Companies / NMR

NATIVE MINERAL RESOURCES HOLDINGS LIMITED

ASX:NMRMaterials
1.13B shares on issueASX (delayed) · as of 28 July 2026$0.051price · delayed$60.0Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 331% in 24 months; 9 cash raises in 24 months

Cash runway-1.3 quarters of funding
Share-count growth (24m)331.4%
Raise cadence (24m)9 cash raises
Options & rights overhang4.4% of shares
In-the-money supply1.5% of shares
Pending proposed issuesnone

NATIVE MINERAL RESOURCES HOLDINGS LIMITED's ordinary share count grew 331.4% between July 2024 and July 2026, to 1.13B shares. The company raised capital nine times in the 24-month window for total disclosed proceeds of A$57.4M, most recently a A$3.5M convertible note in July 2026. Options and rights on issue could convert into 49M new shares, equal to 4.4% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is December 2026. At the March 2026 quarter the company reported A$-6.8M in cash, equal to -1.3 quarters of cover. 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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4.4%
Max option dilution
1.5%
ITM option dilution
3
Raises · last 12 months
-1.3 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 1.13B per ASX (delayed) (28 July 2026).
620.8M808.3M995.9MDec 24Sept 25July 26Cash raise · 2 July 2026Cash raise · 6 May 2026Cash raise · 24 Dec 2025Cash raise · 9 July 2025Cash raise · 4 July 2025Cash raise · 29 May 2025Cash raise · 28 May 2025Cash raise · 23 Apr 2025

Cash runway

-1.3 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-6.8M 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
14 July 20262A · quoted issueNMR : ORDINARY FULLY PAID1.13BAppendix 2A
2 July 20263G · unquotedNMR : ORDINARY FULLY PAID1.10BAppendix 3G
6 May 20263G · unquotedNMR : ORDINARY FULLY PAID1.10BAppendix 3G
8 Mar 20262A · quoted issueNMR : ORDINARY FULLY PAID1.10BAppendix 2A
11 Feb 20262A · quoted issueNMR : ORDINARY FULLY PAID1.10BAppendix 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

9 cash raises in the last 24 months · 3 in the last 12 months

$3.5M
Convertible Note
2 July 2026 ACTIVE
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

4.4%
Total overhang · of current shares
1.5%
In the money · at current price
49.2M
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

DateDirectorTypeSharesOptionsValueSource
14 July 2026Blake CannavoSell33.0M33.0M3Y notice
12 Feb 2026Blake CannavoOther14.0M3Y notice
6 Feb 2026Blake CannavoOther43.0M50.0M3Y 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

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