REACH RESOURCES LIMITED
ASX:RR1MaterialsRunway under 2 quarters; share count grew 51% in 24 months; options/rights overhang 33% of shares
REACH RESOURCES LIMITED’s ordinary share count grew 51.4% between May 2024 and June 2026, to 1.32B shares. The company completed two capital raises in that period for total proceeds of A$1.7M, most recently raising A$900K in May 2026. Options and rights on issue could convert into 435M new shares, equal to 32.8% of the current share count, with 0% in the money and the nearest expiry in December 2026. At the June 2026 quarter the company reported A$7.0M in available cash, representing -0.6 quarters of funding at its recent spending rate. 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 |
|---|---|---|---|---|
| 17 June 2026 | 2A · quoted issue | RR1 : ORDINARY FULLY PAID | 1.32B | Appendix 2A |
| 12 June 2026 | 2A · quoted issue | RR1 : ORDINARY FULLY PAID | 1.07B | Appendix 2A |
| 12 June 2026 | 2A · quoted issue | RR1 : ORDINARY FULLY PAID | 1.22B | Appendix 2A |
| 27 Apr 2026 | 2A · quoted issue | RR1 : ORDINARY FULLY PAID | 966.2M | Appendix 2A |
| 19 Apr 2026 | 3H · cancellation | RR1 : ORDINARY FULLY PAID | 874.4M | Appendix 3H |
Capital raises
2 cash raises in the last 24 months · 2 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.