Companies / SYR

SYRAH RESOURCES LIMITED

ASX:SYRMaterials
2.32B shares on issueASX (delayed) · as of 28 July 2026$0.11price · delayed$255.4Mmarket cap · indicative
B
Dilution grade

Share count grew 124% in 24 months; 2 cash raises in 24 months

Cash runway8.3 quarters of funding
Share-count growth (24m)124.4%
Raise cadence (24m)2 cash raises
Options & rights overhang1.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

SYRAH RESOURCES LIMITED's ordinary share count grew 124.4% between May 2024 and May 2026, to 2.32B shares. The company raised capital twice in that period for total disclosed proceeds of A$174.3M, most recently A$104.3M in March 2026. Options and rights on issue could convert into 42M new shares, equal to 1.8% of the current share count, with 0% currently in the money. At the June 2026 quarter the company reported A$171.8M in available cash, representing about 8.3 quarters of cover at the reported burn 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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1.8%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
8.3 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 2.32B per ASX (delayed) (28 July 2026).
1.31B1.68B2.05BDec 24Sept 25July 26Cash raise · 24 Mar 2026Cash raise · 29 July 2025

Cash runway

8.3 qtrs
More than four quarters of funding at the recent spend rate.
$171.8M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
8 July 20263H · cancellationSYR : ORDINARY FULLY PAID2.32BAppendix 3H
20 May 20262A · quoted issueSYR : ORDINARY FULLY PAID2.32BAppendix 2A
20 May 20262A · quoted issueSYR : ORDINARY FULLY PAID2.31BAppendix 2A
20 May 20263G · unquotedORDINARY FULLY PAID2.31BAppendix 3G
23 Apr 20262A · quoted issueSYR : ORDINARY FULLY PAID2.31BAppendix 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

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

$104.3M
Capital raise
24 Mar 2026
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

1.8%
Total overhang · of current shares
0.0%
In the money · at current price
41.9M
Potential new shares
—
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
24 Apr 2026Robert EdelBuy49k—$5k3Y notice
24 Apr 2026Sara WattsBuy157k—$17k3Y notice
28 Jan 2026Shaun VernerSell—290k—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

22 July 2026$PJune 2026 Quarterly Activities Presentation
22 July 2026$PJune 2026 Quarterly Activities and Cashflow Report
8 July 2026Notification of cessation of securities - SYR
5 July 2026Syrah June 2026 Quarterly Results Conference Call
31 May 2026$PTesla offtake alleged default resolved
22 May 2026Results of Annual General Meeting
21 May 2026Managing Director's AGM Presentation
21 May 2026Chair's AGM Address
20 May 2026Section 708A Cleansing Statement
20 May 2026Notification regarding unquoted securities - SYR
20 May 2026Application for quotation of securities - SYR
20 May 2026Application for quotation of securities - SYR
28 Apr 2026$PMarch 2026 Quarterly Activities Presentation
28 Apr 2026$PMarch 2026 Quarterly Activities and Cashflow Report
28 Apr 2026Change of Director's Interest Notices x2
28 Apr 2026Change in substantial holding
23 Apr 2026Application for quotation of securities - SYR
21 Apr 2026Notice of Annual General Meeting/Proxy Form
21 Apr 2026$PSyrah Completes Retail Entitlement Offer
13 Apr 2026Syrah March 2026 Quarterly Results Conference Call

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