Companies / ARI

ARIKA RESOURCES LIMITED

ASX:ARIMaterials
1.23B shares on issueASX (delayed) · as of 28 July 2026$0.026price · delayed$29.6Mmarket cap · indicative
C
Dilution grade

Share count grew 98% in 24 months; 5 cash raises in 24 months; runway 4–8 quarters

Cash runway4.6 quarters of funding
Share-count growth (24m)97.5%
Raise cadence (24m)5 cash raises
Options & rights overhang3.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

ARIKA RESOURCES LIMITED's ordinary share count grew 97.5% between October 2024 and June 2026, to 1.22B shares. The company raised capital five times in that period for total disclosed proceeds of A$19.7M, most recently a A$5.7M placement in December 2025. Options and rights on issue could convert into 40M new shares, equal to 3.3% of the current share count, with 0% in the money at the current share price and the nearest expiry in October 2027. At the March 2026 quarter the company reported A$8.2M in available cash, about 4.6 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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3.3%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
4.6 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 1.23B per ASX (delayed) (28 July 2026).
0.75B0.93B1.11BDec 24Sept 25July 26Cash raise · 2 Dec 2025Cash raise · 2 Dec 2025Cash raise · 11 June 2025Cash raise · 29 Apr 2025

Cash runway

4.6 qtrs
More than four quarters of funding at the recent spend rate.
$8.2M 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
4 June 20262A · quoted issueARI : ORDINARY FULLY PAID1.17BAppendix 2A
4 June 20262A · quoted issueARI : ORDINARY FULLY PAID1.22BAppendix 2A
25 May 20263H · cancellationARI : ORDINARY FULLY PAID1.16BAppendix 3H
25 May 20263H · cancellationARI : ORDINARY FULLY PAID1.16BAppendix 3H
20 Mar 20263H · cancellationARI : ORDINARY FULLY PAID1.15BAppendix 3H
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

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

$5.7M
Placement
2 Dec 2025 COMPLETE
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

3.3%
Total overhang · of current shares
0.0%
In the money · at current price
40.2M
Potential new shares
Oct 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

DateDirectorTypeSharesOptionsValueSource
23 May 2026Roger SteinepreisSell104.8M16.7M3Y notice
23 May 2026Justin BartonSell35.1M1.2M3Y notice
23 May 2026Steven WoodSell11.1M970k3Y 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

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