Companies / ALR

ALTAIR MINERALS LIMITED

ASX:ALRMaterials
6.63B shares on issueASX (delayed) · as of 28 July 2026$0.031price · delayed$212.1Mmarket cap · indicative
D
Dilution grade

Share count grew 54% in 24 months; 6 cash raises in 24 months; options/rights overhang 31% of shares

Cash runway18.1 quarters of funding
Share-count growth (24m)54.3%
Raise cadence (24m)6 cash raises
Options & rights overhang30.9% of shares
In-the-money supply14.8% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

ALTAIR MINERALS LIMITED's ordinary share count grew 54.3% between January 2025 and June 2026, to 6.63B shares. The company raised capital six times in the 24-month window for total proceeds of A$88.9M, most recently a Placement of A$28.2M in April 2026. Options and rights on issue could convert into 2.05B new shares, equal to 30.9% of the current share count, of which 15% are in the money; the nearest expiry is February 2027. At the March 2026 quarter the company reported A$35.8M in cash, covering 18.1 quarters at its recent burn rate. One proposed securities issue (Appendix 3B) is pending with an expected issue date in December 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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30.9%
Max option dilution
14.8%
ITM option dilution
6
Raises · last 12 months
18.1 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 6.63B per ASX (delayed) (28 July 2026).
4.79B5.46B6.14BDec 24Sept 25July 26Cash raise · 27 Apr 2026Cash raise · 24 Apr 2026Cash raise · 5 Nov 2025Cash raise · 5 Nov 2025Cash raise · 31 July 2025Cash raise · 31 July 2025

Cash runway

18.1 qtrs
More than four quarters of funding at the recent spend rate.
$35.8M 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 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
22 June 20262A · quoted issueALR : ORDINARY FULLY PAID6.63BAppendix 2A
1 May 20262A · quoted issueALR : ORDINARY FULLY PAID6.37BAppendix 2A
15 Jan 20263G · unquotedORDINARY FULLY PAID5.97BAppendix 3G
15 Dec 20253G · unquotedORDINARY FULLY PAID5.97BAppendix 3G
13 Nov 20253G · unquotedALR : ORDINARY FULLY PAID5.16BAppendix 3G
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

6 cash raises in the last 24 months · 6 in the last 12 months

$28.2M
Placement
27 Apr 2026 COMPLETE
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

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

30.9%
Total overhang · of current shares
14.8%
In the money · at current price
2.05B
Potential new shares
Feb 2027
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
14 Oct 2025Jamie LarmontOther6.3M8.3M$25k3Y notice
14 Oct 2025Bilal AhmadOther37.5M132.6M$150k3Y notice
14 Oct 2025Mordechai BenediktOther6.3M41.7M$25k3Y 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

15 July 2026$PGreater Oko Upscaled Exploration Plans
24 June 2026Change in substantial holding
22 June 2026$PCompletion of Premium Priced Placement & Cleansing Notice
22 June 2026Application for quotation of securities - ALR
21 June 2026$PSonia Scarselli Appointed as Specialist Advisor to Board
19 June 2026Results of General Meeting
16 June 2026$PSOKO Auger Strengthens Geochemical Targets
31 May 2026Proposed issue of securities - ALR
31 May 2026$PSimon Bolster Appointed as Technical Advisor
21 May 2026Letter to Shareholders & Proxy Form
21 May 2026Notice of General Meeting/Proxy Form
17 May 2026$PSOKO returns 35g/t Au & Targets Strengthen into Drilling
4 May 2026Ceasing to be a substantial holder
3 May 2026Becoming a substantial holder
3 May 2026Change in substantial holding
1 May 2026Section 708A Cleansing Notice
1 May 2026Application for quotation of securities - ALR
30 Apr 2026$PALR March 2026 Quarterly Activities Report & Appendix 5B
28 Apr 2026Change in substantial holding
26 Apr 2026Proposed issue of securities - ALR

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