Companies / WRX

WESTERN RIDGE RESOURCES LIMITED

ASX:WRXMaterials
157.9M shares on issueASX (delayed) · as of 28 July 2026$0.024price · delayed$3.6Mmarket cap · indicative
C
Dilution grade

Runway under 2 quarters; options/rights overhang 18% of shares

Cash runway-0.4 quarters of funding
Share-count growth (24m)0.0%no issuance filings since 2024
Raise cadence (24m)0 cash raises
Options & rights overhang17.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

WESTERN RIDGE RESOURCES LIMITED had 158M ordinary shares as of March 2026 (latest reported). The company has not raised capital in the past 24 months (count 0) and has lodged no new Appendix 2A share-issuance filings since January 2024. Options and rights could convert into 28M new shares, equal to 17.6% of the current share count, with 0% in the money and the nearest expiry in December 2026. At the March 2026 quarter the company reported cash of A$-458K, equivalent to -0.4 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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17.6%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
-0.4 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. Latest count 157.9M per ASX (delayed) (28 July 2026).
157.3M157.9M158.5MMar 26May 26July 26

Cash runway

-0.4 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-458k 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 1 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
4 Mar 20262A · quoted issueWRX : ORDINARY FULLY PAID157.9MAppendix 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

No equity raises in the last 24 months.
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

17.6%
Total overhang · of current shares
0.0%
In the money · at current price
27.8M
Potential new shares
Dec 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
15 May 2026Peter AllenBuy260k——3Y notice
14 May 2026Peter AllenBuy260k——3Y notice
13 May 2026Peter AllenBuy260k——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 2026Keystone Exploration Target - Supplementary Information
14 July 2026$PKeystone Exploration Target Reinforces Scale Potential
6 July 2026$PKeystone Sampling Delivers Outstanding Results
17 June 2026Sulphide Mineralisation Confirmed at Keystone - Updated
15 June 2026$PSulphide Mineralisation Confirmed at Keystone
2 June 2026$PMaiden Drilling Program Confirmed for Keystone Project
27 May 2026$PSignificant Expansion of Keystone Project
18 May 2026Change of Director's Interest Notice
30 Apr 2026$PQuarterly Activities and Cashflow Report
28 Apr 2026$PExploration Earthworks Underway - Keystone Project
29 Mar 2026Western Ridge Completes OTC Listing
25 Mar 2026$PDrilling Approval Received - Keystone Project
13 Mar 2026Half Yearly Report and Accounts
10 Mar 2026Investor Presentation
4 Mar 2026Cleansing Notice
4 Mar 2026Application for quotation of securities - WRX
3 Mar 2026$PMultiple Targets in Aeromagnetic Survey - Keystone Project

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