Companies / WAF

WEST AFRICAN RESOURCES LIMITED

ASX:WAFMaterials
1.14B shares on issueASX (delayed) · as of 28 July 2026$2.94price · delayed$3.20Bmarket cap · indicative
A
Dilution grade

Runway 4–8 quarters

Cash runway6.1 quarters of funding
Share-count growth (24m)0.6%
Raise cadence (24m)0 cash raises
Options & rights overhang0.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone
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0.7%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
6.1 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 1.14B per ASX (delayed) (28 July 2026).
1.141B1.142B1.143BDec 24Sept 25July 26

Cash runway

—
Cover not computed for the latest quarter.
$1.31B 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
6 July 20262A · quoted issueWAF : ORDINARY FULLY PAID1.14BAppendix 2A
11 May 20262A · quoted issueWAF : ORDINARY FULLY PAID1.14BAppendix 2A
11 May 20263G · unquotedWAF : ORDINARY FULLY PAID1.14BAppendix 3G
1 May 20262A · quoted issueWAF : ORDINARY FULLY PAID1.14BAppendix 2A
17 Apr 20263G · unquotedORDINARY FULLY PAID1.14BAppendix 3G
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

No equity raises in the last 24 months.
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

0.7%
Total overhang · of current shares
0.0%
In the money · at current price
8.2M
Potential new shares
—
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
29 June 2026Rodney L LeonardSell———3Y notice
8 May 2026Richard HydeOther15.1M——3Y notice
8 May 2026Lyndon George HopkinsOther1.8M——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

27 July 2026WAF June 2026 Quarterly Investor Call
13 July 2026$PWAF hits 27m at 6.7 g/t gold 200m below M5 South UG reserve
8 July 2026Change in substantial holding
6 July 2026$PProduction Update - June 2026 Quarter
6 July 2026Application for quotation of securities - WAF
5 July 2026Becoming a substantial holder
3 July 2026Ceasing to be a substantial holder
29 June 2026Change of Director's Interest Notice
26 June 2026Becoming a substantial holder
24 June 2026Change in substantial holding
18 June 2026Change in substantial holding
11 June 2026Change in substantial holding
31 May 2026Change in substantial holding
18 May 2026Ceasing to be a substantial holder
18 May 2026Change in substantial holding
13 May 2026Change in substantial holding
12 May 2026Becoming a substantial holder
11 May 2026Change in substantial holding
11 May 2026Change of Director's Interest Notice x 3
11 May 2026Application for quotation of securities - WAF

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