Companies / RMX

RED MOUNTAIN MINING LIMITED

ASX:RMXMaterials
1.04B shares on issueASX (delayed) · as of 28 July 2026$0.010price · delayed$10.4Mmarket cap · indicative
C
Dilution grade

Share count grew 205% in 24 months; 9 cash raises in 24 months; runway 4–8 quarters

Cash runway6.5 quarters of funding
Share-count growth (24m)205.0%
Raise cadence (24m)9 cash raises
Options & rights overhang7.5% of sharesconsolidation-adjusted
In-the-money supply1.1% of sharesconsolidation-adjusted
Pending proposed issuesnone

RED MOUNTAIN MINING LIMITED's ordinary share count rose 205.0% between May 2024 and May 2026, to 1.04B shares; the share-count figures are adjusted for a consolidation conducted in September 2024 (approximately 1-for-10), with the latest count reported as 1.04B. The company completed nine capital raises in the 24-month window for total proceeds of A$8.0M, most recently a A$1.6M placement in April 2026. Options and rights could convert into 78M new shares, equal to 7.5% of current shares, of which 1% are in the money at the present price; the nearest expiry is September 2026. At the March 2026 quarter the company reported A$2.8M in cash, covering 6.5 quarters at recent spending rates. 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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7.5%
Max option dilution
1.1%
ITM option dilution
6
Raises · last 12 months
6.5 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. Adjusted for the 1-for-10 consolidation (2 Sept 2024). Latest count 1.04B per ASX (delayed) (28 July 2026).
525.3M715.7M906.2MDec 24Sept 25July 26Cash raise · 27 Apr 2026Cash raise · 1 Dec 2025Cash raise · 1 Dec 2025Cash raise · 22 Sept 2025Cash raise · 14 Aug 2025Cash raise · 13 Aug 2025Cash raise · 27 June 2025Cash raise · 29 Apr 2025

Cash runway

6.5 qtrs
More than four quarters of funding at the recent spend rate.
$2.8M 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
12 May 20262A · quoted issueRMX : ORDINARY FULLY PAID1.04BAppendix 2A
13 Feb 20263G · unquotedRMX : ORDINARY FULLY PAID941.1MAppendix 3G
13 Feb 20262A · quoted issueRMX : ORDINARY FULLY PAID949.9MAppendix 2A
3 Feb 20263G · unquotedRMX : ORDINARY FULLY PAID941.1MAppendix 3G
3 Feb 20263G · unquotedRMX : ORDINARY FULLY PAID941.1MAppendix 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

9 cash raises in the last 24 months · 6 in the last 12 months

$1.6M
Placement
27 Apr 2026 COMPLETE
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

consolidation-adjusted Figures rebased for the share consolidation in the last 24 months.

7.5%
Total overhang · of current shares
1.1%
In the money · at current price
77.9M
Potential new shares
Sept 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
3 Feb 2026Mauro PicciniOther—6.0M—3Y notice
3 Feb 2026Lincoln LiuOther—50.0M—3Y notice
8 Dec 2025Lincoln LiuOther20.8M4.2M—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

24 July 2026RMXOK Expiry Notice
15 July 2026Notice of General Meeting/Proxy Form
8 July 2026$PARMIDALE ANTIMONY TARGET EXPANDED AHEAD OF JULY DRILLING
30 June 2026$PSTRONG TUNGSTEN GRADES AT PIONEER TUNGSTEN PROJECT MONTANA
8 June 2026$PPOSITIVE MAGNETIC STUDY RESULTS AT PIONEER TUNGSTEN PROJECT
29 May 2026Retraction and Clarification to ASX Announcement
27 May 2026$PRED MOUNTAIN SECURES 100% OWNERSHIP OF PIONEER TUNGSTEN
24 May 2026$PEXCEPTIONAL HIGH-GRADE ANTIMONY CONCENTRATE FROM MET-WORK
17 May 2026$PDRILLING APPROVAL RECEIVED & IP SURVEY COMPLETED AT ARMIDALE
12 May 2026Cleansing Notice
12 May 2026Application for quotation of securities - RMX
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
29 Apr 2026Proposed issue of securities - RMX
29 Apr 2026$PRed Mountain Signs Agreement over Montana Tungsten Project
27 Apr 2026$PTrading Halt
8 Apr 2026$PUS Exploration Set To Commence at Critical Minerals Projects
29 Mar 2026$PExceptional Assays Define Multiple Antimony Drill Targets
15 Mar 2026Half Yearly Report and Accounts
11 Mar 2026$PSTRONG ASSAYS EXTEND HIGH-GRADE ANTIMONY MINERALISATION
1 Mar 2026$POUTSTANDING HIGH-GRADE ANTIMONY ASSAYS FROM THOMPSON FALLS

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