Companies / EQR

EQ RESOURCES LIMITED

ASX:EQRMaterials
5.15B shares on issueASX (delayed) · as of 28 July 2026$0.27price · delayed$1.34Bmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 149% in 24 months; 10 cash raises in 24 months

Cash runway-0.0 quarters of funding
Share-count growth (24m)149.3%
Raise cadence (24m)10 cash raises
Options & rights overhang20.8% of shares
In-the-money supply20.1% of shares
Pending proposed issuesnone

EQ RESOURCES LIMITED's ordinary share count grew 149.3% between June 2024 and July 2026, to 5.15B shares. The company raised capital ten times in that 24‑month window for total disclosed proceeds of A$158.2M, most recently a A$34.0M placement in December 2025. Options and rights on issue could convert into 1.07B new shares, equal to 20.8% of the current share count, of which 20% are in the money; the nearest expiry is November 2026. At the June 2026 quarter the company reported A$33.1M in available cash, with cover reported as -0.0 quarters. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
20.8%
Max option dilution
20.1%
ITM option dilution
5
Raises · last 12 months
0.0 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 5.15B per ASX (delayed) (28 July 2026).
2.85B3.69B4.54BDec 24Sept 25July 26Cash raise · 2 Dec 2025Cash raise · 2 Dec 2025Cash raise · 29 Aug 2025Cash raise · 29 Aug 2025Cash raise · 18 Aug 2025Cash raise · 7 July 2025Cash raise · 4 July 2025Cash raise · 21 May 2025Cash raise · 6 Dec 2024

Cash runway

—
Cover not computed for the latest quarter.
$33.1M 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.
Join the waitlist

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
22 July 20263H · cancellationEQR : ORDINARY FULLY PAID5.14BAppendix 3H
22 July 20262A · quoted issueEQR : ORDINARY FULLY PAID5.15BAppendix 2A
15 July 20263H · cancellationEQR : ORDINARY FULLY PAID5.14BAppendix 3H
12 July 20262A · quoted issueEQR : ORDINARY FULLY PAID5.14BAppendix 2A
10 July 20262A · quoted issueEQR : ORDINARY FULLY PAID5.11BAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

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

$34.0M
Placement
2 Dec 2025 COMPLETE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

20.8%
Total overhang · of current shares
20.1%
In the money · at current price
1.07B
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.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
15 Apr 2026Mr Craig Richard BradshawOther———3Y notice
23 Mar 2026Zhui Pei YeoOther114.8M6.0M—3Y notice
23 Mar 2026Oliver KleinhempelOther23.5M6.0M—3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

27 July 2026Ceasing to be a substantial holder
27 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
22 July 2026Company Secretary Appointment/Resignation
22 July 2026Notification of cessation of securities - EQR
22 July 2026Cleansing Notice
22 July 2026Application for quotation of securities - EQR
21 July 2026Becoming a substantial holder
19 July 2026$PDr Andrew Forrest AO to acquire 16.8% of EQR from Oaktree
15 July 2026EQR Appoints General Manager Growth & Discovery
15 July 2026Notification of cessation of securities - EQR
13 July 2026$PEQR Investor Presentation
12 July 2026Cleansing Notice
12 July 2026Application for quotation of securities - EQR
12 July 2026$PEQR Barruecopardo Back To Mining Higher Grade Ore
10 July 2026Cleansing Notice
10 July 2026Application for quotation of securities - EQR
10 July 2026EQR Completes Mt Carbine Increased Exploration Transaction
8 July 2026$PPlatform set to capitalise on Record Price Environment
7 July 2026Cleansing Notice
7 July 2026Application for quotation of securities - EQR

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