FREEHILL MINING LIMITED.
ASX:FHSMaterialsRunway under 2 quarters; share count grew 32% in 24 months; 5 cash raises in 24 months
FREEHILL MINING LIMITED.'s ordinary share count rose 32.1% between July 2024 and July 2026 to 4.07B shares. The company raised capital five times in that 24-month window for total proceeds of A$5.3M, most recently a A$1.5M placement in February 2026. Options and rights on issue could convert into 967M new shares, equal to 23.8% of the current share count, with 0% in the money and the nearest expiry in May 2028. At the March 2026 quarter the company reported IQ cash of A$-188K, representing -0.3 quarters of cover. 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 |
|---|---|---|---|---|
| 7 July 2026 | 2A · quoted issue | FHS : ORDINARY FULLY PAID | 4.07B | Appendix 2A |
| 26 May 2026 | 2A · quoted issue | FHS : ORDINARY FULLY PAID | 4.07B | Appendix 2A |
| 11 Mar 2026 | 2A · quoted issue | FHS : ORDINARY FULLY PAID | 4.05B | Appendix 2A |
| 22 Feb 2026 | 3H · cancellation | FHS : ORDINARY FULLY PAID | 3.55B | Appendix 3H |
| 13 Feb 2026 | 2A · quoted issue | FHS : ORDINARY FULLY PAID | 3.55B | Appendix 2A |
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.