ALVO MINERALS LIMITED
ASX:ALVMaterialsToday’s holders own 87.3% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 189% in 24 months; 5 cash raises in 24 months
ALVO MINERALS LIMITED's ordinary share count rose 188.6% between June 2024 and October 2026, its latest share-count filing, to 338M shares. The company raised capital five times in the 24-month window for total disclosed proceeds of A$7.6M, most recently a A$1.0M placement in October 2026. Options and rights on issue could convert into 49M new shares, equal to 14.6% of the current share count, of which 11% are in the money at the current share price; the nearest expiry falls in June 2028. The company has under 2 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 4
Why was ALV in a trading halt?
Alvo Minerals requested a trading halt on 6 Oct 2026, giving the reason "Pending announcement regarding the completion of an acquisition and a capital raising". Trading was expected to resume 8 Oct 2026.
When did ALV last raise capital?
The last capital raise in Alvo Minerals's filings is Placement of $1.0M announced 8 Oct 2026, one of 5 cash raises in 24 months.
When do ALV's options expire?
Unexercised options and rights equal 14.6% of Alvo Minerals's shares on issue; the nearest expiry is June 2028.
How much has ALV's share count grown?
Alvo Minerals has 338.1M shares on issue as at 28 Oct 2026, up 188.6% 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 |
|---|---|---|---|---|
| 27 Oct 2026 | 2A · quoted issue | ALV : ORDINARY FULLY PAID | 338.1M | Appendix 2A |
| 20 Oct 2026 | 2A · quoted issue | ALV : ORDINARY FULLY PAID | 337.9M | Appendix 2A |
| 14 Oct 2026 | 2A · quoted issue | ALV : ORDINARY FULLY PAID | 337.0M | Appendix 2A |
| 14 Aug 2026 | 3H · cancellation | ALV : ORDINARY FULLY PAID | 287.0M | Appendix 3H |
| 3 July 2026 | 3H · cancellation | ALV : ORDINARY FULLY PAID | 287.0M | Appendix 3H |
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
5 cash raises in the last 24 months · 3 in the last 12 months
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- October 2026 · First assay results availability (results due)
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-triggered48.3M · 14.3% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered1.0M · 0.3% 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: 47.0M priced (of which 38.0M in the money), 1.3M at a stated nil price, 1.0M 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 $0.067 today, 38.0M securities are in the money (11.2% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 41.0M (12.1% 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.
- 1.3M (2.6% of the supply above) states a nil exercise price — nothing is paid to convert it, so no share price switches it on or off. It is the flat band, and it is not part of the in-the-money figure.
- 1.0M (2.0% 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 |
|---|---|---|---|---|---|---|
| ALVAS | Options | Price-triggered | $0.050 | 11 June 2028 | 18.7M | Filing |
| ALVAR | Options | Price-triggered | $0.050 | 27 June 2028 | 19.3M | Filing |
| ALVAE | Options | Price-triggered | Nil | 1 Jan 2029 | 600k | Filing |
| ALVAT | Options | Price-triggered | $0.075 | 5 Feb 2029 | 3.0M | Filing |
| ALVAU | Options | Price-triggered | $0.10 | 8 May 2029 | 6.0M | Filing |
| ALVAH | Options | Price-triggered | Nil | 1 June 2030 | 700k | Filing |
| ALVAI | Performance rights | Condition-triggered | — | — | 1.0M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 26 June 2026 | Beau Nicholls | Buy placement | 408k | — | — | — | 3Y notice |
| 26 June 2026 | Graeme Michael Slattery | Buy placement | 408k | — | — | — | 3Y notice |
| 26 June 2026 | Robert Michael SMAKMAN | Buy placement | 408k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.