Companies / MHK

METAL HAWK LIMITED.

ASX:MHKMaterials
123.4M shares on issueASX (delayed) · as of 28 July 2026$0.070price · delayed$8.6Mmarket cap · indicative
C
Dilution grade

Runway 2–4 quarters; share count grew 23% in 24 months; 2 cash raises in 24 months

Cash runway3.4 quarters of funding
Share-count growth (24m)22.9%
Raise cadence (24m)2 cash raises
Options & rights overhang12.9% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

METAL HAWK LIMITED.'s ordinary share count rose 22.9% between March 2024 and July 2025 to 123M shares. The company completed two capital raises in the 24‑month window for total disclosed proceeds of A$2.5M, the most recent dated May 2025. Options and rights on issue could convert into 16M new shares, equal to 12.9% of the current share count, with the nearest expiry in November 2026 and 0% of current shares in the money. At the March 2026 quarter the company reported A$1.6M in available cash, representing 3.4 quarters of cover at the reported run 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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12.9%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
3.4 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 123.4M per ASX (delayed) (28 July 2026).
115.1M118.1M121.2MDec 24Sept 25July 26Cash raise · 2 May 2025Cash raise · 24 Mar 2025

Cash runway

3.4 qtrs
Two to four quarters of funding at the recent spend rate.
$1.6M 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
1 Dec 20253H · cancellationMHK : ORDINARY FULLY PAID123.4MAppendix 3H
1 Dec 20253G · unquotedMHK : ORDINARY FULLY PAID123.4MAppendix 3G
1 July 20252A · quoted issueMHK : ORDINARY FULLY PAID123.4MAppendix 2A
2 May 20252A · quoted issueMHK : ORDINARY FULLY PAID121.6MAppendix 2A
27 Mar 20252A · quoted issueMHK : ORDINARY FULLY PAID121.3MAppendix 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

2 cash raises in the last 24 months · 0 in the last 12 months

—
Capital raise
2 May 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

12.9%
Total overhang · of current shares
0.0%
In the money · at current price
15.9M
Potential new shares
Nov 2026
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
6 Feb 2026David PennockBuy250k250k$23k3Y notice
1 Dec 2025William BelbinOther—1.5M—3Y notice
1 Dec 2025David PennockSell—500k—3Y 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

16 July 2026$PRC Drilling Recommences at Leinster South
1 July 2026$PKey Tenure Secured Along the Keith-Kilkenny Shear Zone
2 June 2026$PLeinster South Exploration Update
10 May 2026$PShallow High-Grade Gold at Leinster South
4 May 2026$PEIS Co-Funding for Drilling at Leinster South
29 Apr 2026$PQuarterly Activities / Appendix 5B Cash Flow Report
20 Apr 2026$PGravity Survey Underway at Leinster South
6 Apr 2026$PRC Drilling Completed at Leinster South
16 Mar 2026Half Year Accounts
5 Mar 2026$PRC Drilling Underway at Leinster South
9 Feb 2026Change of Director's Interest Notice - D Pennock
30 Jan 2026Change in substantial holding
29 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
26 Jan 2026$PSAM Survey Identifies Priority Gold Target at Leinster South
21 Dec 2025$PDiamond Drilling Confirms High Grade Gold at Leinster South
2 Dec 2025Change of Director's Interest Notice - M Edwards
2 Dec 2025Change of Director's Interest Notice - W Belbin
2 Dec 2025Change of Director's Interest Notice - D Pennock
1 Dec 2025Notification regarding unquoted securities - MHK
1 Dec 2025Change of Director's Interest Notice - W Belbin

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