Companies / IMI

INFINITY MINING LIMITED

ASX:IMIMaterials
559.9M shares on issueASX (delayed) · as of 28 July 2026$0.008price · delayed$3.9Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 372% in 24 months; 3 cash raises in 24 months

Cash runway0.3 quarters of funding
Share-count growth (24m)371.5%
Raise cadence (24m)3 cash raises
Options & rights overhang153.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

INFINITY MINING LIMITED's ordinary share count grew 371.5% between January 2024 and February 2026, to 560M shares. The company raised capital three times in that period for total disclosed proceeds of A$1.6M, most recently A$1.0M in October 2025. Options and rights on issue could convert into 861M new shares, equal to 153.8% of the current share count, with 0% in the money and the nearest expiry in October 2027. At the March 2026 quarter the company reported A$78K in available cash, covering 0.3 quarters at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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153.8%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
0.3 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 559.9M per ASX (delayed) (28 July 2026).
388.6M451.5M514.4MDec 24Sept 25July 26Cash raise · 31 Oct 2025Cash raise · 11 Apr 2025Cash raise · 10 Apr 2025

Cash runway

0.3 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$78k 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
23 July 20263H · cancellationIMI : ORDINARY FULLY PAID559.9MAppendix 3H
9 Feb 20262A · quoted issueIMI : ORDINARY FULLY PAID559.9MAppendix 2A
22 Jan 20263G · unquotedIMI : ORDINARY FULLY PAID523.0MAppendix 3G
22 Jan 20262A · quoted issueIMI : ORDINARY FULLY PAID534.9MAppendix 2A
19 Jan 20262A · quoted issueIMI : ORDINARY FULLY PAID523.0MAppendix 2A
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

3 cash raises in the last 24 months · 1 in the last 12 months

$1.0M
Capital raise
31 Oct 2025
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

153.8%
Total overhang · of current shares
0.0%
In the money · at current price
860.9M
Potential new shares
Oct 2027
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
4 Feb 2026Cameron PetricevicOther20.0M——3Y notice
4 Feb 2026Kevin Mark WoodthorpeOther5.0M30.0M—3Y notice
16 Jan 2026Gongkui XiaoOther750k750k$8k3Y 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

26 July 2026$PHigh-grade antimony-gold anomaly outlined over 500m in Vic.
23 July 2026Notification of cessation of securities - IMI
6 July 2026$PHigh-Grade Copper-Silver Assays at Hillside Project
30 June 2026$POrivium Metallurgical Update
29 June 2026$PCangai Project Update
26 June 2026Appendix 4G and Corporate Governance Statement
26 June 2026Annual Report to 31 March 2026
27 May 2026$PWestern Australian Mobilisation at Hillside Project
25 May 2026$PVictorian Mobilisation at Walhalla Project
28 Apr 2026$PAppendix 5B Quarter Ended 31 March 2026
28 Apr 2026$PQuarterly Activities Report period ended 31 March 2026
26 Apr 2026$PFarm-in and Strategic Technical Alliance
19 Apr 2026$PInfinity & Orivium Expand MOC to Combine Ores and e-Waste
15 Apr 2026Initial Director's Interest Notice (V Bellandi)
15 Apr 2026Initial Director's Interest Notice (S Wood)
12 Apr 2026$PSignificant Gold & Copper Trends Identified & Board Changes
23 Feb 2026Release of Shares from Voluntary Escrow
9 Feb 2026Cleansing Notice 708A(5)(e)
9 Feb 2026Application for quotation of securities - IMI
9 Feb 2026Change of Director's Interest Notice

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