Companies / ARD

ARGENT MINERALS LIMITED

ASX:ARDMaterials
1.70B shares on issueASX (delayed) · as of 28 July 2026$0.022price · delayed$35.8Mmarket cap · indicative
D
Dilution grade

Runway 2–4 quarters; share count grew 19% in 24 months; 3 cash raises in 24 months

Cash runway3.2 quarters of funding
Share-count growth (24m)18.8%
Raise cadence (24m)3 cash raises
Options & rights overhang27.8% of shares
In-the-money supply4.7% of shares
Pending proposed issuesnone

ARGENT MINERALS LIMITED's ordinary share count grew 18.8% between June 2024 and July 2026, to 1.70B shares. The company raised capital three times in that period for total disclosed proceeds of A$10.0M, most recently a A$4.8M placement in September 2025. Options and rights on issue could convert into 474M new shares, equal to 27.8% of the current share count, of which 5% are in the money; the nearest expiry is April 2027. At the June 2026 quarter the company reported A$2.7M in available cash, equal to about 3.2 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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27.8%
Max option dilution
4.7%
ITM option dilution
2
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 1.70B per ASX (delayed) (28 July 2026).
1.50B1.57B1.65BDec 24Sept 25July 26Cash raise · 2 Sept 2025Cash raise · 2 Sept 2025

Cash runway

3.2 qtrs
Two to four quarters of funding at the recent spend rate.
$2.7M 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
27 July 20263H · cancellationARD : ORDINARY FULLY PAID1.70BAppendix 3H
23 July 20262A · quoted issueARD : ORDINARY FULLY PAID1.70BAppendix 2A
15 May 20262A · quoted issueARD : ORDINARY FULLY PAID1.70BAppendix 2A
19 Feb 20262A · quoted issueARD : ORDINARY FULLY PAID1.70BAppendix 2A
28 Jan 20262A · quoted issueARD : ORDINARY FULLY PAID1.69BAppendix 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

3 cash raises in the last 24 months · 2 in the last 12 months

$4.8M
Placement
2 Sept 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

27.8%
Total overhang · of current shares
4.7%
In the money · at current price
473.7M
Potential new shares
Apr 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
9 July 2026Peter MichaelOther267k27k$8k3Y notice
19 May 2026Peter MichaelOther267k27k$7k3Y notice
19 Feb 2026Phillip HallBuy1.0M7.9M—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

27 July 2026Notification of cessation of securities - ARD
23 July 2026Cleansing Notice
23 July 2026Application for quotation of securities - ARD
21 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
19 July 2026$PInvestor Presentation
14 July 2026Change of Director's Interest Notice
12 July 2026Unmarketable Parcel Facility Commencement
30 June 2026New Chief Executive Officer commences
16 June 2026$PNew Chief Executive Officer
16 June 2026Final Director's Interest Notice
19 May 2026Change of Director's Interest Notice
15 May 2026Cleansing Notice
15 May 2026Application for quotation of securities - ARD
12 May 2026$PFurther Silver Discovered Outside Kempfield MRE
4 May 2026$PFurther Silver Mineralisation Intersected at Kempfield
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
15 Apr 2026$PKempfield returns new high-grade silver-gold mineralisation
7 Apr 2026$PManaging Director Transition
10 Mar 2026Half Year Accounts
26 Feb 2026Change of Director's Interest Notice x4

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