$PWoulo Woulo Drilling Provides 250m Vertical Extension
20 July 2026$PProject Development Director Appointment
15 July 2026Application for quotation of securities - TCG
15 July 2026s708A Notice - Issue of Shares
14 July 2026Application for quotation of securities - TCG
14 July 2026s708A Notice - Issue of Shares
9 July 2026Replacement Change of Director's Interest Notice
8 July 2026Change of Director's Interest Notice x 2
8 July 2026Application for quotation of securities - TCG
8 July 2026Application for quotation of securities - TCG
8 July 2026s708A Notice - Issue of Shares
24 June 2026Application for quotation of securities - TCG
24 June 2026s708A Notice - Issue of Shares
23 June 2026Proposed issue of securities - TCG
22 June 2026$PTuraco Advances Permit Interests in the Afema Project Region
16 June 2026$PInvestor Presentation - Afema PFS
16 June 2026$PAfema PFS Demonstrates Compelling Economics at plus 200kozpa
20 May 2026Ceasing to be a substantial holder
17 May 2026Change in substantial holding
13 May 2026Application for quotation of securities - TCG

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