Companies / SVL

SILVER MINES LIMITED

ASX:SVLMaterials
2.22B shares on issueASX (delayed) · as of 28 July 2026$0.14price · delayed$288.5Mmarket cap · indicative
C
Dilution grade

Share count grew 47% in 24 months; runway 2–4 quarters; 2 cash raises in 24 months

Cash runway3.2 quarters of funding
Share-count growth (24m)47.2%
Raise cadence (24m)2 cash raises
Options & rights overhang1.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

SILVER MINES LIMITED's ordinary share count grew 47.2% between March 2024 and June 2026 to 2.22B shares. The company completed two capital raises in the 24-month window for total proceeds of A$60.6M, most recently a Placement and Security Purchase Plan (SPP) in July 2025 that raised A$34.1M. Options and rights could convert into 29M new shares, equal to 1.3% of the current share count, with 0% in the money and the nearest expiry in December 2027. At the March 2026 quarter the company reported A$24.5M in cash, covering 3.2 quarters at the reported burn 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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1.3%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
3.2 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 2.22B per ASX (delayed) (28 July 2026).
1.66B1.86B2.07BDec 24Sept 25July 26Cash raise · 31 July 2025Cash raise · 5 Dec 2024

Cash runway

3.2 qtrs
Two to four quarters of funding at the recent spend rate.
$24.5M 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
24 June 20263H · cancellationSVL : ORDINARY FULLY PAID2.22BAppendix 3H
23 June 20262A · quoted issueSVL : ORDINARY FULLY PAID2.22BAppendix 2A
22 June 20262A · quoted issueSVL : ORDINARY FULLY PAID2.21BAppendix 2A
15 June 20262A · quoted issueSVL : ORDINARY FULLY PAID2.20BAppendix 2A
4 June 20262A · quoted issueSVL : ORDINARY FULLY PAID2.16BAppendix 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 · 1 in the last 12 months

$34.1M
Placement and Security Purchase Plan (SPP)
31 July 2025 COMPLETE
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

1.3%
Total overhang · of current shares
0.0%
In the money · at current price
29.2M
Potential new shares
Dec 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
3 Sept 2025Keith PerrettBuy250k——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 2026Investor Presentation
21 July 2026$PBowdens DFS Confirms Robust Economics as Reserves Increase
2 July 2026$PBowdens Silver Project Update
24 June 2026Notification of cessation of securities - SVL
24 June 2026Release of Shares from Voluntary Escrow
23 June 2026Cleansing Notice
23 June 2026Completion of Exercise of Options
23 June 2026Application for quotation of securities - SVL
22 June 2026Cleansing Notice
22 June 2026Application for quotation of securities - SVL
19 June 2026Proposed issue of securities - SVL
18 June 2026Becoming a substantial holder
15 June 2026Cleansing Notice
15 June 2026Application for quotation of securities - SVL
4 June 2026Cleansing Notice
4 June 2026Application for quotation of securities - SVL
4 June 2026$POption Underwriting Agreement Executed
28 May 2026Cleansing Notice
28 May 2026Application for quotation of securities - SVL
25 May 2026$PStrategic Land Acquisition for Bowdens Silver Project

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