Companies / AA2

ARIANA RESOURCES PLC

ASX:AA2Materials
308.3M shares on issueASX (delayed) · as of 28 July 2026$0.31price · delayed$95.6Mmarket cap · indicative
C
Dilution gradeprovisional — limited history

Runway under 2 quarters; options/rights overhang 953% of shares; 1 cash raise in 24 months

Cash runway1.8 quarters of funding
Share-count growth (24m)-4.9%
Raise cadence (24m)1 cash raiseexcludes announced events with no matching share-issuance (Appendix 2A) filing
Options & rights overhang953.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

ARIANA RESOURCES PLC's ordinary share count declined 4.9% between December 2025 and May 2026, to 50M shares. The company raised capital once in the 24-month window for total proceeds of A$8.0M, most recently raised in December 2025 for A$8.0M. Options and rights on issue could convert into 2.94B new shares, equal to 953.4% of the current share count, of which 0% are in the money; the nearest expiry is December 2027. At the March 2026 quarter the company reported A$2.3M in available cash, about 1.8 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending, 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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953.4%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
1.8 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 308.3M per ASX (delayed) (28 July 2026).
276.5M288.3M300.1MSept 25Feb 26July 26Cash raise · 8 Dec 2025

Cash runway

1.8 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$2.3M 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 May 20263G · unquotedCHESS DEPOSITARY INTERESTS 1:1046.1MAppendix 3G
22 May 20262A · quoted issueAA2 : CHESS DEPOSITARY INTERESTS 1:1049.6MAppendix 2A
29 Apr 20263G · unquotedAA2 : CHESS DEPOSITARY INTERESTS 1:1046.4MAppendix 3G
29 Apr 20263G · unquotedAA2 : CHESS DEPOSITARY INTERESTS 1:1046.4MAppendix 3G
5 Feb 20263G · unquotedCHESS DEPOSITARY INTERESTS52.5MAppendix 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

1 cash raise in the last 24 months · 1 in the last 12 months

$8.0M
Capital raise
8 Dec 2025
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

1 proposed issue 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

953.4%
Total overhang · of current shares
0.0%
In the money · at current price
2.94B
Potential new shares
Dec 2027
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

No director dealing notices (Appendix 3Y) on record.
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$PUpdate on Turkish Mining Interests
1 July 2026Statement of CDIs on issue - AA2
16 June 2026Investor Webinar
2 June 2026Statement of CDIs on issue - AA2
31 May 2026Proposed issue of securities - AA2
31 May 2026Results of Annual General Meeting
29 May 2026Presentation to 2026 AGM
27 May 2026Update to Optimised Dokwe Gold Project PFS Announcement
27 May 2026Cleansing Notice
26 May 2026$POptimised Dokwe Gold Project PFS Yields Excellent Metrics
24 May 2026$PTrading Halt
22 May 2026Notification regarding unquoted securities - AA2
22 May 2026Application for quotation of securities - AA2
17 May 2026$PSale of 13.6% Interest in Zenit for US$19.5 Million in Cash
13 May 2026$PResource Growth Potential Identified Along Strike at Dokwe
12 May 2026Statement of CDIs on issue - AA2
6 May 2026$PUpdate on Dokwe Project Feasibility Activities
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
29 Apr 2026Notification regarding unquoted securities - AA2
29 Apr 2026Notification regarding unquoted securities - AA2

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