Companies / NMG

NEW MURCHISON GOLD LIMITED

ASX:NMGMaterials
10.86B shares on issueASX (delayed) · as of 28 July 2026$0.048price · delayed$488.9Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 47% in 24 months; 2 cash raises in 24 months

Cash runway1.2 quarters of funding
Share-count growth (24m)47.4%
Raise cadence (24m)2 cash raises
Options & rights overhang4.8% of shares
In-the-money supply1.7% of shares
Pending proposed issuesnone

NEW MURCHISON GOLD LIMITED's ordinary share count grew 47.4% between November 2024 and February 2026, to 10.86B shares. The company raised capital twice in that 24-month window for total disclosed proceeds of A$31.5M, most recently raising A$15.0M in June 2025. Options and rights on issue could convert into 523M new shares, equal to 4.8% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is October 2026. At the June 2026 quarter the company reported A$216.4M in available cash, about 1.2 quarters of funding 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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4.8%
Max option dilution
1.7%
ITM option dilution
0
Raises · last 12 months
1.2 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 10.86B per ASX (delayed) (28 July 2026).
8.12B9.13B10.13BDec 24Sept 25July 26Cash raise · 19 June 2025Cash raise · 17 Mar 2025

Cash runway

—
Cover not computed for the latest quarter.
$216.4M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
26 June 20263H · cancellationNMG : ORDINARY FULLY PAID10.86BAppendix 3H
7 Apr 20263H · cancellationNMG : ORDINARY FULLY PAID10.86BAppendix 3H
31 Mar 20263G · unquotedNMG : ORDINARY FULLY PAID10.86BAppendix 3G
4 Feb 20262A · quoted issueNMG : ORDINARY FULLY PAID10.86BAppendix 2A
21 Jan 20262A · quoted issueNMG : ORDINARY FULLY PAID10.84BAppendix 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

$15.0M
Capital raise
19 June 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

4.8%
Total overhang · of current shares
1.7%
In the money · at current price
523.4M
Potential new shares
Oct 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
30 Jan 2026RICK W CRABBBuy17.0M—$304k3Y notice
29 Jan 2026MALCOLM R J RANDALLSell5.0M5.0M$185k3Y notice
22 Aug 2025JOANNE PALMERBuy550k20.0M—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

22 July 2026JMM Noosa Investor Presentation
20 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
15 July 2026(Amended) High-Grade Gold Intercepts at Cloudkicker Deposit
13 July 2026$PHigh-grade Gold Intersects at Cloudkicker Deposit
26 June 2026Notification of cessation of securities - NMG
24 June 2026$PUpdated Mineral Resource Estimate for Garden Gully
19 June 2026Change of Company Address
16 June 2026Change in substantial holding
4 June 2026Half Year Accounts
12 May 2026Becoming a substantial holder
27 Apr 2026$PMarch 2026 Quarterly Activities Report and Appendix 5B
22 Apr 2026$PDrilling Below Crown Prince Delivers High-Grade Intercepts
13 Apr 2026$PHigh-Grade Gold Intercepts at Crown Prince East
7 Apr 2026Notification of cessation of securities - NMG
31 Mar 2026Notification regarding unquoted securities - NMG
30 Mar 2026Board Appointment and 3X
27 Feb 2026Results of Annual General Meeting
27 Feb 2026Chairman's Address to Annual General Meeting
17 Feb 2026CEO Presentation to RIU Conference
12 Feb 2026Becoming a substantial holder

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