Companies / FIN

FIN RESOURCES LIMITED

ASX:FINMaterials
1.48B shares on issueASX (delayed) · as of 28 July 2026$0.004price · delayed$7.4Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 113% in 24 months; 5 cash raises in 24 months

Cash runway-0.4 quarters of funding
Share-count growth (24m)112.6%
Raise cadence (24m)5 cash raises
Options & rights overhang18.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

FIN RESOURCES LIMITED's ordinary share count increased 112.6% between April 2025 and June 2026, to 1.48B shares. The company raised capital five times in the 24-month window for total disclosed proceeds of A$10.9M, most recently a A$3.8M placement in February 2026. Options and rights on issue could convert into 276M new shares, equal to 18.7% of the current share count, with 0% currently in the money and the nearest expiry in December 2026. At the March 2026 quarter the company reported iq cash of A$-739K, equivalent to -0.4 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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18.7%
Max option dilution
0.0%
ITM option dilution
4
Raises · last 12 months
-0.4 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 1.48B per ASX (delayed) (28 July 2026).
0.82B1.06B1.30BDec 24Sept 25July 26Cash raise · 6 Feb 2026Cash raise · 6 Feb 2026Cash raise · 24 Oct 2025Cash raise · 24 Oct 2025Cash raise · 10 Mar 2025

Cash runway

-0.4 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-739k 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
6 July 20263H · cancellationFIN : ORDINARY FULLY PAID1.48BAppendix 3H
25 June 20262A · quoted issueFIN : ORDINARY FULLY PAID1.48BAppendix 2A
10 Apr 20262A · quoted issueFIN : ORDINARY FULLY PAID1.46BAppendix 2A
10 Apr 20263G · unquotedFIN : ORDINARY FULLY PAID1.34BAppendix 3G
27 Feb 20262A · quoted issueFIN : ORDINARY FULLY PAID1.34BAppendix 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

5 cash raises in the last 24 months · 4 in the last 12 months

$3.8M
Placement
6 Feb 2026 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

18.7%
Total overhang · of current shares
0.0%
In the money · at current price
275.8M
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
25 June 2026Mark FreemanOther329k——3Y notice
31 Dec 2025Bruce McFadzeanOther3.1M3.1M—3Y notice
27 Nov 2025Aaron BertolattiOther5.5M5.0M—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

6 July 2026Notification of cessation of securities - FIN
25 June 2026Change of Director's Interest Notice
25 June 2026Section 708(A) Cleansing Notice - Share Issue
25 June 2026Application for quotation of securities - FIN
19 June 2026FIN Awarded Government Grant to Expand Cabin Lake Geophysics
14 June 2026$PShallow High-Grade Gold Confirmed and New Targets Identified
19 May 2026$PMultiple Shallow High-Grade Gold Zones Confirmed
29 Apr 2026$PQuarterly Activities Report & Appendix 5B
27 Apr 2026$P26.2M AT 12 G/T AU CONFIRMS BROAD HIGH-GRADE GOLD SYSTEM
14 Apr 2026$PMassive Sulphide Mineralisation Confirmed at Arrow Prospect
12 Apr 2026Initial Director's Interest Notice
12 Apr 2026Final Director's Interest Notice
12 Apr 2026Director Appointment, Resignation and Chairman Transition
10 Apr 2026Notification regarding unquoted securities - FIN
10 Apr 2026Section 708(A) Cleansing Notice - Share Issue
10 Apr 2026Application for quotation of securities - FIN
31 Mar 2026Results of General Meeting
26 Mar 2026$PFirst Cabin Lake Hole Intersects Broad Sulphide Bearing BIF
15 Mar 2026$PDrilling Commences at High-Grade Cabin Lake Gold Project
12 Mar 2026Half Yearly Report and Accounts - 31 December 2025

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