Companies / AKN

AUKING MINING LIMITED

ASX:AKNMaterials
2.33B shares on issueASX (delayed) · as of 28 July 2026$0.025price · delayed$58.3Mmarket cap · indicative
D
Dilution grade

Share count grew 632% in 24 months; 7 cash raises in 24 months; options/rights overhang 110% of shares

Cash runway4.5 quarters of funding
Share-count growth (24m)631.6%
Raise cadence (24m)7 cash raises
Options & rights overhang109.5% of shares
In-the-money supply63.7% of shares
Pending proposed issuesnone

AUKING MINING LIMITED's ordinary share count grew 631.6% between July 2024 and July 2026, to 2.33B shares. The company raised capital seven times in that period for total disclosed proceeds of A$13.5M, most recently a A$5.0M placement in July 2026. Options and rights on issue could convert into 2.56B new shares, equal to 109.5% of the current share count, of which 64% are in the money at the current share price; the nearest expiry falls in December 2026. At the June 2026 quarter the company reported A$10.7M in available cash, about 4.5 quarters of funding at its recent spending 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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109.5%
Max option dilution
63.7%
ITM option dilution
4
Raises · last 12 months
4.5 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 2.33B per ASX (delayed) (28 July 2026).
0.80B1.36B1.93BDec 24Sept 25July 26Cash raise · 9 July 2026Cash raise · 17 Apr 2026Cash raise · 14 Jan 2026Cash raise · 24 Nov 2025Cash raise · 27 June 2025Cash raise · 4 Feb 2025

Cash runway

4.5 qtrs
More than four quarters of funding at the recent spend rate.
$10.7M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
22 July 20262A · quoted issueAKN : ORDINARY FULLY PAID2.33BAppendix 2A
22 July 20262A · quoted issueAKN : ORDINARY FULLY PAID2.13BAppendix 2A
17 June 20262A · quoted issueAKN : ORDINARY FULLY PAID2.12BAppendix 2A
17 June 20262A · quoted issueAKN : ORDINARY FULLY PAID2.13BAppendix 2A
9 June 20263G · unquotedORDINARY FULLY PAID2.03BAppendix 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

7 cash raises in the last 24 months · 4 in the last 12 months

$5.0M
Placement
9 July 2026 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

109.5%
Total overhang · of current shares
63.7%
In the money · at current price
2.56B
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
13 May 2026Lincoln HoOther12.5M——3Y notice
13 May 2026Paul WilliamsOther12.5M——3Y notice
13 May 2026Peter TigheOther12.5M——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 2026Securities Issue Section 708A Notice
22 July 2026Application for quotation of securities - AKN
22 July 2026Application for quotation of securities - AKN
20 July 2026$PQuarterly Cashflow Report
20 July 2026$PQuarterly Activities Report
14 July 2026$PStepOut Drilling Expands Carbonatite Footprint at Tundulu
14 July 2026Proposed issue of securities - AKN
13 July 2026Proposed issue of securities - AKN
13 July 2026$PA$5 Million Raising from Strategic Investors & Global Funds
9 July 2026$PTrading Halt
9 July 2026Export Approval Secured for Initial Series of Drill Samples
8 July 2026Investor Webinar
7 July 2026GC Conference Presentation Clarification and Retraction
1 July 2026$PTundulu Drilling Unlocks Compelling Carbonatite Extensions
17 June 2026Securities Issue Section 708A Notice
17 June 2026Application for quotation of securities - AKN
17 June 2026Application for quotation of securities - AKN
16 June 2026Proposed issue of securities - AKN
10 June 2026Gold Coast Investor Showcase Presentation
9 June 2026Cancel - Application for quotation of securities - AKN

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