Companies / GRX

GREENX METALS LIMITED

ASX:GRXMaterials
312.0M shares on issueASX (delayed) · as of 28 July 2026$0.87price · delayed$273.0Mmarket cap · indicative
C
Dilution grade

3 cash raises in 24 months; options/rights overhang 18% of shares; share count grew 12% in 24 months

Cash runway9.3 quarters of funding
Share-count growth (24m)11.9%
Raise cadence (24m)3 cash raises
Options & rights overhang17.8% of shares
In-the-money supply3.1% of shares
Pending proposed issuesnone

GREENX METALS LIMITED's ordinary share count grew 11.9% between May 2024 and June 2026, standing at 312M shares as of June 2026. The company raised capital three times in that period for total disclosed proceeds of A$31.8M, most recently a Placement raising A$13.6M in January 2026. Options and rights on issue could convert into 56M new shares, equal to 17.8% of the current share count, of which 3% are in the money at the current share price; the nearest expiry is November 2026. At the March 2026 quarter the company reported A$13.5M in cash, representing about 9.3 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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17.8%
Max option dilution
3.1%
ITM option dilution
2
Raises · last 12 months
9.3 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 312.0M per ASX (delayed) (28 July 2026).
286.6M295.9M305.2MDec 24Sept 25July 26Cash raise · 22 Jan 2026Cash raise · 22 Jan 2026Cash raise · 14 May 2025

Cash runway

9.3 qtrs
More than four quarters of funding at the recent spend rate.
$13.5M 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 July 20263G · unquotedGRX : ORDINARY FULLY PAID312.0MAppendix 3G
26 June 20262A · quoted issueGRX : ORDINARY FULLY PAID312.0MAppendix 2A
19 June 20263G · unquotedGRX : ORDINARY FULLY PAID311.3MAppendix 3G
19 June 20263H · cancellationGRX : ORDINARY FULLY PAID311.3MAppendix 3H
13 Mar 20262A · quoted issueGRX : ORDINARY FULLY PAID311.3MAppendix 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 · 2 in the last 12 months

$13.6M
Placement
22 Jan 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

17.8%
Total overhang · of current shares
3.1%
In the money · at current price
55.5M
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
14 July 2026Benjamin StoikovichOther1.5M——3Y notice
14 July 2026Mark PearceOther—600k—3Y notice
26 June 2026Mark PearceOther215k——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

24 July 20262026 Fieldwork Underway at Eleonore North (amended)
21 July 20262026 Fieldwork Underway at Eleonore North
14 July 2026Change of Director's Interest Notice x2
14 July 2026Notification regarding unquoted securities - GRX
14 July 2026Results of Meeting
26 June 2026Change of Director's Interest Notice
26 June 2026Notice Under Section 708A
26 June 2026Application for quotation of securities - GRX
19 June 2026Notification of cessation of securities - GRX
19 June 2026Notification regarding unquoted securities - GRX
16 June 2026Study Confirms Tannenberg Consistent with Polish Mines
12 June 2026Notice of General Meeting/Proxy Form
27 May 2026$PExploration Target Highlights Potential at Tannenberg
13 May 2026$PNew High Priority Targets Identified at Eleonore North
29 Apr 2026$PQuarterly Activities and Cashflow Report March 2026
24 Mar 2026A$1.6 million Payment for Legal Costs Received from Poland
13 Mar 2026Notice under Section 708A
13 Mar 2026Application for quotation of securities - GRX
12 Mar 2026Half Year Accounts
10 Feb 2026Completion of Placement and Notice under Section 708A

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