Companies / AXN

ALLIANCE NICKEL LIMITED

ASX:AXNMaterials
830.1M shares on issueASX (delayed) · as of 28 July 2026$0.027price · delayed$24.1Mmarket cap · indicative
C
Dilution grade

Runway 2–4 quarters; 2 cash raises in 24 months; share count grew 11% in 24 months

Cash runway3.0 quarters of funding
Share-count growth (24m)11.3%
Raise cadence (24m)2 cash raises
Options & rights overhang6.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

ALLIANCE NICKEL LIMITED's ordinary share count grew 11.3% between September 2025 and June 2026, to 830M shares. The company raised capital twice in the 24‑month window for total disclosed proceeds of A$4.9M, most recently A$4.1M in April 2026. Options and rights on issue could convert into 55M new shares, equal to 6.6% of the current share count, with 0% in the money and the nearest expiry in September 2026. At the June 2026 quarter the company reported A$2.1M in available cash, representing 3.0 quarters of cover. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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6.6%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
3.0 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 830.1M per ASX (delayed) (28 July 2026).
747.7M778.0M808.2MDec 24Sept 25July 26Cash raise · 1 Apr 2026Cash raise · 3 Dec 2025

Cash runway

3.0 qtrs
Two to four quarters of funding at the recent spend rate.
$2.1M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
27 July 20263H · cancellationAXN : ORDINARY FULLY PAID830.1MAppendix 3H
9 June 20262A · quoted issueAXN : ORDINARY FULLY PAID830.1MAppendix 2A
9 June 20263H · cancellationAXN : ORDINARY FULLY PAID829.9MAppendix 3H
4 May 20262A · quoted issueAXN : ORDINARY FULLY PAID829.9MAppendix 2A
4 Dec 20252A · quoted issueAXN : ORDINARY FULLY PAID761.2MAppendix 2A
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

2 cash raises in the last 24 months · 2 in the last 12 months

$4.1M
Capital raise
1 Apr 2026
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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

6.6%
Total overhang · of current shares
0.0%
In the money · at current price
54.8M
Potential new shares
Sept 2026
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
18 July 2026Paul KopejtkaSell36.3M10.0M—3Y notice
26 June 2026Paul KopejtkaBuy36.3M20.0M$35k3Y notice
5 May 2026Paul KopejtkaOther35.5M20.0M$166k3Y 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

27 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
27 July 2026Change of Director's Interest Notice
27 July 2026Notification of cessation of securities - AXN
3 July 2026Change of Director's Interest Notice
25 June 2026$PNiWest Project Update - Vat Leach Testwork commenced
24 June 2026$PExisting Unsecured Loans Extended to 30 June 2027
9 June 2026Notification of cessation of securities - AXN
9 June 2026Application for quotation of securities - AXN
9 June 2026Exercise of Performance Rights Appx 2A and Cleansing Notice
1 June 2026Change Of Company Secretary
12 May 2026Change of Director's Interest Notice
12 May 2026Change of Director's Interest Notice
12 May 2026Change of Director's Interest Notice
6 May 2026Change in substantial holding
5 May 2026$PDrilling Results and Quarterly - Amendment and Retraction
4 May 2026Application for quotation of securities - AXN
4 May 2026$PEntitlement Offer Closed and Shortfall
26 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
23 Apr 2026$PEncouraging Initial Gold Drilling Results
1 Apr 2026Update - Proposed issue of securities - AXN

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