Companies / VR8

VANADIUM RESOURCES LIMITED

ASX:VR8Materials
669.7M shares on issueASX (delayed) · as of 28 July 2026$0.013price · delayed$9.4Mmarket cap · indicative
C
Dilution grade

Runway 2–4 quarters; share count grew 19% in 24 months; 2 cash raises in 24 months

Cash runway2.4 quarters of funding
Share-count growth (24m)19.0%
Raise cadence (24m)2 cash raises
Options & rights overhang17.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

VANADIUM RESOURCES LIMITED's ordinary share count grew 19.0% between June 2024 and May 2026, to 670M shares. The company raised capital twice in that period for total disclosed proceeds of A$2.1M, most recently A$881K in April 2026. Options and rights on issue could convert into 117M new shares, equal to 17.4% of the current share count, with 0% in the money at present and the nearest expiry in October 2026. At the March 2026 quarter the company reported A$655K in cash, representing 2.4 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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17.4%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
2.4 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 669.7M per ASX (delayed) (28 July 2026).
585.1M616.2M647.2MDec 24Sept 25July 26Cash raise · 29 Apr 2026Cash raise · 22 July 2025

Cash runway

2.4 qtrs
Two to four quarters of funding at the recent spend rate.
$655k 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
22 June 20263H · cancellationORDINARY FULLY PAID669.7MAppendix 3H
15 May 20262A · quoted issueVR8 : ORDINARY FULLY PAID669.7MAppendix 2A
11 May 20262A · quoted issueVR8 : ORDINARY FULLY PAID663.8MAppendix 2A
3 Dec 20253G · unquotedVR8 : ORDINARY FULLY PAID624.7MAppendix 3G
1 Aug 20252A · quoted issueVR8 : ORDINARY FULLY PAID624.7MAppendix 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 · 1 in the last 12 months

$881k
Capital raise
29 Apr 2026
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

17.4%
Total overhang · of current shares
0.0%
In the money · at current price
116.7M
Potential new shares
Oct 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
22 June 2026Mr Michael DavySell———3Y notice
22 June 2026Mr Jurie Hendrik WesselsOther48.5M1.7M—3Y notice
22 June 2026Mr John CiganekSell———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

1 July 2026Change of Director's Interest Notice
24 June 2026Change of Director's Interest Notice
24 June 2026Change of Director's Interest Notice
22 June 2026Notification of cessation of securities - VR8
15 May 2026Notice under section 708A(5)(e)
15 May 2026Application for quotation of securities - VR8
11 May 2026Notice under section 708A(5)(e)
11 May 2026Application for quotation of securities - VR8
3 May 2026Proposed issue of securities - VR8
3 May 2026$PUS Critical Minerals Development Supported by Placement
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
29 Apr 2026$PTrading Halt
27 Apr 2026$PRand Merchant Bank Appointed as Advisor
27 Apr 2026$PUS Vanadium Non Binding Offtake Term Sheet
13 Mar 2026Half Yearly Accounts
29 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
21 Jan 2026$PResponse to ASX Price Query
4 Dec 2025Change of Director's Interest Notice
4 Dec 2025Change of Director's Interest Notice
3 Dec 2025Notification regarding unquoted securities - VR8

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