Companies / M3M

M3 MINING LIMITED

ASX:M3MMaterials
208.8M shares on issueASX (delayed) · as of 28 July 2026$0.024price · delayed$5.0Mmarket cap · indicative
B
Dilution grade

Share count grew 149% in 24 months; 1 cash raise in 24 months

Cash runway8.6 quarters of funding
Share-count growth (24m)149.2%
Raise cadence (24m)1 cash raise
Options & rights overhang3.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

M3 MINING LIMITED's ordinary share count grew 149.2% between July 2024 and November 2025, to 209M shares. The company raised capital once in that 24-month window for total proceeds of A$2.2M, with the latest raise in September 2025 reporting A$2.2M. Options and rights on issue could convert into 6M new shares, equal to 3.0% of the current share count, and none are in the money. At the June 2026 quarter the company reported A$1.5M in available cash, covering 8.6 quarters at its recent spending rate. No proposed securities issues (Appendix 3B) are currently pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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3.0%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
8.6 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 208.8M per ASX (delayed) (28 July 2026).
208.0M208.8M209.6MNov 25Mar 26July 26

Cash runway

8.6 qtrs
More than four quarters of funding at the recent spend rate.
$1.5M 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
23 Jan 20263H · cancellationM3M : ORDINARY FULLY PAID208.8MAppendix 3H
23 Jan 20263G · unquotedM3M : ORDINARY FULLY PAID208.8MAppendix 3G
26 Nov 20253G · unquotedM3M : ORDINARY FULLY PAID208.8MAppendix 3G
13 Nov 20252A · quoted issueM3M : ORDINARY FULLY PAID208.8MAppendix 2A
12 Sept 20252A · quoted issueM3M : ORDINARY FULLY PAID96.3MAppendix 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

1 cash raise in the last 24 months · 1 in the last 12 months

$2.3M
Capital raise
3 Sept 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

3.0%
Total overhang · of current shares
0.0%
In the money · at current price
6.3M
Potential new shares
—
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
19 Dec 2025Ariel Edward KingOther2.4M2.0M—3Y notice
25 Nov 2025Tyler FormicaOther1.3M3.0M—3Y notice
25 Nov 2025Alan ArmstrongOther—3.0M—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

23 July 2026$PExploration Update at Edjudina Gold Project
15 July 2026$PQuarterly Activities Report and Appendix 5B
21 May 2026Regional Soil Program Completed at Edjudina Gold Project
14 May 2026Change of Share Registry
30 Apr 2026$PQuarterly Activities Report and Appendix 5B
26 Feb 2026Half Year Accounts
29 Jan 2026$PQuarterly Activities Report and Appendix 5B
23 Jan 2026Change of Director's Interest Notice
23 Jan 2026Notification of cessation of securities - M3M
23 Jan 2026Notification regarding unquoted securities - M3M
11 Jan 2026$PEdjudina Gold Project Exploration Update
2 Dec 2025Change of Director's Interest Notice x 3
26 Nov 2025Notification regarding unquoted securities - M3M
24 Nov 2025Results of Meeting
14 Nov 2025Ceasing to be a substantial holder
13 Nov 2025Notice Under Section 708A
13 Nov 2025Application for quotation of securities - M3M
31 Oct 2025$PQuarterly Activities Report and Appendix 5B
29 Oct 2025Ceasing to be a substantial holder
27 Oct 2025Results of Meeting

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