MAVERICK MINERALS AUSTRALIA LTD
ASX:M96MaterialsToday’s holders own 60.1% of what they think they own, once every option and right converts.
Options/rights overhang 66% of shares; 2 cash raises in 24 months; 53% of shares in the money; since relisting as M96; prior history under CR9 not included
MAVERICK MINERALS AUSTRALIA LTD has a current share count of 1.85B as of August 2026, reflecting a 2.5% increase since June 2026. The company has had 2 capital raises in the 24-month window, totalling A$6.0M, with the latest being a A$5.0M placement in April 2026. There are outstanding options and rights that could convert into 1.23B new shares, representing 66.4% of the current share count, with 53% of these in the money. The nearest expiry for these options is April 2028. As of June 2026, the company reported A$7.6M in cash reserves, sufficient for approximately 16.8 quarters. There are no proposed securities issues pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 4 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 21 Aug 2026 | 2A · quoted issue | M96 : ORDINARY FULLY PAID | 1.85B | Appendix 2A |
| 21 Aug 2026 | 3G · unquoted | ORDINARY FULLY PAID | 1.80B | Appendix 3G |
| 25 June 2026 | 2A · quoted issue | M96 : ORDINARY FULLY PAID | 1.80B | Appendix 2A |
| 25 June 2026 | 3G · unquoted | M96 : ORDINARY FULLY PAID | 1.59B | Appendix 3G |
Capital raises
2 cash raises in the last 24 months · 2 in the last 12 months · counted since relisting as M96 (22 June 2026); prior history under CR9 is not included
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
At $0.007 today, 986.1M securities are in the money (53.4% of shares on issue). No more priced supply until 3× today’s price, which takes it to 1.23B (66.4% 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 |
|---|---|---|---|---|---|---|
| M96AH | Options | Price-triggered | $0.002 | 10 Apr 2028 | 123.0M | Filing |
| M96AI | Options | Price-triggered | $0.002 | 28 Apr 2028 | 328.1M | Filing |
| M96AJ | Options | Price-triggered | $0.002 | 6 Nov 2028 | 200.0M | Filing |
| M96AA | Options | Price-triggered | $0.020 | 25 Dec 2028 | 240.8M | Filing |
| M96AK | Options | Price-triggered | $0.004 | 23 Feb 2029 | 335.0M | 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
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.