AMARA MINERALS LIMITED
ASX:AM3MaterialsToday’s holders own 59.4% of what they think they own, once every option and right converts.
Runway under 2 quarters; options/rights overhang 68% of shares; 2 cash raises in 24 months; since relisting as AM3; prior history under ADG not included
AMARA MINERALS LIMITED's ordinary share count increased by 0.9% between June 2026 and August 2026, its latest share-count filing, to 3.11B shares. Within that period the company raised capital twice for total disclosed proceeds of A$3.5M, most recently a A$2.2M placement in June 2026. Options and rights on issue could convert into 2.12B new shares, equal to 68.2% of the current share count, with none in the money at the current share price; the nearest expiry falls in May 2027. The company has under 2 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 4
Why was AM3 in a trading halt?
Amara Minerals requested a trading halt on 8 Oct 2026, giving the reason "Pending release of announcement regarding material exploration results from the Apollo Project". Trading was expected to resume 12 Oct 2026.
When did AM3 last raise capital?
The last capital raise in Amara Minerals's filings is Placement of $2.2M announced 16 June 2026, one of 2 cash raises in 24 months.
How much cash does AM3 have?
In its quarterly cash report for the quarter ended 30 June 2026, Amara Minerals reported $2.1M of cash and estimated 2.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do AM3's options expire?
Unexercised options and rights equal 68.2% of Amara Minerals's shares on issue; the nearest expiry is May 2027.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 2 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 |
|---|---|---|---|---|
| 26 Aug 2026 | 2A · quoted issue | AM3 : ORDINARY FULLY PAID | 3.11B | Appendix 2A |
| 26 June 2026 | 2A · quoted issue | AM3 : ORDINARY FULLY PAID | 3.09B | 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
2 cash raises in the last 24 months · 1 in the last 12 months · counted since relisting as AM3 (11 May 2026); prior history under ADG is not included
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.
- November 2026 · 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-triggered1.55B · 49.6% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 1.50B of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered579.0M · 18.6% 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: 50.0M priced, 2.07B 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.
An exercise price is on record for only 2.4% 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 $0.004 today. No more priced supply until 10× today’s price, which takes it to 50.0M (1.6% 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.
- 2.07B (97.6% 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 |
|---|---|---|---|---|---|---|
| AM3AI | Options | Price-triggered | $0.020 | 24 May 2027 | 30.0M | Filing |
| AM3AJ | Options | Price-triggered | $0.020 | 24 May 2028 | 20.0M | Filing |
| AM3OA | Options | Price-triggered, no exercise price stated | — | 1 May 2029 | 1.50B | Filing |
| AM3AK | Performance rights | Condition-triggered | — | — | 579.0M | 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
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.