E79 GOLD MINES LIMITED
ASX:E79MaterialsToday’s holders own 95.9% of what they think they own, once every option and right converts.
Share count grew 262% in 24 months; 3 cash raises in 24 months; runway 4–8 quarters
E79 GOLD MINES LIMITED's ordinary share count grew 262.3% between June 2024 and February 2026, its latest share-count filing, to 354M shares. The company raised capital three times in the past 24 months for total disclosed proceeds of A$5.9M, most recently a A$3.1M placement in October 2025. Options and rights could convert into 15M new shares, equal to 4.3% of the current share count, with none in the money; the nearest expiry is November 2026. The company has more than 4 quarters of funding at the recent spend rate. Two proposed securities issues (Appendix 3B) are pending, with the nearest expected issue date in November 2026.
Quick answers · 5
Is E79 raising capital?
E79 Gold Mines has 2 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $3.1M on 3 Oct 2025.
How much placement capacity does E79 have left?
None of the 15% placement capacity counted as used in the last 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does E79 have?
In its quarterly cash report for the quarter ended 30 Sept 2026, E79 Gold Mines reported $1.9M of cash and estimated 4.4 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do E79's options expire?
Unexercised options and rights equal 4.3% of E79 Gold Mines's shares on issue; the nearest expiry is Nov 2026.
How much has E79's share count grown?
E79 Gold Mines has 353.6M shares on issue as at 28 Oct 2026, up 262.3% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 1 July 2026 | 3H · cancellation | E79 : ORDINARY FULLY PAID | 353.6M | Appendix 3H |
| 5 Feb 2026 | 2A · quoted issue | E79 : ORDINARY FULLY PAID | 353.6M | Appendix 2A |
| 8 Dec 2025 | 2A · quoted issue | E79 : ORDINARY FULLY PAID | 325.0M | Appendix 2A |
| 4 Dec 2025 | 2A · quoted issue | E79 : ORDINARY FULLY PAID | 321.0M | Appendix 2A |
| 4 Dec 2025 | 2A · quoted issue | E79 : ORDINARY FULLY PAID | 321.0M | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
3 cash raises in the last 24 months · 0 in the last 12 months
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- November 2026 · 12,000m RC and air-core drilling commencement (to start)
- by end 2026 · 12,000m drilling program completion (to complete)
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 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.027 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 8.3M (2.3% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| E79AL | Options | Price-triggered | $0.12 | 30 Nov 2026 | 3.9M | Filing |
| E79AM | Options | Price-triggered | $0.035 | 30 Nov 2027 | 3.6M | Filing |
| E79AO | Options | Price-triggered | $0.050 | 30 Nov 2027 | 3.0M | Filing |
| E79AP | Options | Price-triggered | $0.037 | 30 Nov 2028 | 4.6M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 3 July 2026 | CHRISTOPHER CAIRNS | Other off-market | 3.4M | 600k | — | $101k | 3Y notice |
| 30 June 2026 | CHRISTOPHER CAIRNS | Other | — | — | — | — | 3Y notice |
| 30 June 2026 | DEBORAH LORD | Sell | 1.0M | 1.1M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.