EVERGOLD MINERALS LIMITED
ASX:EG1MaterialsToday’s holders own 82.8% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 141% in 24 months; options/rights overhang 21% of shares
Evergold Minerals Limited's ordinary share count grew 141.2% between April 2025 and August 2026, its latest share-count filing, to 437M shares. In the past 24 months it raised A$5.2M via one placement, completed in February 2026. Options and rights on issue could convert into 91M new shares, equal to 20.8% of the current share count, none of which are in the money; the nearest expiry is January 2027. The company has under 2 quarters of funding at the recent spend rate. Two proposed securities issues (Appendix 3B) are pending, with an expected issue date in April 2027.
Quick answers · 5
Is EG1 raising capital?
Evergold Minerals has 2 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $5.2M on 6 Feb 2026.
How much placement capacity does EG1 have left?
About 88% of the 15% placement capacity left, about 12% used in 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 EG1 have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Evergold Minerals reported $2.8M of cash and estimated 2.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do EG1's options expire?
Unexercised options and rights equal 20.8% of Evergold Minerals's shares on issue; the nearest expiry is Jan 2027.
How much has EG1's share count grown?
Evergold Minerals has 436.8M shares on issue as at 28 Oct 2026, up 141.2% 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 |
|---|---|---|---|---|
| 6 Aug 2026 | 2A · quoted issue | EG1 : ORDINARY FULLY PAID | 436.8M | Appendix 2A |
| 31 July 2026 | 3G · unquoted | EG1 : ORDINARY FULLY PAID | 436.3M | Appendix 3G |
| 28 July 2026 | 2A · quoted issue | EG1 : ORDINARY FULLY PAID | 435.3M | Appendix 2A |
| 28 July 2026 | 2A · quoted issue | EG1 : ORDINARY FULLY PAID | 429.6M | Appendix 2A |
| 16 July 2026 | 3G · unquoted | EG1 : ORDINARY FULLY PAID | 428.6M | Appendix 3G |
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
1 cash raise 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 / 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 $0.021 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 25.0M (5.7% 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.
- 21.0M (23.1% of the supply above) states a nil exercise price — nothing is paid to convert it, so no share price switches it on or off. It is the flat band, and it is not part of the in-the-money figure.
- 45.0M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| EG1AC | Options | Price-triggered | $0.30 | 24 Jan 2027 | 45.0M | Filing |
| EG1AI | Options | Price-triggered | Nil | 27 June 2028 | 1.5M | Filing |
| EG1AJ | Options | Price-triggered | $0.052 | 8 May 2029 | 25.0M | Filing |
| EG1AG | Options | Price-triggered | Nil | 5 June 2029 | 2.0M | Filing |
| EG1AL | Options | Price-triggered | Nil | 16 July 2029 | 3.0M | Filing |
| EG1AP | Options | Price-triggered | Nil | 31 July 2029 | 500k | Filing |
| EG1AH | Options | Price-triggered | Nil | 5 June 2030 | 2.0M | Filing |
| EG1AM | Options | Price-triggered | Nil | 16 July 2030 | 10.0M | Filing |
| EG1AO | Options | Price-triggered | Nil | 31 July 2030 | 2.0M | 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.
- EG1AKPrice-triggered1.0M securities → 028 July 2026 Appendix 2A
- EG1AEPrice-triggered1.0M securities → 07 July 2026 Appendix 2A
- EG1ADPrice-triggered500k securities → 016 Apr 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 1 Sept 2026 | Peter Marks | Buy | 800k | — | — | $25k | 3Y notice |
| 1 Sept 2026 | Simon Lill | Other | 1.1M | — | — | — | 3Y notice |
| 1 Sept 2026 | Steven John Morris | Buy on-market | 2.9M | 1.5M | — | $31k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.