Companies / NAE

NEW AGE EXPLORATION LIMITED

ASX:NAEEnergy
4.34B shares on issueASX (delayed) · as of 28 July 2026$0.002price · delayed$8.7Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 102% in 24 months; 4 cash raises in 24 months

Cash runway0.6 quarters of funding
Share-count growth (24m)102.5%
Raise cadence (24m)4 cash raises
Options & rights overhang86.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

NEW AGE EXPLORATION LIMITED's ordinary share count grew 102.5% between November 2024 and June 2026, to 4.34B shares. The company raised capital four times in the 24-month window for total disclosed proceeds of A$9.5M, most recently a A$3.8M placement in October 2025. Options and rights on issue could convert into 3.75B new shares, equal to 86.3% of the current share count, with 0% in the money at present and the nearest expiry in December 2026. At the March 2026 quarter the company reported A$655K in available cash, equivalent to about 0.6 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in November 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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86.3%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
0.6 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 4.34B per ASX (delayed) (28 July 2026).
2.61B3.24B3.88BDec 24Sept 25July 26Cash raise · 21 Oct 2025Cash raise · 21 Oct 2025Cash raise · 26 Mar 2025Cash raise · 28 Feb 2025

Cash runway

0.6 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$655k 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
30 June 20262A · quoted issueNAE : ORDINARY FULLY PAID4.34BAppendix 2A
30 Mar 20262A · quoted issueNAE : ORDINARY FULLY PAID4.29BAppendix 2A
1 Mar 20263G · unquotedNAE : ORDINARY FULLY PAID4.21BAppendix 3G
5 Feb 20262A · quoted issueNAE : ORDINARY FULLY PAID4.21BAppendix 2A
1 Dec 20252A · quoted issueNAE : ORDINARY FULLY PAID4.21BAppendix 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

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

$3.8M
Placement
21 Oct 2025 COMPLETE
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

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

86.3%
Total overhang · of current shares
0.0%
In the money · at current price
3.75B
Potential new shares
Dec 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

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

7 July 2026$PWallah Silver Project Exploration Commences
30 June 2026Cleansing Notice
30 June 2026Application for quotation of securities - NAE
30 June 2026$PWallah Silver Project NSW - Acquisition Completed
29 June 2026$PShear-Hosted Gold at Bella Prospect NZ
14 June 2026$PPhase 2 Drilling Completed - Lammerlaw Gold-Antimony Project
25 May 2026$PLammerlaw Phase 2 Drilling Nears Completion
27 Apr 2026$PQuarterly Activities and Cashflow Report
30 Mar 2026Cleansing Notice
30 Mar 2026Application for quotation of securities - NAE
27 Mar 2026Change of Share Registry
17 Mar 2026$PDrilling Commences at Lammerlaw Gold-Antimony Project NZ
16 Mar 2026$PHigh-Grade Gold Intercepts at Wagyu
11 Mar 2026Half Year Accounts
1 Mar 2026Final Director's Interest Notice
1 Mar 2026Notification regarding unquoted securities - NAE
1 Mar 2026Proposed issue of securities - NAE
1 Mar 2026$PCEO Appointment and NSW Silver Project Acquisition
18 Feb 2026$PResponse to ASX Price Query
10 Feb 2026$PNew Drill Assays Support Gold Discovery at Wagyu

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