Companies / NXM

NEXUS MINERALS LIMITED

ASX:NXMMaterials
603.8M shares on issueASX (delayed) · snapshot 11 Sept 2026620.5M fully diluted+2.8% if every option and right converts$0.061price · delayed$36.8Mmarket cap · indicative

Today’s holders own 97.3% of what they think they own, once every option and right converts.

Moderate
Dilution risk

Runway under 2 quarters; share count grew 24% in 24 months; 1 cash raise in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway1.6 quarters of funding
Share-count growth (24m)24.1%
Raise cadence (24m)1 cash raise
Options & rights overhang2.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

NEXUS MINERALS LIMITED's ordinary share count grew 24.1% between September 2024 and May 2025, to 604M shares. The company undertook one capital raise in the past 24 months, a A$8.1M placement in April 2025, for total disclosed proceeds of A$8.1M. Options on issue could convert into 17M new shares, representing 2.8% of the current share count, with the nearest expiry in May 2027. As of the June 2026 quarter, NEXUS MINERALS LIMITED reported A$3.5M in available cash, covering approximately 1.7 quarters of operations. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
Get told when this changes
Set up alerts
Daily email alerts cover risk-level moves, new raises, pending proposed issues and option expiries for the companies you follow.
2.8%
Options & rights overhang
0.0%
In-the-money supply
0
Raises · last 12 months
1.6 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 603.8M per ASX (delayed) (snapshot 11 Sept 2026).
500M550M600MDec 24Oct 25Sept 26Cash raise · 30 Apr 2025603.8M

Cash runway

1.6 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
Funds operations to about Nov 2026 at the reported spend rate.
$3.5M cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $5.3M cash at quarter end (item 4.6), 2.5 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
Free account
11 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
25 Nov 20253H · cancellationNXM : ORDINARY FULLY PAID603.8MAppendix 3H
7 May 20253G · unquotedNXM : ORDINARY FULLY PAID488.0MAppendix 3G
6 May 20252A · quoted issueNXM : ORDINARY FULLY PAID603.8MAppendix 2A
27 Mar 20253H · cancellationNXM: ORDINARY FULLY PAID488.0MAppendix 3H
26 Mar 20252A · quoted issueNXM : ORDINARY FULLY PAID488.0MAppendix 2A
Free account
14 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Capital raises

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

$8.1M
Placement
30 Apr 2025
Free account
1 raise on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

Free account
3 dated events on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
Free account
Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

2.8%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
16.8M
Potential new shares
May 2027
Nearest expiry
What a price move would switch on
8.4M16.8M$0.061 now0.25× today ($0.015) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.030) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.046) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.061) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.076) — 3.3M of the priced supply in the money, 0.5% of shares on issue1.5× today ($0.091) — 10.8M of the priced supply in the money, 1.8% of shares on issue2× today ($0.122) — 16.8M of the priced supply in the money, 2.8% of shares on issue3× today ($0.183) — 16.8M of the priced supply in the money, 2.8% of shares on issue5× today ($0.305) — 16.8M of the priced supply in the money, 2.8% of shares on issue10× today ($0.610) — 16.8M of the priced supply in the money, 2.8% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.061 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 3.3M (0.5% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
NXMANOptionsPrice-triggered$0.106 May 20276.0MFiling
NXMAMOptionsPrice-triggered$0.07519 Aug 20273.3MFiling
NXMACOptionsPrice-triggered$0.08626 Nov 20277.5MFiling

“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.

1 class ceased in the last 12 months and is not counted above
The company’s own Appendix 2A restates each of these at zero. They are excluded from the overhang, the in-the-money supply and every figure on this page. Each count is the filing’s own count of securities in the class, not a share count — a 2A never states what one security converts into.
  • NXMAKPrice-triggered5.0M securities → 025 Nov 2025 Appendix 2A
Free account
3 option lines on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
25 Nov 2025Andrew TudorOther————3Y notice
25 Nov 2025Bruce MaluishOther————3Y notice
25 Nov 2025Paul BoyatzisOther————3Y notice
Free account
3 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

31 Aug 2026$PNew High Grade Crusader Lode Returns 3m @18.75g/t Au
17 Aug 2026$PHi-Grade Drill Results up to 41.27g/t Au at Templar Prospect
2 Aug 2026Company Presentation - Diggers & Dealers
30 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
28 July 2026$PWallbrook Project- Branches RC Results Extend Mineralisation
14 July 2026$PFurther Hi-Grade Results at Payns Prospect up to 34.77g/t Au
7 July 2026$PNexus Move to 100% Ownership of the Pinnacles Gold Project
30 June 2026$PFurther High-Grade Gold Results at Clement Prospect
24 June 2026Change in substantial holding
3 June 2026$PHigh Grade Results at Payns Prospect up to 19.00g/t Au
25 May 2026$PHigh Grade Results at Clement Prospect up to 26.53g/t Gold
4 May 2026Investor Presentation - RIU Sydney Resources Roundup
3 May 2026$PMOU Signed With Mining Contractor to Advance Gold Deposit
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
13 Apr 2026Wallbrook RC Drilling Commences to Drive Resource Growth
19 Mar 2026Details of Company Address
10 Mar 2026Half Year Accounts
16 Feb 2026RIU Explorers Conference Presentation
29 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
22 Dec 2025Change in substantial holding

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.