ZINC OF IRELAND NL
ASX:ZMIMaterialsShare count grew 384% in 24 months; 3 cash raises in 24 months; options/rights overhang 94% of shares
ZINC OF IRELAND NL's ordinary share count grew 383.7% between August 2024 and June 2026, to 1.29B shares. The company raised capital three times in that period for total disclosed proceeds of A$11.2M, most recently a A$5.5M placement in April 2026. Options and rights on issue could convert into 1.21B new shares, equal to 94.4% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is December 2027. At the March 2026 quarter the company reported A$5.3M in available cash, about 21.5 quarters of funding at its recent spending rate. Two proposed securities issues (Appendix 3B) are pending, the nearest with an expected issue date in October 2026.
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 |
|---|---|---|---|---|
| 26 June 2026 | 3G · unquoted | ZMI : ORDINARY FULLY PAID | 1.29B | Appendix 3G |
| 21 June 2026 | 2A · quoted issue | ZMI : ORDINARY FULLY PAID | 1.29B | Appendix 2A |
| 16 June 2026 | 3G · unquoted | ZMI : ORDINARY FULLY PAID | 976.1M | Appendix 3G |
| 16 June 2026 | 3G · unquoted | ZMI : ORDINARY FULLY PAID | 976.1M | Appendix 3G |
| 16 June 2026 | 2A · quoted issue | ZMI : ORDINARY FULLY PAID | 1.05B | Appendix 2A |
Capital raises
3 cash raises in the last 24 months · 2 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.