Companies / NC1

NICO RESOURCES LIMITED

ASX:NC1Materials
136.8M shares on issueASX (delayed) · as of 28 July 2026$0.13price · delayed$15.7Mmarket cap · indicative
B
Dilution grade

Share count grew 25% in 24 months; 2 cash raises in 24 months; 1% of shares in the money

Cash runway8.4 quarters of funding
Share-count growth (24m)25.0%
Raise cadence (24m)2 cash raises
Options & rights overhang2.9% of shares
In-the-money supply0.7% of shares
Pending proposed issuesnone

NICO RESOURCES LIMITED's ordinary share count grew 25.0% between April 2024 and January 2026, to 137M shares. The company raised capital twice in that window for total disclosed proceeds of A$4.8M, most recently raising A$3.7M in January 2026. Options and rights on issue could convert into 4M new shares, equal to 2.9% of the current share count, of which 1% are in the money at the current share price; the nearest expiry is June 2028. At the June 2026 quarter the company reported A$4.7M in available cash, equivalent to 8.4 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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2.9%
Max option dilution
0.7%
ITM option dilution
1
Raises · last 12 months
8.4 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 136.8M per ASX (delayed) (28 July 2026).
115.2M123.1M131.1MDec 24Sept 25July 26Cash raise · 15 Jan 2026Cash raise · 29 May 2025

Cash runway

8.4 qtrs
More than four quarters of funding at the recent spend rate.
$4.7M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
27 Jan 20262A · quoted issueNC1 : ORDINARY FULLY PAID136.8MAppendix 2A
2 Dec 20252A · quoted issueNC1 : ORDINARY FULLY PAID124.4MAppendix 2A
2 Dec 20253G · unquotedNC1 : ORDINARY FULLY PAID123.5MAppendix 3G
13 June 20253G · unquotedNC1 : ORDINARY FULLY PAID123.5MAppendix 3G
9 June 20252A · quoted issueNC1 : ORDINARY FULLY PAID123.5MAppendix 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

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

$3.7M
Capital raise
15 Jan 2026
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

2.9%
Total overhang · of current shares
0.7%
In the money · at current price
4.0M
Potential new shares
June 2028
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
5 June 2026Rod CorpsSell———3Y notice
4 May 2026Rod CorpsBuy280k—$65k3Y notice
8 Apr 2026Rod CorpsBuy150k—$27k3Y 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

22 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
11 June 2026Change of Director's Interest Notice
11 May 2026Change of Director's Interest Notice
3 May 2026MOU for integrated battery materials refining platform
28 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
13 Apr 2026Change of Director's Interest Notice
7 Apr 2026Options Expired
27 Mar 2026Change of Director's Interest Notice
19 Mar 2026Change of Director's Interest Notice
12 Mar 2026Half Yearly Report and Accounts
24 Feb 2026Change of Director's Interest Notice
30 Jan 2026Becoming a substantial holder
28 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
28 Jan 2026Change in substantial holding
28 Jan 2026Change in substantial holding from MLX
27 Jan 2026Notice Under Section 708A
27 Jan 2026Application for quotation of securities - NC1
26 Jan 2026Investor Presentation
19 Jan 2026Proposed issue of securities - NC1
19 Jan 2026$PShare Placement

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