Companies / DEV

DEVEX RESOURCES LIMITED

ASX:DEVEnergy
710.3M shares on issueASX (delayed) · as of 28 July 2026$0.27price · delayed$184.7Mmarket cap · indicative
C
Dilution grade

Share count grew 61% in 24 months; 2 cash raises in 24 months; options/rights overhang 6% of shares

Cash runway15.9 quarters of funding
Share-count growth (24m)60.8%
Raise cadence (24m)2 cash raises
Options & rights overhang5.9% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

DEVEX RESOURCES LIMITED listed in October 2000. Its ordinary share count grew 60.8% between September 2024 and July 2026, to 710M shares. The company raised capital twice in the 24-month window for total disclosed proceeds of A$77.8M, most recently a A$38.9M placement in December 2025. Options and rights on issue could convert into 42M new shares, equal to 5.9% of the current share count, with 0% in the money at the current share price and the nearest expiry in November 2028. At the March 2026 quarter DEVEX reported A$33.9M in cash, about 15.9 quarters of cover. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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5.9%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
15.9 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 710.3M per ASX (delayed) (28 July 2026).
498.1M576.0M653.9MDec 24Sept 25July 26Cash raise · 3 Dec 2025Cash raise · 28 Nov 2025

Cash runway

15.9 qtrs
More than four quarters of funding at the recent spend rate.
$33.9M 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
9 July 20262A · quoted issueDEV : ORDINARY FULLY PAID710.3MAppendix 2A
24 Apr 20263G · unquotedORDINARY FULLY PAID710.1MAppendix 3G
27 Feb 20263G · unquotedORDINARY FULLY PAID710.1MAppendix 3G
29 Jan 20262A · quoted issueDEV : ORDINARY FULLY PAID710.1MAppendix 2A
27 Jan 20263G · unquotedORDINARY FULLY PAID599.8MAppendix 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

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

$38.9M
Placement
3 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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

5.9%
Total overhang · of current shares
0.0%
In the money · at current price
42.1M
Potential new shares
Nov 2028
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 Jan 2026Timothy GoyderOther25.0M1.0M$3.5M3Y notice
29 Jan 2026Matthew YatesOther1.0M3.0M$145k3Y notice
29 Jan 2026Brendan BradleyOther207k3.0M$30k3Y 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 2026Investor Presentation - July 2026
20 July 20262026 Drilling Campaign Commences at Nabarlek
9 July 2026S708A Cleansing Notice - Conversion of Performance Rights
9 July 2026Application for quotation of securities - DEV
29 June 2026DevEx Completes Acquisition of AGE's Uranium Tenure in NT
22 June 2026DevEx Secures Further Funding for Nabarlek Drill Campaign
21 June 2026$PDevEx included in Sprott Junior Uranium Miners ETF
3 May 2026Nabarlek Uranium Exploration Strategy Presentation
1 May 2026Investor Webcast - Nabarlek Uranium Exploration Strategy
28 Apr 2026$PStrategic Uranium Pipeline - Priority Targets Advancing
27 Apr 2026$PQuarterly Activities and Cashflow Report - March 2026
24 Apr 2026Notification regarding unquoted securities - DEV
17 Mar 2026Euroz Hartleys Rottnest Conference Presentation - March 2026
17 Mar 2026$PAdditional km-scale soil anomalies identified at Murphy West
13 Mar 2026Half Year Accounts - December 2025
27 Feb 2026Notification regarding unquoted securities - DEV
19 Feb 2026North American Investor Presentation - February 2026
29 Jan 2026Becoming a Substantial Holder - Kluck
29 Jan 2026Change of Director's Interest Notice - M Yates
29 Jan 2026Change of Director's Interest Notice - B Bradley

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