Companies / NRX

NORONEX LIMITED

ASX:NRXMaterials
647.6M shares on issueASX (delayed) · as of 28 July 2026$0.012price · delayed$7.8Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 32% in 24 months; 7 cash raises in 24 months

Cash runway0.5 quarters of funding
Share-count growth (24m)32.5%
Raise cadence (24m)7 cash raises
Options & rights overhang25.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

NORONEX LIMITED's ordinary share count grew 32.5% between May 2024 and July 2026, to 648M shares. The company raised capital seven times in that period for total disclosed proceeds of A$2.2M, most recently a A$750K placement in October 2025; the total covers only raises with disclosed, confirmed proceeds. Options and rights on issue could convert into 163M new shares, equal to 25.1% of the current share count, with 0% in the money and the nearest expiry in August 2026. At the June 2026 quarter the company reported A$862K in available cash, about 0.5 quarters of funding at its recent spending rate. Two proposed securities issues (Appendix 3B) are pending, the nearest proposed date is September 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
25.1%
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 647.6M per ASX (delayed) (28 July 2026).
528.2M572.0M615.9MDec 24Sept 25July 26Cash raise · 1 Oct 2025Cash raise · 30 Sept 2025Cash raise · 9 May 2025Cash raise · 31 Mar 2025Cash raise · 21 Mar 2025Cash raise · 17 Mar 2025Cash raise · 17 Mar 2025

Cash runway

0.5 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$862k 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.
Join the waitlist

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
17 July 20262A · quoted issueNRX : ORDINARY FULLY PAID647.6MAppendix 2A
15 July 20262A · quoted issueNRX : ORDINARY FULLY PAID643.0MAppendix 2A
1 May 20263H · cancellationNRX : ORDINARY FULLY PAID638.1MAppendix 3H
2 Apr 20263G · unquotedNRX : ORDINARY FULLY PAID629.0MAppendix 3G
2 Apr 20262A · quoted issueNRX : ORDINARY FULLY PAID630.0MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

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

$750k
Placement
1 Oct 2025 COMPLETE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

2 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
Join the waitlist

Options & convertible securities

25.1%
Total overhang · of current shares
0.0%
In the money · at current price
162.7M
Potential new shares
Aug 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.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
28 Nov 2025Piers LewisOther5.0M—$25k3Y notice
28 Nov 2025David PrenticeOther3.6M250k$25k3Y notice
28 Nov 2025Robert KlugOther2.0M100k$24k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

26 July 2026Sleitat Tin-Tungsten-Silver Acquisition Presentation
23 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
17 July 2026Notice Under Section 708A
17 July 2026Application for quotation of securities - NRX
15 July 2026Notice Under Section 708A
15 July 2026Application for quotation of securities - NRX
13 July 2026Proposed issue of securities - NRX
13 July 2026Proposed issue of securities - NRX
13 July 2026Proposed issue of securities - NRX
13 July 2026$PNORONEX ACQUIRES SIGNIFICANT TIN PROJECT IN ALASKA, USA
9 July 2026$PPriority Copper Targets Defined Across Kalahari Copper Belt
8 July 2026$PTrading Halt
3 July 2026Expiry of Listed Options
3 July 2026$PDrilling in Namibia Confirms Broad Uranium Intersections
9 June 2026Ceasing to be a substantial holder
9 June 2026Becoming a substantial holder
1 May 2026Final Director's Interest Notice - VR
1 May 2026Notification of cessation of securities - NRX
15 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
9 Apr 2026Change of Share Registry

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