Companies / HMX

HAMMER METALS LIMITED

ASX:HMXMaterials
892.8M shares on issueASX (delayed) · as of 28 July 2026$0.066price · delayed$56.2Mmarket cap · indicative
B
Dilution grade

Runway under 2 quarters; 1% of shares in the money

Cash runway0.2 quarters of funding
Share-count growth (24m)0.6%
Raise cadence (24m)0 cash raises
Options & rights overhang3.7% of shares
In-the-money supply0.8% of shares
Pending proposed issuesnone

HAMMER METALS LIMITED's ordinary share count was 893M as of September 2025, up 0.6% since October 2024. The company did not raise capital in the disclosed 24-month window. Options and rights on issue could convert into 33M new shares, equal to 3.7% of the current share count, with 1% in the money; the nearest expiry is November 2026. At the March 2026 quarter the company reported A$208K in available cash, equivalent to 0.2 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are currently pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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3.7%
Max option dilution
0.8%
ITM option dilution
0
Raises · last 12 months
0.2 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 892.8M per ASX (delayed) (28 July 2026).
888.8M890.3M891.7MDec 24Sept 25July 26

Cash runway

0.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$208k 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 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
5 June 20263H · cancellationHMX : ORDINARY FULLY PAID892.8MAppendix 3H
3 Dec 20253G · unquotedHMX : ORDINARY FULLY PAID892.8MAppendix 3G
17 Sept 20252A · quoted issueHMX : ORDINARY FULLY PAID892.8MAppendix 2A
27 May 20253H · cancellationHMX : ORDINARY FULLY PAID887.8MAppendix 3H
17 Jan 20253H · cancellationHMX : ORDINARY FULLY PAID887.8MAppendix 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

No equity raises in the last 24 months.
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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

3.7%
Total overhang · of current shares
0.8%
In the money · at current price
33.0M
Potential new shares
Nov 2026
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

DateDirectorTypeSharesOptionsValueSource
3 Dec 2025James CroserOther—1.0M—3Y notice
3 Dec 2025Russell DavisOther3.0M4.0M—3Y notice
3 Dec 2025Russell DavisOther45.0M1.5M—3Y notice
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

17 July 2026Mt Isa East Joint Venture Update
13 July 2026$PAdditional Assays Grow Outstanding Kalman Intercept
8 July 2026$PLRV: Competing Proposal Response
6 July 2026$PUnsolicited, Non-binding Proposal from Austral Resources
11 June 2026$PReinstatement to Quotation
11 June 2026$PLarvotto Resources To Acquire Hammer Metals
9 June 2026Extension to Voluntary Suspension
8 June 2026$PSuspension from Quotation
5 June 2026Notification of cessation of securities - HMX
5 June 2026Correction to Director's Interest Notification
5 June 2026$PMount Isa JV and Earn-in Updates
4 June 2026$PTrading Halt
4 June 2026$PPause in Trading
24 May 2026$PStrong Start to Resource Upgrade Drilling at Kalman
28 Apr 2026$PMarch Quarter Activities Report and Appendix 5B
27 Apr 2026$PCopper, Gold, Molybdenum Drilling Commences at Kalman
12 Apr 2026Investor Presentation April 2026
31 Mar 2026$PNew Targets Defined from Regional Review
25 Mar 2026$PTwo Grants Awarded under Qld Government CEI Scheme
19 Mar 2026$PFavourable alteration at Bullrush and Isa Valley

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