C29 METALS LIMITED
ASX:C29MaterialsShare count grew 60% in 24 months; runway 2–4 quarters; 2 cash raises in 24 months
C29 METALS LIMITED's ordinary share count grew 60.4% between May 2024 and July 2026, to 224M shares. The company raised capital twice in that period for total disclosed proceeds of A$5.9M, most recently a A$1.2M placement in June 2026. Options and rights on issue could convert into 7M new shares, equal to 3.1% of the current share count, with 0% in the money at the current share price and the nearest expiry in October 2026. At the March 2026 quarter the company reported A$809K in available cash, about 2.4 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 7 July 2026 | 2A · quoted issue | C29 : ORDINARY FULLY PAID | 224.0M | Appendix 2A |
| 6 May 2026 | 2A · quoted issue | C29 : ORDINARY FULLY PAID | 217.7M | Appendix 2A |
| 29 Jan 2026 | 3H · cancellation | C29 : ORDINARY FULLY PAID | 174.2M | Appendix 3H |
| 15 Dec 2025 | 3H · cancellation | C29 : ORDINARY FULLY PAID | 174.2M | Appendix 3H |
| 19 Nov 2025 | 3H · cancellation | C29 : ORDINARY FULLY PAID | 174.2M | Appendix 3H |
Capital raises
2 cash raises in the last 24 months · 2 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.