TARRINA RESOURCES LIMITED
ASX:TR8MaterialsToday’s holders own 64.2% of what they think they own, once every option and right converts.
Runway 2–4 quarters; options/rights overhang 56% of shares; since relisting as TR8; prior history under MBX not included
TARRINA RESOURCES LIMITED has traded under its current code only since October 2025 following a rename from MBX, and all data presented reflects only the period after that change. The company has not lodged any share-issuance filings (Appendix 2A) since January 2024, so no share-count change figure is available for that window. It has not conducted any capital raises in the past 24 months. Options and rights on issue could convert into 237M new shares, equal to 55.7% of the current share count, none of which are in the money at current prices; the nearest expiry is in January 2027. The company has 2 to 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 3
How much placement capacity does TR8 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 TR8 have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Tarrina Resources reported $1.7M of cash and estimated 3.4 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do TR8's options expire?
Unexercised options and rights equal 55.7% of Tarrina Resources's shares on issue; the nearest expiry is Jan 2027.
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 |
|---|---|---|---|---|
| 15 July 2026 | 3H · cancellation | TR8 : ORDINARY FULLY PAID | 349.6M | Appendix 3H |
| 29 June 2026 | 3G · unquoted | TR8 : ORDINARY FULLY PAID | 349.6M | Appendix 3G |
| 18 Feb 2026 | 3H · cancellation | TR8 : ORDINARY FULLY PAID | 349.6M | Appendix 3H |
| 7 Jan 2026 | 3H · cancellation | TR8 : ORDINARY FULLY PAID | 349.6M | Appendix 3H |
| 5 Jan 2026 | 3H · cancellation | TR8 : ORDINARY FULLY PAID | 349.6M | Appendix 3H |
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 (349.6M) need not equal the current count above (426.1M).
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
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
An exercise price is on record for only 21.3% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.011 today. No more priced supply until 5× today’s price, which takes it to 50.0M (11.7% 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.
- 186.8M (78.7% 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.
- 460k more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| TR8AL | Options | Price-triggered | $1.50 | 7 Jan 2027 | 60k | Filing |
| TR8AI | Options | Price-triggered | $1.50 | 7 Jan 2027 | 400k | Filing |
| TR8AC | Options | Price-triggered, no exercise price stated | — | 12 Nov 2028 | 1.0M | Filing |
| TR8AH | Options | Price-triggered, no exercise price stated | — | 12 Nov 2028 | 1.3M | Filing |
| TR8AB | Options | Price-triggered, no exercise price stated | — | 12 Nov 2028 | 43.5M | Filing |
| TR8AD | Options | Price-triggered, no exercise price stated | — | 12 Nov 2028 | 141.0M | Filing |
| TR8AJ | Options | Price-triggered | $0.050 | 29 June 2029 | 50.0M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 12 Nov 2025 | Francis DeSouza | Other incentive | — | 6.0M | — | $66k | 3Y notice |
| 12 Nov 2025 | Guy Perkins | Other | 2.5M | 2.5M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.