LINQ MINERALS LIMITED
ASX:LNQMaterialsShare count grew 47% in 24 months; runway 4–8 quarters; 2 cash raises in 24 months
LINQ MINERALS LIMITED's ordinary share count rose 46.6% between January 2026 and April 2026 to 92M shares. The company raised capital twice in the 24-month window for total proceeds of A$25.4M, most recently A$15.4M in January 2026. Options and rights could convert into 30M new shares, equal to 14.7% of the current share count, with 0% in the money and the nearest expiry in April 2028. At the June 2026 quarter the company reported A$15.2M in cash, equating to 4.5 quarters of cover at its reported burn rate. No proposed securities issues (Appendix 3B) are 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 |
|---|---|---|---|---|
| 8 May 2026 | 3G · unquoted | LNQ : ORDINARY FULLY PAID | 92.3M | Appendix 3G |
| 8 May 2026 | 3G · unquoted | LNQ : ORDINARY FULLY PAID | 92.3M | Appendix 3G |
| 7 Apr 2026 | 2A · quoted issue | LNQ : ORDINARY FULLY PAID | 92.3M | Appendix 2A |
| 7 Apr 2026 | 3G · unquoted | ORDINARY FULLY PAID | 90.7M | Appendix 3G |
| 2 Apr 2026 | 3G · unquoted | LNQ : ORDINARY FULLY PAID | 90.7M | Appendix 3G |
Capital raises
2 cash raises in the last 24 months · 1 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.