ANTILLES GOLD LIMITED
ASX:AAUMaterialsToday’s holders own 73.0% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 104% in 24 months; 9 cash raises in 24 months
ANTILLES GOLD LIMITED's ordinary share count grew 103.5% between September 2024 and October 2026, its latest share-count filing, to 3.78B shares. Over that period, the company completed 9 capital raises for total proceeds of A$18.2M, most recently a A$900K placement in October 2026. Options and rights on issue could convert into 1.39B new shares, equal to a 36.9% overhang; none are in the money, and the nearest expiry is December 2026. The company has under 2 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 5
When did AAU last raise capital?
The last capital raise in Antilles Gold's filings is Placement of $900k announced 8 Oct 2026, one of 9 cash raises in 24 months.
How much placement capacity does AAU have left?
About 34% of the 15% placement capacity left, about 66% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does AAU have?
In its quarterly cash report for the quarter ended 30 June 2026, Antilles Gold reported $2.3M of cash and estimated 6.4 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do AAU's options expire?
Unexercised options and rights equal 36.9% of Antilles Gold's shares on issue; the nearest expiry is Dec 2026.
How much has AAU's share count grown?
Antilles Gold has 3.78B shares on issue as at 28 Oct 2026, up 103.5% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 9 Oct 2026 | 2A · quoted issue | AAU : ORDINARY FULLY PAID | 3.78B | Appendix 2A |
| 8 Oct 2026 | 2A · quoted issue | AAU : ORDINARY FULLY PAID | 3.65B | Appendix 2A |
| 11 Sept 2026 | 2A · quoted issue | AAU : ORDINARY FULLY PAID | 3.28B | Appendix 2A |
| 2 June 2026 | 2A · quoted issue | AAU : ORDINARY FULLY PAID | 3.28B | Appendix 2A |
| 26 May 2026 | 2A · quoted issue | AAU : ORDINARY FULLY PAID | 3.28B | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
9 cash raises in the last 24 months · 4 in the last 12 months
Retail offer
An offer existing holders can take part in — the one structural advantage retail has in a raise. Dated recently and not yet recorded as complete.
Closing dates are not in the filings this site holds. Check the company's own announcement below before acting on this.
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
An exercise price is on record for only 5.1% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.006 today. No more priced supply until 10× today’s price, which takes it to 71.4M (1.9% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 1.32B (94.9% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| AAUO | Options | Price-triggered, no exercise price stated | — | 31 Dec 2026 | 830.0M | Filing |
| AAUAC | Options | Price-triggered | $0.030 | 31 Dec 2027 | 71.4M | Filing |
| AAUOD | Options | Price-triggered, no exercise price stated | — | 31 Dec 2028 | 492.9M | Filing |
“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column. For what expires soon across other listed companies, see the options expiry calendar.
- AAUAACondition-triggered4.7M securities → 02 Dec 2025 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 8 Oct 2026 | Angela Mary Pankhurst | Buy entitlement/SPP | 124k | 124k | — | $866 | 3Y notice |
| 8 Oct 2026 | Brian Godfrey Johnson | Other entitlement/SPP | 755k | 755k | — | $5k | 3Y notice |
| 8 Oct 2026 | Brian Godfrey Johnson | Other entitlement/SPP | 3.7M | 3.7M | — | $26k | 3Y notice |
| 8 Oct 2026 | Brian Godfrey Johnson | Other entitlement/SPP | 50.0M | 50.0M | — | $303k | 3Y notice |
| 8 Oct 2026 | JAMES RONAN TYERS | Buy entitlement/SPP | 1.3M | 1.3M | — | $9k | 3Y notice |
| 8 Oct 2026 | UGO CARIO | Other entitlement/SPP | 115k | 115k | — | $806 | 3Y notice |
| 8 Oct 2026 | Zhongyi Zhang | Other entitlement/SPP | 65.6M | 65.6M | — | $459k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.