TRX GOLD Corp (TRX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: December 18, 2024

Risk Assessment Details

Potential Dilution: 23.42% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
280M
Potential Supply
66M
Additional shares possible
Splits
None
Past 2 years

Summary

TRX currently has 280M outstanding shares. with moderate dilution risk from 65.6M authorized shares representing 23.4% potential dilution. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Dec 18, 2024

F-10 filing: The Company has filed a registration statement on Form F-10 with respect to the offerings of Common Shares, Debt Securities, Warrants, and/or Units.

280M 66M
Nov 29, 2024

40-F filing | 280.2M shares outstanding

280M 66M
Nov 29, 2023

40-F filing | 277.6M shares outstanding

280M 66M
Dec 03, 2021

20-F filing | 254.9M shares outstanding

250M 66M
Apr 27, 2021

F-3 filing: Tanzanian Gold Corporation files an F-3 form to register $100,000,000 of securities including debt securities, common shares, and warrants. Selling shareholders are offering 17,613,847 common shares underlying warrants.

250M 66M
Nov 17, 2020

F-3 filing: The filing relates to a potential offering of common shares, warrants, debt securities, and units up to an aggregate amount of $25,000,000.

200M 48M
Aug 21, 2020

F-3 filing: This F-3 filing relates to the offer and sale, from time to time, of up to 24,002,037 common shares of Tanzanian Gold Corporation by the shareholders named in the section of this prospectus entitled "Selling Shareholders".

200M 48M
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