Companies / BCN

BEACON MINERALS LIMITED

ASX:BCNMaterials
116.3M shares on issueASX (delayed) · as of 28 July 2026$2.71price · delayed$314.1Mmarket cap · indicative
C
Dilution grade

3 cash raises in 24 months; options/rights overhang 22% of shares; share count grew 9% in 24 months

Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)9.0%
Raise cadence (24m)3 cash raises
Options & rights overhang21.8% of sharesconsolidation-adjusted
In-the-money supply0.0% of sharesconsolidation-adjusted
Pending proposed issuesnone

BEACON MINERALS LIMITED's ordinary share count grew 9.0% between November 2024 and July 2026 to 115M shares; this figure is adjusted for an approximately 1-for-40 share consolidation that took effect in July 2025. The company raised capital three times in the period for total disclosed proceeds of A$10.3M, with the most recent raise in June 2025. Options and rights on issue could convert into 25M new shares, equal to 21.8% of the current share count; none are in the money and the nearest expiry is October 2029. The company does not have a current quarterly cash report on file, so no cash balance or runway figure is disclosed. There are no proposed securities issues (Appendix 3B) pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
21.8%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
—
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Adjusted for the 1-for-40 consolidation (16 July 2025). Latest count 116.3M per ASX (delayed) (28 July 2026).
107.9M111.0M114.1MDec 24Sept 25July 261-for-40 consolidationCash raise · 18 June 2025Cash raise · 16 Apr 2025

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
14 July 20262A · quoted issueBCN : ORDINARY FULLY PAID115.3MAppendix 2A
13 July 20262A · quoted issueBCN : ORDINARY FULLY PAID116.3MAppendix 2A
3 July 20262A · quoted issueBCN : ORDINARY FULLY PAID115.3MAppendix 2A
30 June 20262A · quoted issueBCN : ORDINARY FULLY PAID114.9MAppendix 2A
25 June 20262A · quoted issueBCN : ORDINARY FULLY PAID113.5MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

3 cash raises in the last 24 months · 0 in the last 12 months

—
Capital raise
18 June 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

consolidation-adjusted Figures rebased for the share consolidation in the last 24 months.

21.8%
Total overhang · of current shares
0.0%
In the money · at current price
25.3M
Potential new shares
Oct 2029
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
29 June 2026Geoffrey GreenhillBuy745k745k—3Y notice
19 June 2026Graham McGarryOther200k——3Y notice
12 June 2026Graham McGarryOther3.8M——3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

21 July 2026Fully Franked Cash Dividend Paid to Shareholders
16 July 2026$PJune Quarter Production Update
15 July 2026Final FRS Distribution Ratio Following Exercise of Options
15 July 2026Update - Dividend/Distribution - BCN
14 July 2026Application for quotation of securities - BCN
13 July 2026Application for quotation of securities - BCN
3 July 2026Application for quotation of securities - BCN
30 June 2026$PRC Drilling Results for Iguana Resource Definition Program
30 June 2026Change of Director's Interest Notice
30 June 2026Application for quotation of securities - BCN
25 June 2026Application for quotation of securities - BCN
23 June 2026Update - Dividend/Distribution - BCN
22 June 2026Letter to Optionholders
19 June 2026Change of Director's Interest Notice
19 June 2026Application for quotation of securities - BCN
17 June 2026$P$30.4M Shareholder Return via Cash and In-Specie Dividend
17 June 2026$PDividend/Distribution - BCN
16 June 2026Change of Director's Interest Notice
16 June 2026Notification of cessation of securities - BCN
16 June 2026Application for quotation of securities - BCN

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