Companies / AZY

ANTIPA MINERALS LIMITED

ASX:AZYMaterials
663.8M shares on issueASX (delayed) · as of 28 July 2026$0.57price · delayed$378.4Mmarket cap · indicative
D
Dilution grade

Share count grew 41% in 24 months; 3 cash raises in 24 months; options/rights overhang 17% of shares

Cash runway11.8 quarters of funding
Share-count growth (24m)40.9%
Raise cadence (24m)3 cash raises
Options & rights overhang16.6% of sharesconsolidation-adjusted
In-the-money supply15.6% of sharesconsolidation-adjusted
Pending proposed issuesopen proposed issue (Appendix 3B)

ANTIPA MINERALS LIMITED's ordinary share count grew 40.9% between June 2024 and July 2026 to 664M shares; this figure is adjusted for a share consolidation of approximately 1-for-10 that took effect in March 2025. The company raised capital three times in that 24-month window for total proceeds of A$56.1M, most recently a A$125K placement in October 2025. Options and rights could convert into 111M new shares, equal to 16.6% of the current share count, with 16% in the money and the nearest expiry in August 2026; these option figures are consolidation-adjusted. At the March 2026 quarter the company reported A$42.9M in cash, covering 11.8 quarters at its reported burn rate. One proposed securities issue (Appendix 3B) is pending with an expected issue date in August 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
16.6%
Max option dilution
15.6%
ITM option dilution
1
Raises · last 12 months
11.8 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. Adjusted for the 1-for-10 consolidation (5 Mar 2025). Latest count 663.8M per ASX (delayed) (28 July 2026).
578.9M610.1M641.2MMar 25Nov 25July 26Cash raise · 1 Oct 2025Cash raise · 2 July 2025

Cash runway

11.8 qtrs
More than four quarters of funding at the recent spend rate.
$42.9M 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.
Join the waitlist

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
22 July 20262A · quoted issueAZY : ORDINARY FULLY PAID663.8MAppendix 2A
7 July 20263G · unquotedAZY : ORDINARY FULLY PAID663.0MAppendix 3G
7 July 20262A · quoted issueAZY : ORDINARY FULLY PAID663.6MAppendix 2A
19 June 20263H · cancellationAZY : ORDINARY FULLY PAID663.0MAppendix 3H
25 May 20262A · quoted issueAZY : ORDINARY FULLY PAID663.0MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

3 cash raises in the last 24 months · 1 in the last 12 months

$125k
Placement
1 Oct 2025 COMPLETE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
Join the waitlist

Options & convertible securities

consolidation-adjusted Figures rebased for the share consolidation in the last 24 months.

16.6%
Total overhang · of current shares
15.6%
In the money · at current price
110.5M
Potential new shares
Aug 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.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
7 July 2026Mark Trevor RoddaOther——$15k3Y notice
7 July 2026Roger Craig MasonOther——$15k3Y notice
7 July 2026Stephen Michael PowerOther——$15k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

22 July 2026Section 708A Notice
22 July 2026Application for quotation of securities - AZY
21 July 2026Noosa Mining Conference Presentation
12 July 2026$PPhase 1 Drill Results Extend Gold Mineralisation at Fiama
7 July 2026Section 708A Notice
7 July 2026Change of Director's Interest Notice (x3)
7 July 2026Application for quotation of securities - AZY
7 July 2026Notification regarding unquoted securities - AZY
7 July 2026Issue of Incentive Options
7 July 2026$PPFS Test-work Confirms Gold-Copper Processing (Amended)
5 July 2026$PPFS Test-work Confirms Conventional Gold-Copper Processing
26 June 2026Change in substantial holding
19 June 2026Notification of cessation of securities - AZY
3 June 2026Change in substantial holding
25 May 2026Application for quotation of securities - AZY
18 May 2026Canaccord Global Metals and Mining Conference Presentation
15 May 2026Notification of cessation of securities - AZY
10 May 2026121 Mining Investment London Conference Presentation
1 May 2026Notification of cessation of securities - AZY
27 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report

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