AUSTRALIAN MINES LIMITED
ASX:AUZMaterialsToday’s holders own 78.0% of what they think they own, once every option and right converts.
Share count grew 57% in 24 months; runway 2–4 quarters; 3 cash raises in 24 months
AUSTRALIAN MINES LIMITED reported a share count of 421M as of October 2026. A 1-for-5 share consolidation took place in October 2026. The company raised capital three times in the past 24 months, total proceeds A$9.5M, most recently A$3.0M via a Placement in May 2026. Options and rights could convert into 119M new shares, representing a 28.2% overhang, with none in the money and the nearest expiry in February 2027. The company has 2 to 4 quarters of funding at the recent spend rate, based on its June 2026 quarter. No proposed securities issues are pending.
Quick answers · 3
When did AUZ last raise capital?
The last capital raise in Australian Mines's filings is Placement of $3.0M announced 4 May 2026, one of 3 cash raises in 24 months.
How much cash does AUZ have?
In its quarterly cash report for the quarter ended 30 June 2026, Australian Mines reported $5.2M of cash and estimated 5.2 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do AUZ's options expire?
Unexercised options and rights equal 28.2% of Australian Mines's shares on issue; the nearest expiry is Feb 2027.
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 |
|---|---|---|---|---|
| 26 Oct 2026 | 3H · cancellation | AUZ : ORDINARY FULLY PAID | 421.3M | Appendix 3H |
| 17 Sept 2026 | 2A · quoted issue | AUZ : ORDINARY FULLY PAID | 2.20B | Appendix 2A |
| 4 Sept 2026 | 2A · quoted issue | AUZ : ORDINARY FULLY PAID | 2.19B | Appendix 2A |
| 28 Aug 2026 | 2A · quoted issue | AUZ : ORDINARY FULLY PAID | 2.19B | Appendix 2A |
| 18 Aug 2026 | 2A · quoted issue | AUZ : ORDINARY FULLY PAID | 2.19B | 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
3 cash raises in the last 24 months · 1 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
consolidation-adjusted Figures rebased for the share consolidation on record.
An exercise price is on record for only 4.2% 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 $0.12 today. No more priced supply until 1.25× today’s price, which takes it to 5.0M (1.2% 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.
- 114.0M (95.8% 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 |
|---|---|---|---|---|---|---|
| AUZOA | Options | Price-triggered, no exercise price stated | — | 2 Feb 2027 | 52.9M | Filing |
| AUZOB | Options | Price-triggered, no exercise price stated | — | 6 May 2027 | 61.0M | Filing |
| AUZAN | Options | Price-triggered | $0.15 | 30 July 2029 | 5.0M | 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
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 9 Oct 2026 | Andrew Nesbitt | Sell | — | — | — | — | 3Y notice |
| 9 Oct 2026 | Dominic Marinelli | Sell | — | — | — | — | 3Y notice |
| 9 Oct 2026 | Michael Ramsden | Sell | — | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.