Companies / SPQ

SUPERIOR RESOURCES LIMITED

ASX:SPQMaterials
2.64B shares on issueASX (delayed) · as of 28 July 2026$0.004price · delayed$10.6Mmarket cap · indicative
C
Dilution grade

Share count grew 23% in 24 months; 3 cash raises in 24 months; runway 4–8 quarters

Cash runway4.5 quarters of funding
Share-count growth (24m)23.2%
Raise cadence (24m)3 cash raises
Options & rights overhang12.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

SUPERIOR RESOURCES LIMITED's ordinary share count grew 23.2% between September 2024 and December 2025, to 2.64B shares. The company raised capital three times in the 24-month window for total disclosed proceeds of A$2.9M, most recently A$2.0M in December 2025. Options and rights on issue could convert into 338M new shares, equal to 12.8% of the current share count, with 0% in the money at present and the nearest expiry in August 2026. At the March 2026 quarter the company reported A$1.2M in available cash, representing 4.5 quarters of cover. 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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12.8%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
4.5 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 2.64B per ASX (delayed) (28 July 2026).
2.27B2.41B2.54BDec 24Sept 25July 26Cash raise · 8 Dec 2025Cash raise · 12 Nov 2025Cash raise · 28 Mar 2025

Cash runway

4.5 qtrs
More than four quarters of funding at the recent spend rate.
$1.2M 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
29 May 20263G · unquotedSPQ : ORDINARY FULLY PAID2.64BAppendix 3G
29 May 20263G · unquotedSPQ : ORDINARY FULLY PAID2.64BAppendix 3G
19 Dec 20252A · quoted issueSPQ : ORDINARY FULLY PAID2.37BAppendix 2A
19 Dec 20252A · quoted issueSPQ : ORDINARY FULLY PAID2.64BAppendix 2A
15 Oct 20252A · quoted issueSPQ : ORDINARY FULLY PAID2.37BAppendix 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

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

$2.0M
Capital raise
8 Dec 2025
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

12.8%
Total overhang · of current shares
0.0%
In the money · at current price
337.6M
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.
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Director dealings

No director dealing notices (Appendix 3Y) on record.
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

29 May 2026Notification regarding unquoted securities - SPQ
29 May 2026Notification regarding unquoted securities - SPQ
8 May 2026Results of Meeting
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
7 Apr 2026Notice of General Meeting/Proxy Form
13 Mar 2026Half Year Accounts
29 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
19 Dec 2025Cleansing Notice Under Section 708A
19 Dec 2025Application for quotation of securities - SPQ
19 Dec 2025Application for quotation of securities - SPQ
14 Dec 2025Update - Proposed issue of securities - SPQ
14 Dec 2025$PAdditional Strategic Binding Commitments Secured
10 Dec 2025Proposed issue of securities - SPQ
10 Dec 2025Proposed issue of securities - SPQ
10 Dec 2025$PCOMPLETION OF CAPITAL RAISE
8 Dec 2025$PTrading Halt
8 Dec 2025$PPause in Trading
7 Dec 2025$PMajor drilling programs targeting gold & copper at Greenvale
5 Dec 2025Amended Announcement - Steam Engine MRE Update
3 Dec 2025$PSteam Engine Further Metallurgical Test Results

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