BPM MINERALS LIMITED
ASX:BPMMaterialsShare count grew 59% in 24 months; 5 cash raises in 24 months; options/rights overhang 37% of shares
BPM MINERALS LIMITED's ordinary share count grew 58.8% between October 2024 and July 2026, to 133M shares. The company raised capital five times in that period, with disclosed proceeds totalling A$14.0M (note: total covers only raises with disclosed, confirmed proceeds), most recently a A$3.5M placement in February 2026. Options and rights on issue could convert into 49M new shares, equal to 36.6% of the current share count, with 0% in the money and the nearest expiry in October 2026. At the June 2026 quarter the company reported A$6.2M in available cash, about 4.5 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 6 July 2026 | 2A · quoted issue | BPM : ORDINARY FULLY PAID | 132.9M | Appendix 2A |
| 25 June 2026 | 2A · quoted issue | BPM : ORDINARY FULLY PAID | 130.2M | Appendix 2A |
| 7 May 2026 | 2A · quoted issue | BPM : ORDINARY FULLY PAID | 130.2M | Appendix 2A |
| 14 Apr 2026 | 2A · quoted issue | BPM : ORDINARY FULLY PAID | 130.1M | Appendix 2A |
| 2 Apr 2026 | 3G · unquoted | BPM : ORDINARY FULLY PAID | 129.9M | Appendix 3G |
Capital raises
5 cash raises in the last 24 months · 4 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.