CLASSIC MINERALS LTD
ASX:CLZMaterialsShare count grew 339% in 24 months; 4 cash raises in 24 months; options/rights overhang 16% of shares
CLASSIC MINERALS LTD's ordinary share count grew 339.4% between July 2024 and February 2026, to 5.51B shares. The company raised capital four times in that period, with total disclosed proceeds of A$100K and the most recent raise a placement in February 2026; the total covers only raises with disclosed, confirmed proceeds. Options and rights on issue could convert into 855M new shares, equal to 15.5% of the current share count, with 0% in the money and the nearest expiry in June 2027. The company no longer lodges quarterly cash reports, so no quarterly cash balance or runway figure applies. No proposed securities issues 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 |
|---|---|---|---|---|
| 26 Feb 2026 | 2A · quoted issue | CLZ : ORDINARY FULLY PAID | 5.51B | Appendix 2A |
| 28 Jan 2026 | 3H · cancellation | CLZ : ORDINARY FULLY PAID | 4.27B | Appendix 3H |
| 23 Dec 2025 | 3G · unquoted | CLZ : ORDINARY FULLY PAID | 4.27B | Appendix 3G |
| 23 Dec 2025 | 3H · cancellation | CLZ : ORDINARY FULLY PAID | 4.27B | Appendix 3H |
| 2 Dec 2025 | 3H · cancellation | CLZ : ORDINARY FULLY PAID | 4.27B | Appendix 3H |
Capital raises
4 cash raises in the last 24 months · 2 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.