YANDAL RESOURCES LIMITED
ASX:YRLMaterialsToday’s holders own 95.5% of what they think they own, once every option and right converts.
In a trading halt since 28 Oct 2026: “Pending release of an announcement regarding a capital raising” · expected to resume 30 Oct 2026
Runway under 2 quarters; share count grew 43% in 24 months; 1 cash raise in 24 months
YANDAL RESOURCES LIMITED's ordinary share count increased 42.9% between March 2024 and June 2026, its latest share-count filing, to 383M shares. The company raised capital once in the past 24 months, a A$13.5M Placement in October 2025. Options and rights on issue could convert into 18M new shares, equal to 4.7% of current shares, with none in the money at the current share price; the nearest expiry falls in November 2026. The company has under 2 quarters of funding at the recent spend rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in November 2026.
Quick answers · 6
Why is YRL in a trading halt?
Yandal Resources requested a trading halt on 28 Oct 2026, giving the reason "Pending release of an announcement regarding a capital raising". Trading was expected to resume 30 Oct 2026.
Is YRL raising capital?
Yandal Resources has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $13.5M on 1 Oct 2025.
How much placement capacity does YRL have left?
About 98% of the 15% placement capacity left, about 2% used in 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 YRL have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Yandal Resources reported $3.3M of cash and estimated 0.5 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do YRL's options expire?
Unexercised options and rights equal 4.7% of Yandal Resources's shares on issue; the nearest expiry is Nov 2026.
How much has YRL's share count grown?
Yandal Resources has 382.6M shares on issue as at 28 Oct 2026, up 42.9% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 9 July 2026 | 3G · unquoted | YRL : ORDINARY FULLY PAID | 382.6M | Appendix 3G |
| 9 June 2026 | 2A · quoted issue | YRL : ORDINARY FULLY PAID | 382.6M | Appendix 2A |
| 7 Apr 2026 | 3H · cancellation | YRL : ORDINARY FULLY PAID | 381.5M | Appendix 3H |
| 3 Mar 2026 | 2A · quoted issue | YRL : ORDINARY FULLY PAID | 381.5M | Appendix 2A |
| 26 Nov 2025 | 3G · unquoted | YRL : ORDINARY FULLY PAID | 379.5M | Appendix 3G |
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
1 cash raise in the last 24 months · 0 in the last 12 months
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- November 2026 · Diamond drilling assay results (results due)
- November 2026 · Non-priority and air-core assay results (results due)
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
At $0.080 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 7.3M (1.9% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| YRLAX | Options | Price-triggered | $0.13 | 30 Nov 2026 | 2.7M | Filing |
| YRLAU | Options | Price-triggered | $0.18 | 27 Feb 2027 | 1.0M | Filing |
| YRLAG | Options | Price-triggered | $0.16 | 1 Mar 2027 | 350k | Filing |
| YRLAH | Options | Price-triggered | $0.21 | 1 Mar 2027 | 350k | Filing |
| YRLAW | Options | Price-triggered | $0.27 | 1 Mar 2027 | 2.0M | Filing |
| YRLAZ | Options | Price-triggered | $0.35 | 28 Nov 2027 | 3.4M | Filing |
| YRLAY | Options | Price-triggered | $0.28 | 2 Sept 2028 | 1.0M | Filing |
| YRLAAA | Options | Price-triggered | $0.14 | 30 Nov 2028 | 4.7M | Filing |
| — | Options | Price-triggered | $0.30 | 30 Nov 2029 | 2.8M | 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 |
|---|---|---|---|---|---|---|---|
| 4 Apr 2026 | MR GREGORY RICHARD EVANS | Sell | 929k | 550k | — | — | 3Y notice |
| 18 Feb 2026 | MR CHRISTOPHER NEWMAN | Buy on-market | 143k | — | — | $32k | 3Y notice |
| 26 Nov 2025 | KATINA LAW | Other | 2.4M | 500k | — | — | 3Y notice |
| 26 Nov 2025 | MR GREGORY RICHARD EVANS | Other | 929k | 1.5M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.