ST GEORGE MINING LIMITED
ASX:SGQMaterialsShare count grew 369% in 24 months; 9 cash raises in 24 months; options/rights overhang 41% of shares
ST GEORGE MINING LIMITED's ordinary share count grew 369.2% between January 2024 and July 2026 to 4.64B shares. The company raised capital nine times in that period for total disclosed proceeds of A$160.5M, most recently a A$60.0M placement in June 2026 (total covers only raises with disclosed, confirmed proceeds). Options and rights on issue could convert into 1.89B new shares, equal to 40.7% of the current share count, of which 1% are in the money at the current share price; the nearest expiry is November 2026. At the March 2026 quarter the company reported A$94.8M in available cash, about 14.1 quarters of funding at its recent spending 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 |
|---|---|---|---|---|
| 22 July 2026 | 2A · quoted issue | SGQ : ORDINARY FULLY PAID | 4.64B | Appendix 2A |
| 22 July 2026 | 2A · quoted issue | SGQ : ORDINARY FULLY PAID | 4.64B | Appendix 2A |
| 16 July 2026 | 2A · quoted issue | SGQ : ORDINARY FULLY PAID | 4.64B | Appendix 2A |
| 16 July 2026 | 3G · unquoted | ORDINARY FULLY PAID | 4.45B | Appendix 3G |
| 10 July 2026 | 2A · quoted issue | SGQ : ORDINARY FULLY PAID | 4.45B | Appendix 2A |
Capital raises
9 cash raises in the last 24 months · 6 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.