Red Mountain Mining (RMX) Alerts RMXOK Option Holders to Final Exercise Deadline on 14 September 2026

4 min read | July 24, 2026 10:06 AM AEST | By Anjali Anand

Red Mountain Mining (RMX) Alerts RMXOK Option Holders to Final Exercise Deadline on 14 September 2026

Key Highlights

Red Mountain Mining Ltd (RMX) trades on the ASX and has RMXOK options expiring on 14 September 2026
Option holders may exercise options by paying $0.08 each or allow expiry without obligation
Exercise deadline is 5:00pm (WST) on Monday, 14 September 2026; option trading ends 10 September 2026
Red Mountain Mining shares last traded at $0.012, well below the $0.08 exercise price
Option holders can exercise, sell on market, or let options expire

Details on Red Mountain Mining’s RMXOK Options and Exercise Conditions

Red Mountain Mining Limited has issued an official notice to all registered holders of RMXOK options, outlining the final terms before expiration. Holders have until 5:00pm (WST) on Monday, 14 September 2026 to act. Each RMXOK option grants the right to acquire one fully paid ordinary share at an exercise price of $0.08 per option.

Authorized by the Board and signed by Company Secretary Mauro Piccini, the notice complies with paragraph 5.2 of Appendix 6A of the ASX Listing Rules, ensuring all option holders receive clear instructions on exercising their rights. The company has appointed Automic Registry Services to manage the administrative process and assist holders with any queries.

Three Available Actions for RMXOK Option Holders Before Expiry

Option holders have three choices: first, to exercise their RMXOK options by submitting a Notice of Exercise and paying $0.08 per option by 5:00pm (WST) on 14 September 2026, converting each option into one fully paid ordinary share; second, to sell options on the ASX before trading ends on 10 September 2026, allowing holders to realize value without exercising; third, to take no action, resulting in automatic expiration of options at the deadline with all rights ceasing.

Current Share Price and Recent Trading Range of Red Mountain Mining

On the last trading day before the notice, Red Mountain Mining shares traded at $0.012, substantially below the $0.08 exercise price of RMXOK options, indicating a negative intrinsic value under current market conditions. Over the prior three months, shares ranged from a high of $0.020 on 24 April 2026 to a low of $0.010 on 26 June 2026, remaining well under the exercise price throughout.

Timeline for Option Trading and Exercise Deadlines

Trading of RMXOK options on the ASX will cease at market close on Thursday, 10 September 2026, marking the last day holders can sell their options. After trading ends, option holders have until 5:00pm (WST) on Monday, 14 September 2026 to exercise options by submitting the required Notice of Exercise and payment. Late payments or submissions will not be accepted, and options will expire automatically.

Support and Contact Details for Option Holders

Automic Registry Services has been appointed to administer the option expiry process. Option holders can contact Automic by phone at 1300 288 664 (Australia) or +61 2 9698 5414 (international), or via email at [email protected] for assistance. Additional company information is available at investorhub.redmountainmining.com.au, and direct inquiries can be sent to [email protected].

Compliance with ASX Listing Rules and Regulatory Requirements

The notice complies with ASX Listing Rules paragraph 5.2 of Appendix 6A, ensuring transparent communication to option holders about exercise deadlines, prices, and consequences of non-exercise. The Board’s authorization and Company Secretary’s signature confirm the notice meets regulatory standards and represents official company communication.

Investment Considerations Ahead of the September Expiry

Option holders must weigh the $0.08 exercise price against the current share price of $0.012 and their expectations for Red Mountain Mining’s share performance before 14 September 2026. Exercising options may be beneficial if holders anticipate the share price rising above $0.08. Alternatively, selling options before 10 September 2026 allows realization of residual value without capital outlay. Some holders may opt to let options expire given the significant price gap.

Red Mountain Mining’s Capital Structure and Equity Implications

RMXOK options form part of Red Mountain Mining’s capital structure, representing potential equity issuance if exercised. Each option converts into one fully paid ordinary share, increasing share capital and potentially diluting existing shareholders unless they also exercise options. The company is registered under ACN 119 568 106 and trades on the ASX under ticker RMX. The expiry of RMXOK options marks a key maturity event in the company’s equity financing program.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.