Companies / FG1

FLYNN GOLD LIMITED

ASX:FG1Materials
608.7M shares on issueASX (delayed) · as of 28 July 2026$0.020price · delayed$12.2Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 147% in 24 months; 3 cash raises in 24 months

Cash runway1.3 quarters of funding
Share-count growth (24m)147.2%
Raise cadence (24m)3 cash raises
Options & rights overhang60.2% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

FLYNN GOLD LIMITED's ordinary share count grew 147.2% between May 2024 and January 2026, to 609M shares. The company completed three capital raises in that period for total proceeds of A$9.0M, most recently raising A$5.0M in September 2025. Options and rights on issue could convert into 366M new shares, equal to 60.2% of the current share count, with 0% in the money at the current share price and the nearest expiry in November 2026. At the March 2026 quarter the company reported A$1.2M in available cash, representing about 1.3 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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60.2%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
1.3 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 608.7M per ASX (delayed) (28 July 2026).
334.3M435.0M535.7MDec 24Sept 25July 26Cash raise · 10 Sept 2025Cash raise · 24 Apr 2025Cash raise · 24 Feb 2025

Cash runway

1.3 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$1.2M 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
14 Jan 20262A · quoted issueFG1 : ORDINARY FULLY PAID608.7MAppendix 2A
18 Dec 20253G · unquotedFG1 : ORDINARY FULLY PAID608.7MAppendix 3G
14 Oct 20252A · quoted issueFG1 : ORDINARY FULLY PAID478.2MAppendix 2A
14 Oct 20252A · quoted issueFG1 : ORDINARY FULLY PAID440.3MAppendix 2A
14 Oct 20252A · quoted issueFG1 : ORDINARY FULLY PAID472.8MAppendix 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

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

$5.0M
Capital raise
10 Sept 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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

60.2%
Total overhang · of current shares
0.0%
In the money · at current price
366.1M
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.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
18 Dec 2025Neil MarstonOther———3Y notice
18 Dec 2025John ForwoodOther———3Y notice
18 Dec 2025Samuel GarrettOther———3Y 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

23 July 2026RRS Twilight Series Investor Presentation
21 July 2026$PKey Mining Lease Application Registered for Golden Ridge
15 July 2026$PFirst Firetower Drill Hole Extends High-Grade Gold-Tungsten
15 July 2026$PAmendment to Announcement on Firetower Project
3 July 2026$PDrilling Confirms Strike-Extensive Silver System
31 May 2026$PExpanded Drilling Program at Firetower Gold-Tungsten Project
25 May 2026Change of Share Registry Provider
5 May 2026Investor Presentation - Tasmanian Tungsten Projects
1 May 2026$PFlynn Completes Sale of WA Projects
27 Apr 2026$PMarch 2026 Quarterly Activities Report and Appendix 5B
14 Apr 2026Change in substantial holding
9 Apr 2026$PFlynn Ramps Up Gold Exploration at Golden Ridge, NE Tasmania
8 Apr 2026$PHigh-Grade Silver in First Hole at Silver King Mine Tasmania
23 Mar 2026$PMore Firetower Shallow High-Grade Gold-Tungsten Intercepts
11 Mar 2026Half Year Accounts
24 Feb 2026$PFlynn Reinforces Tasmanian Focus with Sale of WA Projects
19 Feb 2026$PDrilling Commences at High-Grade Silver King Prospect
8 Feb 2026$PExceptional Tungsten Assays up to 14.75% WO3 at Gorge Creek
28 Jan 2026$PDecember 2025 Quarterly Activities Report and Appendix 5B
14 Jan 2026Application for quotation of securities - FG1

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