Companies / BLZ

BLAZE MINERALS LIMITED

ASX:BLZEnergy
2.92B shares on issueASX (delayed) · as of 28 July 2026$0.001price · delayed$2.9Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 365% in 24 months; options/rights overhang 33% of shares

Cash runway-0.2 quarters of funding
Share-count growth (24m)365.4%
Raise cadence (24m)2 cash raises
Options & rights overhang32.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

BLAZE MINERALS LIMITED's ordinary share count grew 365.4% between August 2024 and May 2026, to 2.92B shares. The company raised capital twice in that period for total disclosed proceeds of A$3.8M, most recently A$2.5M in June 2025. Options and rights on issue could convert into 955M new shares, equal to 32.7% of the current share count, of which 0% are currently in the money; the nearest expiry is November 2027. At the June 2026 quarter the company reported A$-56K in available cash, equivalent to -0.2 quarters of cover. Two proposed securities issues (Appendix 3B) are pending, with the nearest proposed issue date in April 2027.

AI-generated summary of this page's cited filings · updated 28 July 2026
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32.7%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
-0.2 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 2.92B per ASX (delayed) (28 July 2026).
1.60B2.09B2.57BDec 24Sept 25July 26Cash raise · 13 June 2025Cash raise · 2 Dec 2024

Cash runway

-0.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-56k 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
26 May 20262A · quoted issueBLZ : ORDINARY FULLY PAID2.92BAppendix 2A
2 Jan 20263H · cancellationBLZ : ORDINARY FULLY PAID2.88BAppendix 3H
26 Aug 20253G · unquotedBLZ : ORDINARY FULLY PAID2.88BAppendix 3G
26 Aug 20253G · unquotedBLZ : ORDINARY FULLY PAID2.88BAppendix 3G
25 Aug 20252A · quoted issueBLZ : ORDINARY FULLY PAID2.88BAppendix 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 · 0 in the last 12 months

$2.5M
Capital raise
13 June 2025
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

2 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

32.7%
Total overhang · of current shares
0.0%
In the money · at current price
955.2M
Potential new shares
Nov 2027
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
31 Dec 2025Mathew WalkerSell184.0M15.0M—3Y notice
26 Aug 2025David PrenticeOther—5.0M—3Y notice
26 Aug 2025Simon CoxhellOther—5.0M—3Y 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$PQuarterly Activities/Appendix 5B Cash Flow Report
20 July 2026Change in substantial holding
26 June 2026Update - Proposed issue of securities - BLZ
26 June 2026Update - Proposed issue of securities - BLZ
16 June 2026$PTrenching Completed at Krokodil Prospect
3 June 2026$PTrenching Commences at Krokodil Prospect
26 May 2026Cleansing Notice
26 May 2026Application for quotation of securities - BLZ
26 May 2026Change of Address
22 May 2026Update - Proposed issue of securities - BLZ
21 May 2026$PExploration Update at Dinokwe
6 May 2026Update - Proposed issue of securities - BLZ
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
28 Apr 2026$PCopper-in-Soil Anomaly Discovered at Dinokwe
21 Apr 2026Update - Proposed issue of securities - BLZ
30 Mar 2026Commencement of Field Activities at Dinokwe
12 Mar 2026Half Year Report and Accounts
10 Mar 2026Proposed issue of securities - BLZ
10 Mar 2026Proposed issue of securities - BLZ
10 Mar 2026Proposed issue of securities - BLZ

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