Heavy Minerals Limited Applies to Quote 766,667 Ordinary Shares at $0.30 Issued 10 November 2026

Shwetambri Chauhan

10 November 2026 04:35 PM AEDT

Heavy Minerals Limited Applies to Quote 766,667 Ordinary Shares at $0.30 Issued 10 November 2026

Image Source: Krish Capital Pty Ltd

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Heavy Minerals Limited (ASX:HVY) has applied to the Australian Securities Exchange for quotation of 766,667 fully paid ordinary shares, issued on 10 November 2026 at a price of AUD $0.30 per security, as part of a placement previously announced to the market.

Key Points

766,667 fully paid ordinary shares applied for quotation, issued on 10 November 2026 at AUD $0.30 each
Securities were issued as part of a placement previously notified to ASX via an Appendix 3B dated 6 November 2026
No further issues of securities are yet to take place to complete the transaction
Following quotation, total quoted ordinary shares on issue will be 75,010,259

Placement Details and Issue Terms

According to the filing, the 766,667 fully paid ordinary shares were issued for cash consideration in Australian dollars at an issue price of AUD $0.30 per security. The issue date is recorded as 10 November 2026. The securities form part of a placement transaction previously announced to the market in an Appendix 3B lodged on 6 November 2026 at 19:27. The filing confirms there are no further issues of securities yet to take place to complete the transaction referred to in that Appendix 3B.

Issued Capital Following Quotation

Following quotation of the 766,667 ordinary shares, the total number of quoted fully paid ordinary shares on issue in the HVY class will be 75,010,259, according to figures disclosed in the filing. The company also has a range of unquoted securities on issue, including performance rights totalling 9,250,000 and multiple classes of unquoted options with various expiry dates and exercise prices, among them 1,500,000 options expiring 7 December 2026 at an exercise price of $0.1399 and a further 1,500,000 options expiring 7 December 2026 at $0.30.

Unquoted Options on Issue

The filing discloses a range of unquoted option classes remaining on issue following the quotation application. These include options expiring as early as 7 December 2026 and as late as 20 October 2029, with exercise prices ranging from $0.1399 to $0.8786 across multiple series. Specific classes include HVYAI, comprising 1,000,000 options expiring 20 October 2029 at an exercise price of $0.368, and HVYAA, comprising 900,000 options expiring 11 December 2028 at an exercise price of $0.7275. Performance rights under the class HVYAK total 9,250,000 securities.

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