AUKING MINING LIMITED
ASX:AKNMaterialsToday’s holders own 56.8% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 515% in 24 months; 6 cash raises in 24 months
AUKING MINING LIMITED's ordinary share count stands at 2.42B as of October 2026, but a comparable figure from earlier in the series is not available because its filed Appendix 2A series ends before this date. Over the past 24 months, the company raised capital six times for total proceeds of A$11.9M, most recently a A$5.0M placement in July 2026. Options and rights on issue could convert into 1.84B new shares, equal to 76.2% of the current share count, of which 39% are in the money; the nearest expiry falls in December 2026. The company has under 2 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 4
Why was AKN in a trading halt?
Auking Mining requested a trading halt on 12 Oct 2026, giving the reason "Pending release of a material announcement regarding a project acquisition". Trading was expected to resume 14 Oct 2026.
When did AKN last raise capital?
The last capital raise in Auking Mining's filings is Placement of $5.0M announced 14 July 2026, one of 6 cash raises in 24 months.
How much cash does AKN have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Auking Mining reported $3.4M of cash and estimated 1.2 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do AKN's options expire?
Unexercised options and rights equal 76.2% of Auking Mining's shares on issue; the nearest expiry is Dec 2026.
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 | ORDINARY FULLY PAID | 2.38B | Appendix 3G |
| 13 Oct 2026 | 2A · quoted issue | AKN : ORDINARY FULLY PAID | 2.41B | Appendix 2A |
| 13 Oct 2026 | 2A · quoted issue | AKN : ORDINARY FULLY PAID | 2.39B | Appendix 2A |
| 13 Oct 2026 | 2A · quoted issue | AKN : ORDINARY FULLY PAID | 2.38B | Appendix 2A |
| 13 Oct 2026 | 3G · unquoted | ORDINARY FULLY PAID | 2.38B | Appendix 3G |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (2.38B) need not equal the current count above (2.42B).
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
6 cash raises in the last 24 months · 4 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
- Price-triggered1.57B · 65.0% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 336.4M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered269.6M · 11.1% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 1.24B priced (of which 933.2M in the money), 606.1M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
At $0.012 today, 933.2M securities are in the money (38.6% of shares on issue). No more priced supply until 3× today’s price, which takes it to 1.24B (51.1% 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.
- 606.1M (32.9% 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 |
|---|---|---|---|---|---|---|
| AKNO | Options | Price-triggered, no exercise price stated | — | 31 Dec 2026 | 336.4M | Filing |
| AKNAO | Options | Price-triggered | $0.030 | 30 Apr 2027 | 304.7M | Filing |
| AKNAS | Options | Price-triggered | $0.009 | 30 June 2028 | 33.3M | Filing |
| AKNAV | Options | Price-triggered | $0.005 | 31 Dec 2029 | 899.9M | Filing |
| AKNAW | Performance shares | Condition-triggered | — | — | 77.1M | Filing Meeting |
| AKNAU | Performance rights | Condition-triggered | — | — | 192.5M | Filing Meeting |
“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.
A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.
- AKNARPrice-triggered274.8M securities → 016 Feb 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 13 May 2026 | Lincoln Ho | Other incentive | 12.5M | — | 50.0M | — | 3Y notice |
| 13 May 2026 | Paul Williams | Other incentive | 12.5M | — | 37.5M | — | 3Y notice |
| 13 May 2026 | Peter Tighe | Other incentive | 12.5M | — | 37.5M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.