Companies / WYX

WESTERN YILGARN NL

ASX:WYXMaterials
157.3M shares on issueASX (delayed) · as of 28 July 2026$0.027price · delayed$4.2Mmarket cap · indicative
F
Dilution grade

Share count grew 64% in 24 months; 6 cash raises in 24 months; options/rights overhang 91% of shares

Cash runway4.0 quarters of funding
Share-count growth (24m)64.1%
Raise cadence (24m)6 cash raises
Options & rights overhang90.6% of shares
In-the-money supply5.2% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

WESTERN YILGARN NL's ordinary share count grew 64.1% between June 2024 and October 2025, to 157M shares. The company raised capital six times in the 24-month window for total disclosed proceeds of A$2.2M, most recently a Security Purchase Plan (SPP) that raised A$500K in July 2026. Options and rights on issue could convert into 143M new shares, equal to 90.6% of the current share count, of which 5% are in the money at the current share price; the nearest expiry is November 2026. At the June 2026 quarter the company reported A$1.1M in cash, about 4.0 quarters of cover. Two proposed securities issues (Appendix 3B) are pending, the nearest with an expected issue date in August 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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90.6%
Max option dilution
5.2%
ITM option dilution
2
Raises · last 12 months
4.0 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 157.3M per ASX (delayed) (28 July 2026).
112.9M129.2M145.5MDec 24Sept 25July 26Cash raise · 14 July 2026Cash raise · 30 Sept 2025Cash raise · 7 Apr 2025Cash raise · 4 Apr 2025Cash raise · 26 Mar 2025

Cash runway

4.0 qtrs
More than four quarters of funding at the recent spend rate.
$1.1M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
18 Dec 20253G · unquotedWYX : ORDINARY FULLY PAID157.3MAppendix 3G
21 Oct 20252A · quoted issueWYX : ORDINARY FULLY PAID157.3MAppendix 2A
10 Oct 20252A · quoted issueWYX : ORDINARY FULLY PAID157.0MAppendix 2A
4 Sept 20252A · quoted issueWYX : ORDINARY FULLY PAID139.3MAppendix 2A
8 Aug 20252A · quoted issueWYX : ORDINARY FULLY PAID137.9MAppendix 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

6 cash raises in the last 24 months · 2 in the last 12 months

$500k
Security Purchase Plan (SPP)
14 July 2026 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

2 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

90.6%
Total overhang · of current shares
5.2%
In the money · at current price
142.5M
Potential new shares
Nov 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
18 Dec 2025John CiganekOther—3.8M—3Y notice
18 Dec 2025Peter MichaelOther—3.8M—3Y notice
18 Dec 2025Pedro KastellorizosOther—3.8M—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

21 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
19 July 2026Share Purchase Plan Offer Open
19 July 2026Update - Proposed issue of securities - WYX
14 July 2026Proposed issue of securities - WYX
14 July 2026$PSPP Prospectus
14 July 2026$PWYX Launches Share Purchase Plan
13 July 2026$PGold Exploration at Ida Holmes Junction Project
24 May 2026$PHigh-Grade Gallium Delineated at Cardea 1
19 May 2026Technical Adviser Appointment
26 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
12 Apr 2026$PGranted Status given over Gascoyne Gold Projects
11 Mar 2026Half Year Accounts
17 Feb 2026$PHigh-Grade Cobalt-Nickel-Lead-Scandium over Ida Holmes
8 Feb 2026$PSurface Assay Results confirm High-Grade Gallium-Tellurium
28 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
19 Jan 2026$PLand Access Agreement Signed at Julimar West Bauxite Project
18 Dec 2025Change of Director's Interest Notice x4
18 Dec 2025Notification regarding unquoted securities - WYX
14 Dec 2025$PGround Exploration Commences at Ida Holmes Junction
28 Nov 2025Results of Meeting

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