Companies / BM1

BALLARD MINING LIMITED

ASX:BM1Materials
454.6M shares on issueASX (delayed) · as of 28 July 2026$0.65price · delayed$275.0Mmarket cap · indicative
C
Dilution gradeprovisional — limited history

Share count grew 62% in 24 months; runway 4–8 quarters; 2 cash raises in 24 months

Cash runway4.1 quarters of funding
Share-count growth (24m)62.0%
Raise cadence (24m)2 cash raises
Options & rights overhang4.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

BALLARD MINING LIMITED listed in July 2025 and therefore has a short disclosure history. Its ordinary share count grew 62.0% between October 2025 and February 2026, to 298M shares. The company raised capital twice in the 24‑month window for total proceeds of A$81.8M, most recently A$61.0M in January 2026. Options and rights on issue could convert into 22M new shares, equal to 4.8% of the current share count, none of which are in the money at present; the nearest expiry is July 2028. At the June 2026 quarter the company reported A$57.4M in cash, representing 4.1 quarters of cover. 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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4.8%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
4.1 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 454.6M per ASX (delayed) (28 July 2026).
364.1M397.3M430.5MJuly 25Jan 26July 26Cash raise · 20 Jan 2026Cash raise · 24 Oct 2025

Cash runway

4.1 qtrs
More than four quarters of funding at the recent spend rate.
$57.4M 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
7 July 20263H · cancellationBM1 : ORDINARY FULLY PAID298.3MAppendix 3H
3 July 20263H · cancellationBM1 : ORDINARY FULLY PAID298.3MAppendix 3H
29 Apr 20263H · cancellationBM1 : ORDINARY FULLY PAID298.3MAppendix 3H
16 Apr 20263H · cancellationBM1 : ORDINARY FULLY PAID298.3MAppendix 3H
17 Mar 20263H · cancellationBM1 : ORDINARY FULLY PAID298.3MAppendix 3H
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

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

$61.0M
Capital raise
20 Jan 2026
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

4.8%
Total overhang · of current shares
0.0%
In the money · at current price
21.9M
Potential new shares
July 2028
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
28 Nov 2025Simon Richard LillBuy364k2.0M$200k3Y notice
17 July 2025Simon Richard LillBuy150k——3Y notice
17 July 2025Simon Richard LillBuy50k——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

26 July 2026$PBallards best ever drill intercept - 9m @ 27g/t
21 July 2026Company Presentation - Noosa Mining Conference
20 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
7 July 2026Notification of cessation of securities - BM1
3 July 2026Notification of cessation of securities - BM1
21 June 2026$PHigh-grade results at Baldock outside current Resource
14 June 2026$PMore exceptional results from regional prospects
20 May 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
18 May 2026Company Presentation - Canaccord Global Metals & Mining
3 May 2026Company Presentation - Sydney RIU Conference
30 Apr 2026Change in substantial holding from DLI
30 Apr 2026Change in substantial holding
29 Apr 2026Notification of cessation of securities - BM1
27 Apr 2026$PRegional Prospects showing potential for scale
22 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
16 Apr 2026Notification of cessation of securities - BM1
9 Apr 2026Release of Shares from Escrow
6 Apr 2026Mt Ida Project Development and Early Works Update
31 Mar 2026$PMore Shallow High Grade Regional Results
18 Mar 2026Corporate Presentation - Euroz Hartleys Rottnest

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