HAMELIN GOLD LIMITED
ASX:HMGMaterialsToday’s holders own 93.2% of what they think they own, once every option and right converts.
Share count grew 58% in 24 months; runway 4–8 quarters; 2 cash raises in 24 months
HAMELIN GOLD LIMITED's ordinary share count grew 58.1% between December 2024 and October 2026, its latest share-count filing, to 250M shares. The company raised capital twice in that period for total disclosed proceeds of A$11.1M, most recently an A$8.3M placement in August 2026. Options and rights on issue could convert into 18M new shares, equal to 7.3% of the current share count, of which 7% are in the money at the current share price; the nearest expiry falls in November 2026. The company has more than 4 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 5
When did HMG last raise capital?
The last capital raise in Hamelin Gold's filings is Placement of $8.3M announced 17 Aug 2026, one of 2 cash raises in 24 months.
How much placement capacity does HMG 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 HMG have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Hamelin Gold reported $9.0M of cash and estimated 8.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do HMG's options expire?
Unexercised options and rights equal 7.3% of Hamelin Gold's shares on issue; the nearest expiry is Nov 2026.
How much has HMG's share count grown?
Hamelin Gold has 249.9M shares on issue as at 28 Oct 2026, up 58.1% 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 |
|---|---|---|---|---|
| 12 Oct 2026 | 2A · quoted issue | HMG : ORDINARY FULLY PAID | 249.9M | Appendix 2A |
| 12 Oct 2026 | 3G · unquoted | HMG : ORDINARY FULLY PAID | 247.9M | Appendix 3G |
| 24 Aug 2026 | 2A · quoted issue | HMG : ORDINARY FULLY PAID | 247.9M | Appendix 2A |
| 29 June 2026 | 3H · cancellation | HMG : ORDINARY FULLY PAID | 198.3M | Appendix 3H |
| 28 Nov 2025 | 3G · unquoted | HMG : ORDINARY FULLY PAID | 198.3M | 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
2 cash raises 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 $0.20 today, 16.8M securities are in the money (6.7% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 17.3M (6.9% 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 |
|---|---|---|---|---|---|---|
| HMGAF | Options | Price-triggered | $0.26 | 30 Nov 2026 | 500k | Filing |
| HMGAL | Options | Price-triggered | $0.15 | 20 June 2027 | 2.0M | Filing |
| HMGAH | Options | Price-triggered | $0.15 | 26 June 2027 | 1.8M | Filing |
| HMGAI | Options | Price-triggered | $0.13 | 23 Nov 2027 | 2.0M | Filing |
| HMGAJ | Options | Price-triggered | $0.15 | 7 Aug 2028 | 1.5M | Filing |
| — | Options | Price-triggered | $0.30 | 12 Oct 2028 | 1.0M | Filing |
| HMGAK | Options | Price-triggered | $0.11 | 28 Nov 2028 | 3.0M | Filing |
| HMGAM | Options | Price-triggered | $0.10 | 27 Nov 2029 | 6.5M | 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.
- HMGAGPrice-triggered100k securities → 029 June 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 12 Oct 2026 | Justin Osborne | Buy placement | 500k | — | — | — | 3Y notice |
| 12 Oct 2026 | Peter Bewick | Buy placement | 393k | — | — | — | 3Y notice |
| 12 Oct 2026 | Philip Crutchfield | Buy placement | 813k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.