Companies / RML

RESOLUTION MINERALS LTD

ASX:RMLMaterials
2.28B shares on issueASX (delayed) · as of 28 July 2026$0.044price · delayed$102.7Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 169% in 24 months; 7 cash raises in 24 months

Cash runway1.9 quarters of funding
Share-count growth (24m)169.1%
Raise cadence (24m)7 cash raises
Options & rights overhang33.9% of sharesconsolidation-adjusted
In-the-money supply0.0% of sharesconsolidation-adjusted
Pending proposed issuesnone

RESOLUTION MINERALS LTD's ordinary share count grew 169.1% between June 2024 and July 2026 to 2.28B shares; this figure is adjusted for an approximately 1-for-1.9 share consolidation that took place in October 2024. The company raised capital seven times in the 24-month window for total disclosed proceeds of A$51.4M, most recently a A$20.0M placement in April 2026. Options and rights could convert into 773M new shares, equal to 33.9% of the current share count; none are in the money and the nearest expiry is September 2026 (figures are consolidation-adjusted). At the March 2026 quarter the company reported A$16.6M in available cash, equal to 1.9 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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33.9%
Max option dilution
0.0%
ITM option dilution
5
Raises · last 12 months
1.9 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. Adjusted for the 1-for-1.9 consolidation (28 Oct 2024). Latest count 2.28B per ASX (delayed) (28 July 2026).
0.64B1.24B1.85BDec 24Oct 25July 26Cash raise · 20 Apr 2026Cash raise · 28 Oct 2025Cash raise · 28 Oct 2025Cash raise · 20 Oct 2025Cash raise · 29 July 2025Cash raise · 20 June 2025Cash raise · 10 Mar 2025

Cash runway

1.9 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$16.6M 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
8 July 20262A · quoted issueRML : ORDINARY FULLY PAID2.24BAppendix 2A
8 July 20262A · quoted issueRML : ORDINARY FULLY PAID2.28BAppendix 2A
1 July 20263H · cancellationRML : ORDINARY FULLY PAID2.24BAppendix 3H
3 June 20262A · quoted issueRML : ORDINARY FULLY PAID2.24BAppendix 2A
3 June 20262A · quoted issueRML : ORDINARY FULLY PAID2.23BAppendix 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

7 cash raises in the last 24 months · 5 in the last 12 months

$20.0M
Placement
20 Apr 2026 ACTIVE
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

consolidation-adjusted Figures rebased for the share consolidation in the last 24 months.

33.9%
Total overhang · of current shares
0.0%
In the money · at current price
773.3M
Potential new shares
Sept 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
30 June 2026Mendel ROGATSKYOther45.2M3.7M—3Y notice
27 Feb 2026Syed ALSAGOFFOther———3Y notice
27 Feb 2026Mendel ROGATSKYOther———3Y 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

21 July 2026Release of Securities from Voluntary Escrow
16 July 2026$PResolution Receives Second White House FAST-41 Status
13 July 2026$PDrill Program Progressing well at Horse Heaven Project
8 July 2026Cleansing Notice - Share Issue
8 July 2026Application for quotation of securities - RML
8 July 2026Application for quotation of securities - RML
1 July 2026Change of Director's Interest Notice
1 July 2026Notification of cessation of securities - RML
30 June 2026$PDrill Program Progressing well at Horse Heaven Project
21 June 2026$PRML Accepted into US Defense Industrial Base Consortium
3 June 2026Cleansing Notice - Share Placement
3 June 2026Application for quotation of securities - RML
3 June 2026Application for quotation of securities - RML
20 May 2026$PFirst 2026 Gold and Tungsten Drilling proving Encouraging
20 May 2026Release of Securities from Voluntary Escrow
14 May 2026$PTungsten and Gold Drilling Underway and High Gold Recoveries
7 May 2026Mar-a-Lago Defense Forum Presentation
5 May 2026$PHigh Antimony Recoveries in Metallurgy from Antimony Ridge
4 May 2026Cleansing Notice - Share Placement
4 May 2026Application for quotation of securities - RML

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