TALI RESOURCES LTD
ASX:TR2MaterialsToday’s holders own 94.9% of what they think they own, once every option and right converts.
Runway 2–4 quarters; 1 cash raise in 24 months; options/rights overhang 5% of shares
TALI RESOURCES LTD had a share count of 129M as of May 2026. The company lodged no new share-issuance filings since January 2024, and its stated share count history is limited. In the past 24 months, the company conducted one capital raise, a A$3.0M placement in May 2026. Options and rights on issue could convert to 7M new shares, representing 5.4% of the current share count, with 1% in the money and the nearest expiry in May 2028. At the June 2026 quarter, TALI RESOURCES LTD reported A$4.3M in available cash, which at its recent spending rate covers approximately 3.7 quarters. No proposed securities issues are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 4 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 14 May 2026 | 2A · quoted issue | TR2 : ORDINARY FULLY PAID | 48.8M | Appendix 2A |
| 3 May 2026 | 3G · unquoted | TR2 : ORDINARY FULLY PAID | 37.5M | Appendix 3G |
| 9 Feb 2026 | 3G · unquoted | TR2 : ORDINARY FULLY PAID | 37.5M | Appendix 3G |
| 17 July 2025 | 3G · unquoted | TR2 : ORDINARY FULLY PAID | 37.5M | Appendix 3G |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (48.8M) need not equal the current count above (128.8M).
Capital raises
1 cash raise in the last 24 months · 1 in the last 12 months
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.39 today, 1.4M securities are in the money (1.0% of shares on issue) — a floor, because an exercise price is on record for only 28.1% of this supply. No more priced supply until 1.5× today’s price, which takes it to 1.9M (1.5% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 5.0M (71.9% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| TR2AB | Options | Price-triggered | — | 8 May 2028 | 5.0M | Filing |
| TR2AC | Options | Price-triggered | $0.30 | 18 July 2028 | 1.4M | Filing |
| TR2AD | Options | Price-triggered | $0.50 | 6 Feb 2029 | 300k | Filing |
| TR2AE | Options | Price-triggered | $0.50 | 30 Apr 2029 | 300k | Filing |
“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.
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.