Companies / PLC

PLC RESOURCES LIMITED

ASX:PLCMaterials
1.17B shares on issueASX (delayed) · as of 28 July 2026$0.008price · delayed$9.4Mmarket cap · indicative
D
Dilution grade

Share count grew 572% in 24 months; 4 cash raises in 24 months; options/rights overhang 67% of shares

Cash runway7.3 quarters of funding
Share-count growth (24m)572.2%
Raise cadence (24m)4 cash raises
Options & rights overhang67.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

PLC RESOURCES LIMITED's ordinary share count grew 572.2% between February 2024 and June 2026, to 1.17B shares. The company raised capital four times in that period for total disclosed proceeds of A$6.2M, most recently a A$1.8M placement in May 2026. Options and rights on issue could convert into 791M new shares, equal to 67.4% of the current share count, with 0% in the money at the current share price; the nearest expiry is January 2027. At the March 2026 quarter the company reported A$2.9M in available cash, representing 7.3 quarters of funding. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in November 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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67.4%
Max option dilution
0.0%
ITM option dilution
3
Raises · last 12 months
7.3 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 1.17B per ASX (delayed) (28 July 2026).
405.0M687.1M969.2MDec 24Sept 25July 26Cash raise · 13 May 2026Cash raise · 27 Jan 2026Cash raise · 8 Oct 2025

Cash runway

7.3 qtrs
More than four quarters of funding at the recent spend rate.
$2.9M 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
7 July 20263H · cancellationPLC : ORDINARY FULLY PAID1.17BAppendix 3H
19 June 20262A · quoted issuePLC : ORDINARY FULLY PAID1.17BAppendix 2A
19 June 20263H · cancellationPLC : ORDINARY FULLY PAID1.17BAppendix 3H
25 May 20263G · unquotedORDINARY FULLY PAID947.7MAppendix 3G
25 May 20263H · cancellationPLC : ORDINARY FULLY PAID947.7MAppendix 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

4 cash raises in the last 24 months · 3 in the last 12 months

$1.8M
Placement
13 May 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

1 proposed issue 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.
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Options & convertible securities

67.4%
Total overhang · of current shares
0.0%
In the money · at current price
791.0M
Potential new shares
Jan 2027
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
25 May 2026Dale HannaOther20.1M—$197k3Y notice
25 May 2026Simon PhillipsOther20.1M—$197k3Y notice
25 May 2026Jason FroudOther——$25k3Y 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$PRochefort Drilling Points to Potential Gold System
7 July 2026Notification of cessation of securities - PLC
1 July 2026$PHigh-Priority Gold Exploration Targets at Abbotts North
19 June 2026Cleansing Notice
19 June 2026Application for quotation of securities - PLC
19 June 2026Notification of cessation of securities - PLC
8 June 2026$PAirborne Geophysical Survey Commences at Abbotts North
27 May 2026Co-funded Geophysics Grant - Abbotts North Gold Project
25 May 2026$PRC Drilling Completed at Rochefort Gold Prospect
25 May 2026Change of Director's Interest Notice (x3)
25 May 2026Cleansing Notice
25 May 2026Notification regarding unquoted securities - PLC
25 May 2026Notification of cessation of securities - PLC
25 May 2026Application for quotation of securities - PLC
18 May 2026$PMaiden RC drilling commences at Rochefort Gold Prospect
18 May 2026$P$1.8 Million Raised to Advance Gold Exploration
18 May 2026Proposed issue of securities - PLC
14 May 2026$PTrading Halt
13 May 2026$PPause in Trading
12 May 2026$PDrilling to commence at Rochefort Prospect

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