Companies / NFM

NEW FRONTIER MINERALS LIMITED

ASX:NFMMaterials
1.74B shares on issueASX (delayed) · as of 28 July 2026$0.006price · delayed$10.4Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 19% in 24 months; 2 cash raises in 24 months

Cash runway1.0 quarters of funding
Share-count growth (24m)19.2%
Raise cadence (24m)2 cash raises
Options & rights overhang11.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

NEW FRONTIER MINERALS LIMITED's ordinary share count grew 19.2% between February 2025 and May 2026, to 1.74B shares. The company raised capital twice in the 24-month window for total proceeds of A$3.8M, most recently A$2.2M in November 2025. Options and rights on issue could convert into 198M new shares, equal to 11.4% of the current share count, with 0% in the money at the current share price and the nearest expiry in January 2028. At the March 2026 quarter the company reported A$747K in available cash, covering about 1.0 quarters of funding at recent spending rates. One proposed securities issue (Appendix 3B) is pending with a nearest proposed date of February 2027.

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.
11.4%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
1.0 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 1.74B per ASX (delayed) (28 July 2026).
1.51B1.60B1.68BDec 24Sept 25July 26Cash raise · 20 Nov 2025Cash raise · 30 May 2025

Cash runway

1.0 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$747k 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
1 May 20262A · quoted issueNFM : ORDINARY FULLY PAID1.74BAppendix 2A
17 Apr 20262A · quoted issueNFM : ORDINARY FULLY PAID1.73BAppendix 2A
16 Feb 20262A · quoted issueNFM : ORDINARY FULLY PAID1.73BAppendix 2A
10 Feb 20262A · quoted issueNFM : ORDINARY FULLY PAID1.72BAppendix 2A
6 Feb 20263G · unquotedNFM : ORDINARY FULLY PAID1.72BAppendix 3G
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

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

$2.3M
Capital raise
20 Nov 2025
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

11.4%
Total overhang · of current shares
0.0%
In the money · at current price
198.3M
Potential new shares
Jan 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.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
17 June 2026Mr Joel LoganBuy8.0M—$25k3Y notice
1 May 2026Mr Joel LoganOther4.0M——3Y notice
13 Feb 2026Mr Eduardo RobainaOther4.0M——3Y 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

12 July 2026$PHigh-Grade Copper Assays up to 6.88% at Mt Storm Prospect
28 June 2026$PHarts Range Exploration Accelerates Post District Validation
18 June 2026Change of Director's Interest Notice - Logan
8 June 2026$PMetallurgical Testwork to Commence at the Pomme REE Project
17 May 2026$PJoint site visit with Austral Resources - NWQ Copper Project
10 May 2026Investor Presentation - Engage Investor Platform
1 May 2026Cleansing Notice
1 May 2026Change of Director's Interest Notice - Logan
1 May 2026Application for quotation of securities - NFM
29 Apr 2026$PNWQ Big One Copper Site Assessment and Tenement Expansion
28 Apr 2026$PQuarterly Activities Report - March 2026
28 Apr 2026$PQuarterly Cashflow Report - March 2026
17 Apr 2026Cleansing Notice
17 Apr 2026Application for quotation of securities - NFM
14 Apr 2026Proposed issue of securities - NFM
16 Mar 2026$PNWQ Copper Mining Lease Advances & Operations Update
12 Mar 2026Half Year Accounts - December 2025
5 Mar 2026$PDrilling Confirms High-Grade Tungsten at Harts Range, NT
25 Feb 2026OTC Markets Presentation
22 Feb 2026$PTargets Demonstrates Significant Copper Potential, NWQ

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