Alvo Minerals Applies to Quote 548,189 Ordinary Shares from Option Conversions on 10 November 2026

Shwetambri Chauhan

10 November 2026 04:02 PM AEDT

Alvo Minerals Applies to Quote 548,189 Ordinary Shares from Option Conversions on 10 November 2026

Image Source: Krish Capital Pty Ltd

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Alvo Minerals Limited (ASX:ALV) has applied to ASX for the quotation of 548,189 fully paid ordinary shares, issued as a result of the exercise of options on 10 November 2026, with the securities carrying an issue price of AUD $0.05 per share.

Key Points

548,189 ordinary fully paid shares applied for quotation, with an issue date of 11 November 2026.
The shares arose from the conversion of ALVAR options, which are exercisable at $0.05 and expire on 27 June 2028.
Both the first and last date of option exercise recorded as 10 November 2026.
Following quotation, total quoted ordinary fully paid shares in ALV will stand at 338,613,032.

Option Exercise and Share Issuance Details

According to the filing, the 548,189 ordinary fully paid shares were issued as a result of the exercise of ALVAR options — described as options expiring 27 June 2028, exercisable at $0.05 per option. The cash consideration for the issue was paid in Australian dollars at an issue price of AUD $0.05 per security. The filing states that the new securities will rank equally in all respects from their issue date with the existing issued securities in the same class. The options were not issued under an employee incentive scheme, according to the filing.

Quoted Capital Structure Following Quotation

The filing discloses that upon quotation of the 548,189 new ordinary shares, Alvo Minerals' total quoted ordinary fully paid securities on issue will be 338,613,032. The company also holds a range of unquoted securities, including 18,759,770 ALVAR options expiring 27 June 2028 at $0.05, 18,653,337 ALVAS options expiring 11 June 2028 at $0.05, 6,000,000 ALVAU options expiring 8 May 2029 at $0.10, 3,000,000 ALVAT options expiring 5 February 2029 at $0.075, 700,000 ALVAH options expiring 1 June 2030 at nil, 600,000 ALVAE options expiring 1 January 2029 at nil, and 1,000,000 ALVAI performance rights.

Application for Quotation of Existing Class Securities

The Appendix 2A application, dated 10 November 2026, was lodged by Alvo Minerals Limited, registered with ABN 37637802496. The filing states that the securities to be quoted represent an addition to an existing class of securities already quoted on ASX and that this issue had not previously been notified to ASX via an Appendix 3B. The new shares are classified as an existing class — ordinary fully paid — and the application confirms the underlying securities are being received directly by the holder as a result of the option exercise completed on 10 November 2026.

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