LEGACY MINERALS HOLDINGS LIMITED
ASX:LGMMaterialsToday’s holders own 85.7% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 76% in 24 months; 4 cash raises in 24 months
LEGACY MINERALS HOLDINGS LIMITED's latest ASX market reading shows 200M ordinary shares as at February 2026; its Appendix 2A filing series does not cover a comparable start date, so a share-count change over a consistent window is not available. The company raised capital four times in the past 24 months, with total disclosed proceeds of A$7.8M, most recently a A$7.8M placement in May 2025. Options and rights could convert into 33M new shares, representing 16.6% of the current share count; none are in the money, and the nearest expiry is August 2027. Cash funding is estimated at under 2 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 4
When did LGM last raise capital?
The last capital raise in Legacy Minerals Holdings's filings is Placement of $7.8M announced 16 May 2025, one of 3 cash raises in 24 months.
How much placement capacity does LGM 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 LGM have?
In its quarterly cash report for the quarter ended 30 June 2026, Legacy Minerals Holdings reported $6.1M of cash and estimated 2.6 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do LGM's options expire?
Unexercised options and rights equal 16.6% of Legacy Minerals Holdings's shares on issue; the nearest expiry is Aug 2027.
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 |
|---|---|---|---|---|
| 22 June 2026 | 3H · cancellation | LGM : ORDINARY FULLY PAID | 200.1M | Appendix 3H |
| 30 Jan 2026 | 2A · quoted issue | LGM : ORDINARY FULLY PAID | 185.3M | Appendix 2A |
| 27 Jan 2026 | 2A · quoted issue | LGM : ORDINARY FULLY PAID | 183.3M | Appendix 2A |
| 20 Jan 2026 | 2A · quoted issue | LGM : ORDINARY FULLY PAID | 179.9M | Appendix 2A |
| 19 Jan 2026 | 2A · quoted issue | LGM : ORDINARY FULLY PAID | 175.2M | Appendix 2A |
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
3 cash raises in the last 24 months · 0 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 $0.095 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 11.8M (5.9% 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 |
|---|---|---|---|---|---|---|
| LGMAL | Options | Price-triggered | $0.30 | 7 Aug 2027 | 21.5M | Filing |
| LGMAK | Options | Price-triggered | $0.23 | 19 Mar 2028 | 4.0M | Filing |
| LGMAM | Options | Price-triggered | $0.27 | 8 Aug 2028 | 7.8M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 22 June 2026 | Christopher Gerard Byrne | Sell | 11.7M | 1.0M | — | — | 3Y notice |
| 22 June 2026 | David John Carland | Sell | 3.2M | 500k | — | — | 3Y notice |
| 22 June 2026 | Douglas Charles Menzies | Sell | 707k | 500k | — | — | 3Y notice |
| 22 June 2026 | Matthew John Wall | Sell | 13.1M | 1.5M | — | — | 3Y notice |
| 22 June 2026 | Thomas Patrick Wall | Sell | 13.1M | 1.5M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.