BLAZE MINERALS LIMITED
ASX:BLZEnergyToday’s holders own 77.6% of what they think they own, once every option and right converts.
Share count grew 426% in 24 months; 3 cash raises in 24 months; runway 4–8 quarters
BLAZE MINERALS LIMITED's ordinary share count grew 426.0% between August 2024 and September 2026, reaching 3.31 billion shares. In the past 24 months, the company raised capital three times for a total of A$6.0M, with the most recent being a A$2.2M placement in August 2026. Options and rights on issue could convert into 955M new shares, representing 28.9% of the current share count, with the nearest expiry in November 2027; none are currently in the money. At the June 2026 quarter, the company reported A$2.0M in available cash, sufficient for 6.3 quarters of funding. Three proposed securities issues are pending, with the nearest proposed date in October 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 10 Sept 2026 | 2A · quoted issue | BLZ : ORDINARY FULLY PAID | 3.31B | Appendix 2A |
| 26 May 2026 | 2A · quoted issue | BLZ : ORDINARY FULLY PAID | 2.92B | Appendix 2A |
| 2 Jan 2026 | 3H · cancellation | BLZ : ORDINARY FULLY PAID | 2.88B | Appendix 3H |
| 26 Aug 2025 | 3G · unquoted | BLZ : ORDINARY FULLY PAID | 2.88B | Appendix 3G |
| 26 Aug 2025 | 3G · unquoted | BLZ : ORDINARY FULLY PAID | 2.88B | Appendix 3G |
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
An exercise price is on record for only 41.9% 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 $0.0010 today. No more priced supply until 10× today’s price, which takes it to 400.0M (12.1% 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.
- 555.2M (58.1% 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 |
|---|---|---|---|---|---|---|
| BLZAB | Options | Price-triggered | $0.005 | 30 Nov 2027 | 400.0M | Filing |
| BLZO | Options | Price-triggered | — | 31 Dec 2027 | 555.2M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 31 Dec 2025 | Mathew Walker | Sell | 184.0M | 15.0M | — | — | 3Y notice |
| 26 Aug 2025 | David Prentice | Other | — | 5.0M | — | — | 3Y notice |
| 26 Aug 2025 | Simon Coxhell | Other | — | 5.0M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.