TERRAMIN AUSTRALIA LIMITED.
ASX:TZNMaterialsToday’s holders own 98.6% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 12% in 24 months; 1 cash raise in 24 months
TERRAMIN AUSTRALIA LIMITED.'s ordinary share count grew 12.3% between December 2025 and January 2026, to 2.39B shares. In the past 24 months, the company completed one capital raise, a non-renounceable rights issue in October 2025 that brought in A$1.4M. Options and rights on issue could convert into 33M new shares, representing 1.4% of the current share count, with the nearest expiry in April 2029. As of the June 2026 quarter, the company reported A$-232K in available cash, which covered approximately -0.6 quarters of its recent operating expenses. No proposed securities issues are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 12 Apr 2026 | 3G · unquoted | TZN : ORDINARY FULLY PAID | 2.39B | Appendix 3G |
| 12 Jan 2026 | 2A · quoted issue | TZN : ORDINARY FULLY PAID | 2.39B | Appendix 2A |
| 29 Dec 2025 | 2A · quoted issue | TZN : ORDINARY FULLY PAID | 2.36B | Appendix 2A |
| 14 Dec 2025 | 3H · cancellation | TZN : ORDINARY FULLY PAID | 2.12B | Appendix 3H |
| 14 Dec 2025 | 2A · quoted issue | TZN : ORDINARY FULLY PAID | 2.13B | Appendix 2A |
Capital raises
1 cash raise in the last 24 months · 1 in the last 12 months
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.
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.
Pending proposed issues
Options & convertible securities
- Price-triggered33.0M · 1.4% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Converts on terms1 · 0.0% of sharesConvertibles with no exercise price — they convert on their own terms, so they are shares in all but name.
Exercise price on record: 33.0M priced, 1 where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
At $0.023 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 33.0M (1.4% 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.
- 1 (0.0% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| — | Options | Price-triggered | $0.060 | 7 Apr 2029 | 33.0M | Filing |
| TZNAA | Notes | Converts on terms | — | — | 1 | Filing |
“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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 21 May 2026 | Alan Broome AM | Other | — | 3.0M | — | — | 3Y notice |
| 21 May 2026 | Angelo Siciliano | Other | — | 20.0M | — | — | 3Y notice |
| 21 May 2026 | Jing Wang | Other | — | 3.0M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.