AuKing Mining Limited (ASX:AKN) has applied for quotation of 5,799,000 fully paid ordinary shares on the ASX following the exercise of options on 6 November 2026, with the new securities issued at AUD $0.006 per share and converting from the company's AKNO option class expiring 31 December 2026.

Key Points

  • 5,799,000 fully paid ordinary shares applied for quotation on ASX on 6 November 2026
  • Securities converted from AKNO options (expiring 31 December 2026) at an issue price of AUD $0.006 per share
  • All options were exercised and converted on 6 November 2026
  • Total quoted ordinary shares (AKN) following quotation: 2,426,057,570

Option Exercise and Conversion Details

According to the filing, 5,799,000 options under the AKNO class — described as options expiring 31 December 2026 — were exercised and converted into ordinary fully paid shares on 6 November 2026. The conversion occurred on a single date, with both the first and last date of exercise recorded as 6 November 2026. The filing states the new securities are being issued for cash consideration in Australian dollars at an issue price of AUD $0.006 per security. The new shares will rank equally in all respects from their issue date with the existing issued ordinary shares in that class.

Issued Capital Following Quotation

Following the quotation of the 5,799,000 new ordinary shares, AuKing Mining's total quoted ordinary shares (AKN) will stand at 2,426,057,570. The company's quoted AKNO options expiring 31 December 2026 will total 325,453,181 securities. The filing notes these figures are automatically generated and may not reflect the entity's current issued capital if other forms are currently with ASX for processing. The new securities are additional securities in an existing class already quoted on the ASX.

Unquoted Securities on Issue

The filing also discloses AuKing Mining's unquoted securities following the transaction. These comprise 192,500,000 performance rights (AKNAU), 899,857,142 options expiring 31 December 2029 at $0.005 exercise price (AKNAV), 127,142,857 performance shares (AKNAW), 304,734,034 options expiring 30 April 2027 at $0.03 exercise price (AKNAO), and 33,333,333 options expiring 30 June 2028 at $0.009 exercise price (AKNAS). The filing states the options being exercised were not issued under an employee incentive scheme.