Companies / NME

NEX METALS EXPLORATION LIMITED

ASX:NMEMaterials
341.8M shares on issueASX (delayed) · as of 28 July 2026$0.011price · delayed$3.8Mmarket cap · indicative
B
Dilution grade

Runway under 2 quarters; 1 cash raise in 24 months

Cash runway0.5 quarters of funding
Share-count growth (24m)-6.0%
Raise cadence (24m)1 cash raise
Options & rights overhang1.2% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

NEX METALS EXPLORATION LIMITED's ordinary share count declined 6.0% between May 2024 and June 2026, to 342M shares. The company conducted one capital raise in that period, raising A$200K in May 2025, for total proceeds of A$200K. Options and rights on issue could convert into 4M new shares, equal to 1.2% of the current share count, with 0% in the money and the nearest expiry in September 2027. At the March 2026 quarter the company reported A$25K in cash, covering 0.5 quarters at its recent spending 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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1.2%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
0.5 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 341.8M per ASX (delayed) (28 July 2026).
286.9M307.0M327.2MDec 24Sept 25July 26Cash raise · 20 May 2025

Cash runway

0.5 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$25k 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
9 June 20263H · cancellationNME : ORDINARY FULLY PAID335.3MAppendix 3H
9 June 20262A · quoted issueNME : ORDINARY FULLY PAID341.8MAppendix 2A
14 Oct 20253G · unquotedNME : ORDINARY FULLY PAID335.3MAppendix 3G
14 Oct 20252A · quoted issueNME : ORDINARY FULLY PAID335.3MAppendix 2A
13 Oct 20252A · quoted issueNME : ORDINARY FULLY PAID335.3MAppendix 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

1 cash raise in the last 24 months · 0 in the last 12 months

$200k
Capital raise
20 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

1.2%
Total overhang · of current shares
0.0%
In the money · at current price
4.0M
Potential new shares
Sept 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

DateDirectorTypeSharesOptionsValueSource
9 June 2026Hock Hoo ChuaOther5.8M—$292k3Y 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

27 July 2026$PAdditional Disclosure re Kookynie Tailings Update
9 June 2026Cleansing Statement
9 June 2026Change of Director's Interest Notice - Chua
9 June 2026Application for quotation of securities - NME
9 June 2026Notification of cessation of securities - NME
8 June 2026$PKookynie Tailings results confirm Gold, potential Tungsten
4 June 2026$PCompletion of Arika JV divestment unlocks value for NME
28 May 2026$PAmended Egypt Gold Update - North Henai Recon
27 May 2026$PEgypt Gold Update - North Henai Recon Confirms 5km Veining
20 May 2026$PNME and WTAC form Gold Exploration JV
15 May 2026$PResults of Meeting
14 May 2026$PTrading Halt
28 Apr 2026$PNME March Qtr Activities-Cashflow
19 Apr 2026$PMetallurgical test work advances at Kookynie Tailings
9 Apr 2026Notice of Extraordinary General Meeting
9 Apr 2026$PArika Joint Venture Divestment Update
13 Mar 2026Half Yearly Report and Accounts
9 Mar 2026$PGold Projects and Exploration Update
1 Feb 2026$PNME divests Arika Joint Venture interest
30 Jan 2026$PNME December Qtr Activities-Cashflow

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