NOBLE HELIUM LIMITED
ASX:NHEEnergyToday’s holders own 89.7% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 142% in 24 months; 3 cash raises in 24 months
NOBLE HELIUM LIMITED reported an ordinary share count of 1.32B as of September 2026. Its ASX Appendix 2A filings end earlier than the market reading, so a growth figure from the first filing to the latest is not calculated. In the past 24 months, the company has completed 3 capital raises for total proceeds of A$15.5M, most recently a A$12.0M placement in April 2026. Options and rights on issue could convert into 152M new shares, representing an 11.5% overhang relative to current shares, with 2% in the money and the nearest expiry in November 2027. The company has under 2 quarters of funding at the recent spend rate, based on the June 2026 quarter. No proposed securities issues are pending.
Quick answers · 3
When did NHE last raise capital?
The last capital raise in Noble Helium's filings is Placement of $12.0M announced 2 Apr 2026, one of 3 cash raises in 24 months.
How much cash does NHE have?
In its quarterly cash report for the quarter ended 30 June 2026, Noble Helium reported $6.7M of cash and estimated 1.6 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do NHE's options expire?
Unexercised options and rights equal 11.5% of Noble Helium's shares on issue; the nearest expiry is Nov 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 |
|---|---|---|---|---|
| 26 Oct 2026 | 3H · cancellation | NHE : ORDINARY FULLY PAID | 1.32B | Appendix 3H |
| 5 Oct 2026 | 3G · unquoted | NHE : ORDINARY FULLY PAID | 1.32B | Appendix 3G |
| 30 Sept 2026 | 2A · quoted issue | NHE : ORDINARY FULLY PAID | 1.32B | Appendix 2A |
| 30 Sept 2026 | 2A · quoted issue | NHE : ORDINARY FULLY PAID | 1.25B | Appendix 2A |
| 30 Sept 2026 | 3G · unquoted | NHE : ORDINARY FULLY PAID | 1.25B | Appendix 3G |
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 · 2 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 $0.026 today, 22.5M securities are in the money (1.7% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 92.8M (7.0% 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 |
|---|---|---|---|---|---|---|
| NHEAN | Options | Price-triggered | $0.10 | 30 Nov 2027 | 4.5M | Filing |
| NHEAU | Options | Price-triggered | $0.060 | 4 Feb 2028 | 7.4M | Filing |
| NHEAV | Options | Price-triggered | $0.029 | 8 June 2028 | 70.3M | Filing |
| NHEAQ | Options | Price-triggered | $0.010 | 26 Nov 2028 | 22.5M | Filing |
| NHEAR | Options | Price-triggered | $0.060 | 26 Nov 2028 | 12.0M | Filing |
| NHEAS | Options | Price-triggered | $0.050 | 17 Dec 2028 | 10.0M | Filing |
| NHEAT | Options | Price-triggered | $0.075 | 17 Dec 2028 | 5.0M | Filing |
| NHEAW | Options | Price-triggered | $0.043 | 8 June 2029 | 18.0M | Filing |
| NHEAX | Options | Price-triggered | $0.060 | 29 Sept 2029 | 2.0M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 2 Oct 2026 | Dennis Donald | Other off-market | 51.1M | 9.4M | — | — | 3Y notice |
| 9 June 2026 | Amanda Burgess | Buy placement | 500k | — | — | $15k | 3Y notice |
| 9 June 2026 | Dennis Donald | Buy | 32.0M | 9.4M | — | $925k | 3Y notice |
| 9 June 2026 | Jamie Clarke | Buy placement | 14.3M | 1.1M | — | $415k | 3Y notice |
| 9 June 2026 | Owain Franks | Buy placement | 1.6M | 9.4M | — | $47k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.