Companies / PIM

PINNACLE MINERALS LIMITED

ASX:PIMMaterials
115.5M shares on issueASX (delayed) · as of 28 July 2026$0.048price · delayed$5.5Mmarket cap · indicative
C
Dilution grade

Share count grew 154% in 24 months; options/rights overhang 60% of shares; 2 cash raises in 24 months

Cash runway9.2 quarters of funding
Share-count growth (24m)154.0%
Raise cadence (24m)2 cash raises
Options & rights overhang59.5% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

PINNACLE MINERALS LIMITED's ordinary share count grew 154.0% between April 2024 and February 2026, to 115M shares. The company raised capital twice in that 24-month window for total proceeds of A$5.2M, most recently A$3.0M in October 2025. Options and rights on issue could convert into 69M new shares, equal to 59.5% of the current share count, none of which are in the money at the current share price; the nearest expiry is December 2026. At the March 2026 quarter the company reported A$2.2M in available cash, representing about 9.2 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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59.5%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
9.2 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 115.5M per ASX (delayed) (28 July 2026).
60.2M80.5M100.8MDec 24Sept 25July 26Cash raise · 9 Oct 2025Cash raise · 25 July 2025

Cash runway

9.2 qtrs
More than four quarters of funding at the recent spend rate.
$2.2M 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
17 Feb 20262A · quoted issuePIM : ORDINARY FULLY PAID115.5MAppendix 2A
30 Dec 20253G · unquotedORDINARY FULLY PAID115.5MAppendix 3G
3 Nov 20252A · quoted issuePIM : ORDINARY FULLY PAID115.5MAppendix 2A
28 Oct 20253G · unquotedPIM : ORDINARY FULLY PAID100.5MAppendix 3G
28 Oct 20253G · unquotedORDINARY FULLY PAID100.5MAppendix 3G
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 · 1 in the last 12 months

$3.0M
Capital raise
9 Oct 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

59.5%
Total overhang · of current shares
0.0%
In the money · at current price
68.7M
Potential new shares
Dec 2026
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 June 2026William John Andrew WithamBuy60k——3Y notice
30 Dec 2025Stephen RossOther552k——3Y notice
30 Dec 2025William John Andrew WithamOther834k8k—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 June 2026Change of Director's Interest Notice
23 Apr 2026$PQuarterly Activity and Cashflow Report
31 Mar 2026Initial and Final Director Interest Notices
31 Mar 2026Board Changes - Appointment of Non-Executive Director
12 Mar 2026Half Year Accounts
17 Feb 2026Application for quotation of securities - PIM
1 Feb 2026$PMutual Termination of Idaho Antimony Transaction Agreements
28 Jan 2026$PQuarterly Activity and Cashflow Report
31 Dec 2025Change of Director's Interest Notice x 2
30 Dec 2025Cleansing Notice
30 Dec 2025Notification regarding unquoted securities - PIM
16 Dec 2025$PCancellation of Tranche 2 Placement
14 Dec 2025Final Director's Interest Notice
14 Dec 2025$PBoard Changes
14 Dec 2025Initial Director's Interest Notice
8 Dec 2025$PPIM ADVANCES HIGH POTENTIAL LITHIUM PROJECT AT ADINA EAST
4 Dec 2025$PPIM ADVANCES US ANTIMONLY QUEEN WITH INTITIAL EXPLORATION
25 Nov 2025Results of Meeting
23 Nov 2025$PPinnacle Successfully Commences Trading on OTCQB
18 Nov 2025Change of Director's Interest Notice

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