Companies / ESR

ESTRELLA RESOURCES LIMITED

ASX:ESRMaterials
2.23B shares on issueASX (delayed) · as of 28 July 2026$0.025price · delayed$55.8Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 27% in 24 months; 7 cash raises in 24 months

Cash runway-1.2 quarters of funding
Share-count growth (24m)26.9%
Raise cadence (24m)7 cash raises
Options & rights overhang57.5% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

ESTRELLA RESOURCES LIMITED's ordinary share count grew 26.9% between June 2024 and July 2026, to 2.23B shares. The company completed seven capital raises in that period with total disclosed proceeds of A$15.4M, most recently a A$5.1M placement in August 2025 (total covers only raises with disclosed, confirmed proceeds). Options and rights could convert into 1.28B new shares, equal to 57.5% of the current share count, with 0% in the money and the nearest expiry in December 2026. At the March 2026 quarter the company reported iq cash of A$-3.0M, representing -1.2 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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57.5%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
-1.2 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 2.23B per ASX (delayed) (28 July 2026).
1.97B2.07B2.16BDec 24Sept 25July 26Cash raise · 18 Aug 2025Cash raise · 2 May 2025Cash raise · 27 Feb 2025Cash raise · 19 Feb 2025Cash raise · 29 Jan 2025

Cash runway

-1.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-3.0M 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
7 July 20262A · quoted issueESR : ORDINARY FULLY PAID2.23BAppendix 2A
10 June 20262A · quoted issueESR : ORDINARY FULLY PAID2.22BAppendix 2A
21 May 20263G · unquotedESR : ORDINARY FULLY PAID2.21BAppendix 3G
19 Mar 20263G · unquotedESR : ORDINARY FULLY PAID2.21BAppendix 3G
18 Mar 20262A · quoted issueESR : ORDINARY FULLY PAID2.21BAppendix 2A
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

7 cash raises in the last 24 months · 1 in the last 12 months

$5.1M
Placement
18 Aug 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

57.5%
Total overhang · of current shares
0.0%
In the money · at current price
1.28B
Potential new shares
Dec 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.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
7 July 2026Les PereiraSell——$150k3Y notice
7 July 2026John Timothy KingswoodBuy11.0M—$275k3Y notice
6 July 2026Les PereiraSell120k—$3k3Y 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

12 July 2026$PHigh-Grade Copper, Manganese, Nickel and Silver Discoveries
7 July 2026Change of Director's Interest Notice x 2
7 July 2026Cleansing notice under s708A
7 July 2026Application for quotation of securities - ESR
1 July 2026$PTimor Exploration Update - High Grade Manganese Rock Chips
14 June 2026Letter from the Managing Director
10 June 2026Change of Director's Interest Notice
10 June 2026Cleansing notice under s708A
10 June 2026Application for quotation of securities - ESR
29 May 2026Advanced UAV Survey Completed
26 May 2026Initial Director's Interest Notice
22 May 2026Board and Management Update
21 May 2026Notification regarding unquoted securities - ESR
18 May 2026$PAdvanced UAV Survey Commenced
13 May 2026$PMaiden Resource - Werumata Limestone Project
10 May 2026$PIra Miri Delivers High-Grade Manganese Inventory
4 May 2026ESR receipts final $4m from Option Underwriting Agreement
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
15 Apr 2026Investor Presentation - Ignite HK April 2026
7 Apr 2026ESR confirms receipt of $4m Tranche 1 Funds

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