APOLLO MINERALS LIMITED
ASX:AONMaterialsShare count grew 81% in 24 months; 5 cash raises in 24 months; options/rights overhang 6% of shares
APOLLO MINERALS LIMITED's ordinary share count grew 80.9% between January 2024 and July 2026, to 1.26B shares. The company raised capital five times in that period for total disclosed proceeds of A$21.9M, most recently a A$2.8M placement in February 2026. Options and rights on issue could convert into 72M new shares, equal to 5.7% of the current share count, none of which are in the money at the current share price; the nearest expiry is June 2027. At the March 2026 quarter the company reported A$7.9M in available cash, about 10.1 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are currently 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 | Total on issue after | Source |
|---|---|---|---|---|
| 3 July 2026 | 2A · quoted issue | AON : ORDINARY FULLY PAID | 1.26B | Appendix 2A |
| 19 June 2026 | 3H · cancellation | AON : ORDINARY FULLY PAID | 1.25B | Appendix 3H |
| 19 June 2026 | 3G · unquoted | ORDINARY FULLY PAID | 1.25B | Appendix 3G |
| 25 Mar 2026 | 2A · quoted issue | AON : ORDINARY FULLY PAID | 1.18B | Appendix 2A |
| 25 Mar 2026 | 2A · quoted issue | AON : ORDINARY FULLY PAID | 1.22B | Appendix 2A |
Capital raises
5 cash raises in the last 24 months · 4 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.