Companies / PMM

PIONEER MINERALS LIMITED

ASX:PMMMaterials
70.4M shares on issueASX (delayed) · as of 28 July 2026$0.13price · delayed$8.8Mmarket cap · indicative
C
Dilution grade

Runway under 2 quarters; options/rights overhang 47% of shares; share count grew 9% in 24 months

Cash runway-0.6 quarters of funding
Share-count growth (24m)9.1%
Raise cadence (24m)1 cash raise
Options & rights overhang47.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

PIONEER MINERALS LIMITED's ordinary share count rose 9.1% between December 2025 and May 2026, to 70M shares. The company raised capital once in that period, totaling A$1.0M, with the most recent raise dated January 2026. Options and rights on issue could convert into 33M new shares, equal to 47.0% of the current share count, with the nearest expiry in September 2026 and 0% of current shares currently in the money. At the March 2026 quarter the company reported A$-373K in available cash, equivalent to -0.6 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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47.0%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
-0.6 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 70.4M per ASX (delayed) (28 July 2026).
65.1M67.0M69.0MDec 25Mar 26July 26Cash raise · 9 Jan 2026

Cash runway

-0.6 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-373k 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 May 20263G · unquotedPMM : ORDINARY FULLY PAID69.8MAppendix 3G
14 May 20262A · quoted issuePMM : ORDINARY FULLY PAID69.8MAppendix 2A
14 May 20263G · unquotedPMM : ORDINARY FULLY PAID69.8MAppendix 3G
14 May 20262A · quoted issuePMM : ORDINARY FULLY PAID70.3MAppendix 2A
14 May 20263G · unquotedPMM : ORDINARY FULLY PAID69.8MAppendix 3G
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 · 1 in the last 12 months

$1.0M
Capital raise
9 Jan 2026
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

47.0%
Total overhang · of current shares
0.0%
In the money · at current price
33.0M
Potential new shares
Sept 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
13 May 2026Agha Shahzad PervezOther556k185k—3Y notice
9 Dec 2025Agha Shahzad PervezOther714k238k—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

26 July 2026$PTrading Halt
22 July 2026Chief Financial Officer and Company Secretary Appointment
6 July 2026$PCompletes Airborne VTEM Survey at Springfield Project
30 June 2026$PCompletes Heritage Survey and Commences Airborne VTEM Survey
21 June 2026$PSecures Permission to Drill Springfield Tungsten Project
2 June 2026$PCompletes Springfield Access Road Reopening
24 May 2026$PSpringfield Mine Access Works to Accelerate North Pine
17 May 2026$PDrilling Contractor for Maiden Drill Program at Springfield
14 May 2026Change of Director's Interest Notice - Pervez
14 May 2026Cleansing Notice
14 May 2026Notification regarding unquoted securities - PMM
14 May 2026Notification regarding unquoted securities - PMM
14 May 2026Notification regarding unquoted securities - PMM
14 May 2026Application for quotation of securities - PMM
14 May 2026Application for quotation of securities - PMM
11 May 2026$PNew Cross Cutting Structures Identified at Springfield
4 May 2026$PEngages Mineral Technologies to Advance Springfield Project
30 Apr 2026Results of Meeting
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
19 Apr 2026$PSecures Approval to Reopen Springfield Mine Access Road

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