Companies / MCM

MC MINING LIMITED

ASX:MCMEnergy
844.9M shares on issueASX (delayed) · as of 28 July 2026$0.28price · delayed$232.4Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 104% in 24 months; 5 cash raises in 24 months

Cash runway-1.0 quarters of funding
Share-count growth (24m)104.1%
Raise cadence (24m)5 cash raises
Options & rights overhang0.9% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

MC MINING LIMITED's ordinary share count grew 104.1% between May 2024 and April 2026, to 845M shares. The company completed five capital raisings in the past 24 months for total proceeds of A$277.9M, most recently a Convertible Promissory Note Program raising A$13.8M in June 2026. Options and rights on issue could convert into 8M new shares, equal to 0.9% of the current share count, with 0% in the money and the nearest expiry in November 2027. At the March 2026 quarter the reported cash position was A$-14.4M, equivalent to -1.0 quarters of cover. 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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0.9%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
-1.0 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 844.9M per ASX (delayed) (28 July 2026).
553.6M660.5M767.5MDec 24Sept 25July 26Cash raise · 11 June 2026Cash raise · 4 July 2025Cash raise · 1 May 2025Cash raise · 13 Mar 2025

Cash runway

-1.0 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-14.4M 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
20 Apr 20262A · quoted issueMCM : ORDINARY FULLY PAID844.9MAppendix 2A
26 Mar 20262A · quoted issueMCM : ORDINARY FULLY PAID816.1MAppendix 2A
9 Mar 20262A · quoted issueMCM : ORDINARY FULLY PAID787.3MAppendix 2A
6 Jan 20262A · quoted issueMCM : ORDINARY FULLY PAID739.5MAppendix 2A
22 Sept 20252A · quoted issueMCM : ORDINARY FULLY PAID691.6MAppendix 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

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

$13.8M
Convertible Promissory Note Program
11 June 2026 ACTIVE
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

0.9%
Total overhang · of current shares
0.0%
In the money · at current price
8.0M
Potential new shares
Nov 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

No director dealing notices (Appendix 3Y) on record.
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

28 July 2026$PCEO Handover and Interim CEO Appointment
7 July 2026Change in substantial holding notices x 4
29 June 2026Release of Securities from Escrow
11 June 2026$PMC Mining enters into US$9.94M convertible note program
19 May 2026Chair Appointment/Resignation
8 May 2026Initial Director's Interest Notice x 2
8 May 2026Final Director's Interest Notice
5 May 2026$PMCM completes Kinetic Development Group subscription
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
24 Apr 2026Release of Securities from Escrow
22 Apr 2026Change in substantial holding notices x 5
22 Apr 2026Cleansing Notice
20 Apr 2026Application for quotation of securities - MCM
31 Mar 2026Change in substantial holding notices x 5
31 Mar 2026Cleansing Notice
26 Mar 2026Application for quotation of securities - MCM
13 Mar 2026$PMCM Half Year Results Announcement
13 Mar 2026Half Yearly Report and Accounts
13 Mar 2026Change in substantial holding notices x 5
12 Mar 2026Cleansing Notice

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