Blaze Minerals Completes Capital Consolidation, Register Updated 3 November 2026

Aditi Sarkar

05 November 2026 06:17 PM AEDT

Blaze Minerals Completes Capital Consolidation, Register Updated 3 November 2026

Image Source: Krish Capital Pty Ltd

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Blaze Minerals Limited (ASX:BLZ) has advised that the consolidation of capital approved by shareholders at the general meeting held on 21 October 2026 has been completed, with the company's register updated on 3 November 2026.

Key Points

Capital consolidation approved at the 21 October 2026 general meeting has been completed, with the register updated on 3 November 2026
Post-consolidation ordinary shares on issue total 405,000,216 (ASX:BLZ)
Quoted options (BLZO) exercisable at $0.20 on or before 31 December 2027 total 27,761,065
Unquoted options (BLZOPT4/BLZAB) exercisable at $0.10 on or before 30 November 2027 total 20,000,006
Normal T+2 settlement basis trading in the company's securities is set to commence on 9 November 2026

Post-Consolidation Capital Structure

Following completion of the consolidation, Blaze Minerals' capital structure comprises 405,000,216 ordinary shares (ASX:BLZ), 27,761,065 quoted options (BLZO) exercisable at $0.20 on or before 31 December 2027, and 20,000,006 unquoted options (BLZOPT4/BLZAB) exercisable at $0.10 on or before 30 November 2027. According to the filing, fraction entitlements were rounded up to the nearest whole security, which caused the post-consolidation numbers to differ marginally from the estimates provided in the Appendix 3A.2 lodged on 3 September 2026.

Securityholder Holding Statements and Trading Timetable

The filing states that new holding statements will be despatched to all securityholders advising them of their post-consolidation holdings on or before 6 November 2026. Trading in the company's securities on a normal T+2 settlement basis is scheduled to commence on 9 November 2026. The company disclosure was authorised for release by Managing Director Mathew Walker.

Blaze Minerals Project Portfolio

Blaze Minerals is a mineral exploration company focused on identifying and developing ore deposits. The company holds a 72% interest in the Bahati Project, covering approximately 43km² in south-western Uganda, and the Buyaga Project, covering approximately 250km², both prospective for tungsten, with an agreement to increase to 90%. The company also holds a 60% interest in the Ntungamo and Mityana projects in Uganda prospective for critical minerals, and a 70% interest in three projects in Botswana — Dinokwe Copper, Kalahari, and Molopo — with an agreement to increase to 90%.

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