ARK MINES LIMITED
ASX:AHKMaterialsToday’s holders own 97.3% of what they think they own, once every option and right converts.
Share count grew 31% in 24 months; 3 cash raises in 24 months; recent proposed issue, issue not on record
ARK MINES LIMITED's ordinary share count grew 31.2% between January 2024 and August 2026, its latest share-count filing, to 72M shares. The company raised capital three times in the 24-month window for total disclosed proceeds of A$2.6M, most recently a A$576K placement in November 2025. Options and rights on issue could convert into 2M new shares, equal to 2.8% of current shares, with none in the money; the nearest expiry is October 2031. The company has more than 4 quarters of funding at the recent spend rate.
Quick answers · 5
When did AHK last raise capital?
The last capital raise in Ark Mines's filings is Placement of $576k announced 28 Nov 2025, one of 3 cash raises in 24 months.
How much placement capacity does AHK have left?
None of the 15% placement capacity counted as used in the last 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 AHK have?
In its quarterly cash report for the quarter ended 30 June 2026, Ark Mines reported $3.8M of cash and estimated 12.4 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do AHK's options expire?
Unexercised options and rights equal 2.8% of Ark Mines's shares on issue; the nearest expiry is Oct 2031.
How much has AHK's share count grown?
Ark Mines has 72.3M shares on issue as at 28 Oct 2026, up 31.2% 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 |
|---|---|---|---|---|
| 14 Oct 2026 | 3G · unquoted | AHK : ORDINARY FULLY PAID | 72.3M | Appendix 3G |
| 4 Aug 2026 | 2A · quoted issue | AHK : ORDINARY FULLY PAID | 72.3M | Appendix 2A |
| 30 July 2026 | 3H · cancellation | AHK : ORDINARY FULLY PAID | 72.3M | Appendix 3H |
| 12 Feb 2026 | 2A · quoted issue | AHK : ORDINARY FULLY PAID | 72.3M | Appendix 2A |
| 28 Jan 2026 | 2A · quoted issue | AHK : ORDINARY FULLY PAID | 72.3M | 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
3 cash raises in the last 24 months · 1 in the last 12 months
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
At $0.28 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 2.0M (2.8% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| — | Options | Price-triggered | $0.45 | 12 Oct 2031 | 2.0M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 13 Oct 2026 | Thomas William Patterson | Other incentive | — | 2.0M | — | — | 3Y notice |
| 2 Dec 2025 | Ian Burnham Mitchell | Other | 2.9M | — | — | $574k | 3Y notice |
| 17 Feb 2025 | IAN BURNHAM MITCHELL | Other | — | — | — | $200k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.