AMERICAN URANIUM LTD
ASX:AMUMaterialsToday’s holders own 65.0% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 22% in 24 months; 5 cash raises in 24 months; since relisting as AMU; prior history under GTR not included
AMERICAN URANIUM LTD, which has traded under its current name since August 2025, reported a share count of 130M as of July 2026, a 21.5% increase since September 2025. In the period since its rename, the company raised capital five times, totaling A$11.2M, with the most recent capital raise being A$1.2M from Convertible Loan Notes in August 2026. Options and rights on issue represent potential new shares equivalent to 54.0% of the current share count, with no options currently in the money; the nearest expiry date for these instruments is February 2027. As of the June 2026 quarter, the company held A$1.3M in cash, sufficient for approximately 0.8 quarters of operations. One proposed securities issue (Appendix 3B) is pending with a nearest proposed date of March 2028.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 10 Sept 2026 | 3G · unquoted | AMU : ORDINARY FULLY PAID | 130.3M | Appendix 3G |
| 12 Aug 2026 | 3G · unquoted | ORDINARY FULLY PAID | 130.3M | Appendix 3G |
| 22 July 2026 | 2A · quoted issue | AMU : ORDINARY FULLY PAID | 129.4M | Appendix 2A |
| 22 July 2026 | 3G · unquoted | ORDINARY FULLY PAID | 129.3M | Appendix 3G |
| 22 July 2026 | 3G · unquoted | AMU : ORDINARY FULLY PAID | 129.3M | Appendix 3G |
Capital raises
5 cash raises in the last 24 months · 4 in the last 12 months · counted since relisting as AMU (25 Aug 2025); prior history under GTR is not included
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
- Price-triggered68.2M · 52.3% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 47.8M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered875k · 0.7% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
- Converts on terms1.2M · 0.9% of sharesConvertibles with no exercise price — they convert on their own terms, so they are shares in all but name.
Exercise price on record: 20.4M priced, 49.9M 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 29.0% 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 $0.070 today. No more priced supply until 3× today’s price, which takes it to 20.4M (15.7% 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.
- 49.9M (71.0% 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 |
|---|---|---|---|---|---|---|
| AMUAI | Performance rights | Condition-triggered | — | 23 Feb 2027 | 50k | Filing |
| AMUAN | Performance rights | Condition-triggered | — | 11 Oct 2027 | 825k | Filing |
| AMUOC | Options | Price-triggered | — | 25 Sept 2028 | 47.8M | Filing |
| AMUAR | Options | Price-triggered | $0.16 | 30 June 2029 | 20.4M | Filing |
| — | Notes | Converts on terms | — | — | 1.2M | 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.
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.