Companies / LGM

LEGACY MINERALS HOLDINGS LIMITED

ASX:LGMMaterials
200.1M shares on issueASX (delayed) · as of 28 July 2026$0.10price · delayed$24.0Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 76% in 24 months; 4 cash raises in 24 months

Cash runway1.7 quarters of funding
Share-count growth (24m)75.7%
Raise cadence (24m)4 cash raises
Options & rights overhang16.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

LEGACY MINERALS HOLDINGS LIMITED's ordinary share count grew 75.7% between February 2024 and January 2026, to 185M shares. The company raised capital four times in that 24-month window, with disclosed confirmed proceeds totalling A$7.8M and the most recent raise of A$7.8M in May 2025. Options and rights could convert into 33M new shares, equal to 16.6% of the current share count, with 0% in the money and the nearest expiry in August 2027. At the March 2026 quarter the company reported A$4.9M in available cash, representing 1.7 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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16.6%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
1.7 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 200.1M per ASX (delayed) (28 July 2026).
125.3M152.8M180.2MDec 24Sept 25July 26Cash raise · 13 May 2025Cash raise · 24 Apr 2025Cash raise · 19 Mar 2025Cash raise · 19 Mar 2025

Cash runway

1.7 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$4.9M 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.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
22 June 20263H · cancellationLGM : ORDINARY FULLY PAID200.1MAppendix 3H
29 Jan 20262A · quoted issueLGM : ORDINARY FULLY PAID185.3MAppendix 2A
27 Jan 20262A · quoted issueLGM : ORDINARY FULLY PAID183.3MAppendix 2A
20 Jan 20262A · quoted issueLGM : ORDINARY FULLY PAID179.9MAppendix 2A
19 Jan 20262A · quoted issueLGM : ORDINARY FULLY PAID175.2MAppendix 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

4 cash raises in the last 24 months · 0 in the last 12 months

$7.8M
Capital raise
13 May 2025
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

16.6%
Total overhang · of current shares
0.0%
In the money · at current price
33.3M
Potential new shares
Aug 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
22 June 2026Douglas Charles MenziesSell707k500k—3Y notice
22 June 2026Christopher Gerard ByrneSell11.7M1.0M—3Y notice
22 June 2026David John CarlandSell3.2M500k—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 2026Drilling and Resource Update - Mt Carrington
7 July 2026R&D Tax Refund Received - funds to Support Mt Carrington
7 July 2026Change of Directors' Interest Notices (All)
30 June 2026$PNew Mineral Resource Estimate Underway - Mt Carrington
24 June 2026Geophysical Surveys Commenced at Mt Carrington
22 June 2026Notification of cessation of securities - LGM
15 June 2026$PNew Gold Discovery Confirmed with Further Drilling Assays
10 June 2026$PDrilling Commences at the Emu Copper-Gold Target
5 June 2026$PHarden and Thomson Project Updates
1 June 2026$PAurelia Metals to Farm in to Legacy Minerals Cobar Project
26 May 2026Change of Principal Place of Business
21 May 2026Discovery & Development - LGM Webinar
19 May 2026CSIRO Commences On-Site Work at Mt Carrington
17 May 2026Webinar Thu 21 May - Scoping Study and Exploration Update
17 May 2026$PSilver-Gold AI Targeting Advances Discovery Potential
12 May 2026$PNew Silver-Gold & Copper Drill Program to Commence
12 May 2026$PAmendments Mt Carrington Scoping Study Announcement
7 May 2026Presentation RIU Sydney
3 May 2026$PMt Carrington Scoping Study
30 Apr 2026$PQuarterly Activities and Cash Flow Reports 31 March 2026

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