Companies / VKA

VIKING MINES LIMITED

ASX:VKAMaterials
2.51B shares on issueAppendix 2A · as of 28 July 2026$0.010price · delayed$24.3Mmarket cap · indicative
C
Dilution grade

Share count grew 144% in 24 months; 2 cash raises in 24 months; options/rights overhang 16% of shares

Cash runway8.5 quarters of funding
Share-count growth (24m)144.1%
Raise cadence (24m)2 cash raises
Options & rights overhang15.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

VIKING MINES LIMITED's ordinary share count grew 144.1% between September 2024 and July 2026, to 2.51B shares. The company raised capital twice in that 24‑month window for total disclosed proceeds of A$9.0M, most recently a A$4.5M placement in December 2025. Options and rights on issue could convert into 396M new shares, equal to 15.8% of the current share count, with 0% of current shares in the money and the nearest expiry in September 2027. At the March 2026 quarter the company reported A$4.0M in available cash, representing about 8.5 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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15.8%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
8.5 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. Latest count 2.51B per Appendix 2A (28 July 2026).
1.56B1.88B2.20BDec 24Sept 25July 26Cash raise · 16 Dec 2025Cash raise · 11 Dec 2025

Cash runway

8.5 qtrs
More than four quarters of funding at the recent spend rate.
$4.0M 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
28 July 20262A · quoted issueVKA : ORDINARY FULLY PAID2.51BAppendix 2A
22 June 20263G · unquotedORDINARY FULLY PAID2.43BAppendix 3G
14 Apr 20262A · quoted issueVKA : ORDINARY FULLY PAID2.43BAppendix 2A
23 Feb 20262A · quoted issueVKA : ORDINARY FULLY PAID2.42BAppendix 2A
23 Feb 20263G · unquotedORDINARY FULLY PAID2.33BAppendix 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 · 2 in the last 12 months

$4.5M
Placement
16 Dec 2025 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

15.8%
Total overhang · of current shares
0.0%
In the money · at current price
396.5M
Potential new shares
Sept 2027
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
18 Feb 2026Charles ThomasBuy10.0M——3Y notice
18 Feb 2026Julian StephensBuy25.0M——3Y notice
18 Feb 2026Bevan TarrattBuy40.0M——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

28 July 2026Application for quotation of securities - VKA
21 July 2026RIG MOBILISATION COMMENCED FOR MAIDEN DRILLING AT LINKA
1 July 2026$PLINKA TAILS DAM SAMPLING SUPPORTS HIGH HISTORICAL RECOVERIES
28 June 2026$PVIKING DIVESTS NON-CORE GOLD PROJECT FOR UP TO $5M
28 June 2026FAU: FAU to Acquire High-Grade Kalgoorlie Resource
22 June 2026Notification regarding unquoted securities - VKA
17 June 2026$PORE SORTING SUCCESS AT LINKA TUNGSTEN PROJECT
10 June 2026GOLD COAST INVESTMENT SHOWCASE PRESENTATION
9 June 2026$PLINKA TUNGSTEN RECOVERY IMPROVED TO 76.0%
8 June 2026$PLINKA STOCKPILE SAMPLING DELIVERS UP TO 1.1% WO3
27 May 2026$PLINKA METALLURGY SUCCESS DELIVERS 62.5%WO3 AT 59.8% RECOVERY
25 May 2026VIKING LOCKS IN DRILLER FOR LINKA TUNGSTEN MAIDEN CAMPAIGN
20 May 2026$PLINKA PROJECT - FIELDWORK IDENTIFIES ADDITIONAL STOCKPILES
17 May 2026$PLINKA TUNGSTEN PROJECT MAIDEN DRILL CAMPAIGN FULLY PERMITTED
3 May 2026VIKING POSITIONS FOR 63-HOLE DRILLING CAMPAIGN AT LINKA
28 Apr 2026VKA INVESTOR WEBINAR PRESENTATION
26 Apr 2026$PCONCEPTUAL PROCESS ESTABLISHED FOR LINKA TUNGSTEN PROJECT
23 Apr 2026$PQuarterly Report for the period ended 31 March 2026
22 Apr 2026VKA INVESTOR WEBINAR & LAUNCH OF INVESTOR HUB
14 Apr 2026Cleansing Statement

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