LEGEND MINING LIMITED
ASX:LEGMaterialsToday’s holders own 99.5% of what they think they own, once every option and right converts.
No major dilution pressure signals in current disclosures
LEGEND MINING LIMITED's ordinary share count was 2.91B as of July 2025, an increase of 0.2% since July 2024. The company has not raised capital in the past 24 months. Options and rights on issue could convert into 16M new shares, representing 0.5% of the current share count, with the nearest expiry in March 2028. As of the June 2026 quarter, the company held A$9.3M in available cash, which would cover approximately 18.4 quarters of its recent operating expenses. No proposed securities issues 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 | On issue, per this filing | Source |
|---|---|---|---|---|
| 25 June 2026 | 3G · unquoted | LEG : ORDINARY FULLY PAID | 2.91B | Appendix 3G |
| 11 May 2026 | 3H · cancellation | LEG : ORDINARY FULLY PAID | 2.91B | Appendix 3H |
| 23 Jan 2026 | 3H · cancellation | LEG : ORDINARY FULLY PAID | 2.91B | Appendix 3H |
| 21 July 2025 | 3H · cancellation | LEG : ORDINARY FULLY PAID | 2.91B | Appendix 3H |
| 3 July 2025 | 2A · quoted issue | LEG : ORDINARY FULLY PAID | 2.91B | Appendix 2A |
Capital raises
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
No option supply on record carries an exercise price to pay, so no share price switches any of it on. 7.0M of it states a NIL exercise price — nothing is paid to convert that, so it converts at any price. The other 9.0M converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| LEGAQ | Options | Price-triggered | Nil | 17 Mar 2028 | 7.0M | Filing |
| — | Options | Price-triggered | — | 30 June 2031 | 9.0M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 30 June 2026 | Mark William Wilson | Buy on-market | 9.1M | — | — | $77k | 3Y notice |
| 18 June 2026 | Tony Walsh | Buy on-market | 3.0M | — | — | $25k | 3Y notice |
| 8 May 2026 | Hilary Fare Macdonald | Other | — | 5.0M | — | — | 3Y notice |
| 8 May 2026 | Mark William Wilson | Other | — | 20.0M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.