Companies / ICL

ICENI GOLD LIMITED

ASX:ICLMaterials
403.7M shares on issueASX (delayed) · as of 28 July 2026$0.026price · delayed$11.3Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 47% in 24 months; 3 cash raises in 24 months

Cash runway0.5 quarters of funding
Share-count growth (24m)47.4%
Raise cadence (24m)3 cash raises
Options & rights overhang14.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

ICENI GOLD LIMITED's ordinary share count rose 47.4% between May 2024 and July 2026 to 402M shares. The company raised capital three times in that period for total disclosed proceeds of A$6.0M, most recently a A$1.8M placement in March 2026. Options and rights on issue could convert into 58M new shares, equal to 14.3% of the current share count, with 0% in the money and the nearest expiry in November 2026. At the March 2026 quarter the company reported A$981K in available cash, about 0.5 quarters of funding at its recent spending rate. 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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14.3%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
0.5 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 403.7M per ASX (delayed) (28 July 2026).
303.9M340.5M377.1MDec 24Sept 25July 26Cash raise · 26 Mar 2026Cash raise · 18 Mar 2026Cash raise · 5 June 2025

Cash runway

0.5 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$981k 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
17 July 20263G · unquotedICL : ORDINARY FULLY PAID395.5MAppendix 3G
17 July 20262A · quoted issueICL : ORDINARY FULLY PAID397.0MAppendix 2A
17 July 20262A · quoted issueICL : ORDINARY FULLY PAID402.2MAppendix 2A
30 Mar 20262A · quoted issueICL : ORDINARY FULLY PAID395.5MAppendix 2A
13 Jan 20263H · cancellationICL : ORDINARY FULLY PAID343.9MAppendix 3H
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

$1.8M
Placement
26 Mar 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

14.3%
Total overhang · of current shares
0.0%
In the money · at current price
57.8M
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
22 July 2026Brian RodanBuy641k—$16k3Y notice
17 July 2026Keith MurrayOther167k83k$5k3Y notice
17 July 2026Brian RodanOther3.0M1.7M$100k3Y 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 2026Change of Director's Interest Notice - BR
20 July 2026Change of Directors' Interest Notice - BR, JP, KM, WJ
17 July 2026Notice Under Section 708A
17 July 2026Notification regarding unquoted securities - ICL
17 July 2026Application for quotation of securities - ICL
17 July 2026Application for quotation of securities - ICL
15 July 2026Termination of Laverton Tenement Acquisition
13 July 2026$PGander Fault Confirmed at Goose Well
9 July 2026$PGold Footprint Grows at Guyer West
29 June 2026$PIceni Enters Farm-in with Gold Fields for up to $10M
24 June 2026Results of Meeting
23 June 2026Diamond Drilling Underway at Priority Goose Well Target
9 June 2026Dual Aircore Drill Program Underway at Guyer
19 May 2026Exploration Update - Advancing Multiple Targets
19 May 2026Notice of General Meeting/Proxy Form
8 May 2026Change of Director's Interest Notice - BR
24 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
14 Apr 2026$PRC Results Reveal Upside Along Gander Fault at Goose Well
31 Mar 2026Exploration Update - Drilling Completed at Goose Well
30 Mar 2026Notice Under Section 708A

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