Companies / EMA

EMINENCE MINERALS LIMITED

ASX:EMAMaterials
191.9M shares on issueASX (delayed) · as of 28 July 2026$0.040price · delayed$7.7Mmarket cap · indicative
C
Dilution grade

Runway 2–4 quarters; options/rights overhang 21% of shares; 1 cash raise in 24 months

Cash runway3.5 quarters of funding
Share-count growth (24m)0.0%no issuance filings since 2024
Raise cadence (24m)1 cash raise
Options & rights overhang21.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

EMINENCE MINERALS LIMITED's ordinary share count stood at 192M as of June 2026. The company has lodged no new share-issuance (Appendix 2A) filings since January 2024. It raised capital once in the 24-month window, a Placement in June 2026 for A$2.5M, bringing total proceeds in the period to A$2.5M. Options and rights could convert into 41M new shares, equal to 21.4% of the current share count, with 0% in the money and the nearest expiry in July 2028. At the March 2026 quarter the company reported A$1.3M in cash, equivalent to 3.5 quarters of cover. Two proposed securities issues (Appendix 3B) are pending, the nearest proposed date being July 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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21.4%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
3.5 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 191.9M per ASX (delayed) (28 July 2026).
163.2M173.8M184.3MDec 25Mar 26July 26Cash raise · 8 June 2026

Cash runway

3.5 qtrs
Two to four quarters of funding at the recent spend rate.
$1.3M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 4 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
18 June 20262A · quoted issueEMA : ORDINARY FULLY PAID191.9MAppendix 2A
24 Feb 20263G · unquotedEMA : ORDINARY FULLY PAID155.6MAppendix 3G
16 Dec 20253H · cancellationEMA : ORDINARY FULLY PAID155.6MAppendix 3H
16 Dec 20253H · cancellationEMA : ORDINARY FULLY PAID155.6MAppendix 3H
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

1 cash raise in the last 24 months · 1 in the last 12 months

$2.5M
Placement
8 June 2026 ACTIVE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

2 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

21.4%
Total overhang · of current shares
0.0%
In the money · at current price
41.2M
Potential new shares
July 2028
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

No director dealing notices (Appendix 3Y) on record.
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

13 July 2026$PCompletion of Strategic Divestment of Mata da Corda Project
5 July 2026$PStrategic Divestment of Mata da Corda Project
23 June 2026Chief Financial Officer and Company Secretary Appointment
18 June 2026Cleansing Notice
18 June 2026Application for quotation of securities - EMA
16 June 2026$PCommences Drilling Program at Campo Grande Project
11 June 2026$PAwards drilling contract for 2,000m Rare Earth drill program
10 June 2026Proposed issue of securities - EMA
10 June 2026Proposed issue of securities - EMA
10 June 2026Proposed issue of securities - EMA
10 June 2026Investor presentation
10 June 2026$PSecures Firm Commitments for $2.5M Placement
8 June 2026$PTrading Halt
17 May 2026$PPlanned Fieldwork and Drilling Program at Campo Grande
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
26 Mar 2026$PCompletion of Divestment of Alturas Antimony Project
10 Mar 2026Half Yearly Report and Accounts
24 Feb 2026Notification regarding unquoted securities - EMA
9 Feb 2026$PSatellite imagery identifies multiple target at Campo Grande
30 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.