NOVO RESOURCES CORP.
ASX:NVOMaterialsOptions/rights overhang 112% of shares; 1 cash raise in 24 months
NOVO RESOURCES CORP.'s ordinary share count declined 4.2% between March 2026 and May 2026, to 127M shares. The company raised capital once in the last 24 months for total proceeds of A$8.2M, most recently a placement in February 2026 for A$8.2M. Options and rights on issue could convert into 486M new shares, equal to 112.3% of the current share count, with 0% in the money at present and the nearest expiry in November 2026. The company does not have a current quarterly cash report on record, so no quarterly cash balance or runway figure is disclosed. No proposed securities issues (Appendix 3B) are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 28 May 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 127.4M | Appendix 3G |
| 28 May 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS 1:1 | 127.4M | Appendix 3G |
| 28 May 2026 | 2A · quoted issue | CHESS DEPOSITARY INTERESTS 1:1 | 10.9M | Appendix 2A |
| 28 May 2026 | 2A · quoted issue | NVO : CHESS DEPOSITARY INTERESTS 1:1 | 127.4M | Appendix 2A |
| 16 Mar 2026 | 2A · quoted issue | NVO : CHESS DEPOSITARY INTERESTS 1:1 | 133.0M | Appendix 2A |
Capital raises
1 cash raise in the last 24 months · 1 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.