Companies / BKB

BLACK BEAR MINERALS LIMITED

ASX:BKBMaterials
152.4M shares on issueASX (delayed) · as of 28 July 2026$0.46price · delayed$73.2Mmarket cap · indicative
B
Dilution grade

Runway under 2 quarters; options/rights overhang 12% of shares

Cash runway1.1 quarters of funding
Share-count growth (24m)2.5%
Raise cadence (24m)0 cash raises
Options & rights overhang12.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

BLACK BEAR MINERALS LIMITED's ordinary share count grew 2.5% between December 2025 and February 2026, to 152M shares. The company did not raise capital in the 24-month window covered. Options and rights on issue could convert into 18M new shares, equal to 12.0% of the current share count, and none are in the money. At the March 2026 quarter the company reported A$4.0M in available cash, about 1.1 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are currently pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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12.0%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
1.1 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 152.4M per ASX (delayed) (28 July 2026).
149.4M150.5M151.6MNov 25Mar 26July 26

Cash runway

1.1 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$4.0M available cash at quarter ended 31 Mar 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 31 Mar 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
23 Feb 20262A · quoted issueBKB : ORDINARY FULLY PAID152.4MAppendix 2A
3 Feb 20262A · quoted issueBKB : ORDINARY FULLY PAID150.4MAppendix 2A
16 Jan 20262A · quoted issueBKB : ORDINARY FULLY PAID149.9MAppendix 2A
4 Dec 20252A · quoted issueBKB : ORDINARY FULLY PAID148.7MAppendix 2A
2 Dec 20252A · quoted issueBKB : ORDINARY FULLY PAID148.7MAppendix 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

No equity raises in the last 24 months.
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

12.0%
Total overhang · of current shares
0.0%
In the money · at current price
18.2M
Potential new shares
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
23 Feb 2026Matthew HayesOther2.0M3Y notice
19 Nov 2025Matthew HayesBuy769k$500k3Y 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

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