Companies / FUN

FORTUNA METALS LTD

ASX:FUNMaterialsSuspended from quotation
391.7M shares on issueAppendix 2A · as of 28 July 2026$0.093price · delayed$28.5Mmarket cap · indicative
NR
Dilution grade

Not rated — the company is suspended from quotation

Cash runwayno data — suspended — grade not computed
Share-count growth (24m)no data — suspended — grade not computed
Raise cadence (24m)0 cash raises
Options & rights overhangno data
In-the-money supplyno data — no recent share price on record
Pending proposed issuesnone

FORTUNA METALS LTD had 392M ordinary shares as of July 2026 (latest reported), based on 5 observations. The company raised capital four times in the past 24 months for total disclosed proceeds of A$24.2M, most recently raising A$8.6M in May 2026. No proposed securities issues (Appendix 3B) are currently pending. At the March 2026 quarter the company reported A$14.2M in available cash.

AI-generated summary of this page's cited filings · updated 28 July 2026
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27.3%
Max option dilution
10.1%
ITM option dilution
4
Raises · last 12 months
23.4 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 391.7M per Appendix 2A (28 July 2026).
213.8M250.4M286.9MAug 25Feb 26July 26Cash raise · 31 May 2026Cash raise · 29 May 2026Cash raise · 10 Nov 2025Cash raise · 10 Nov 2025

Cash runway

23.4 qtrs
More than four quarters of funding at the recent spend rate.
$14.2M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
28 July 20263G · unquotedFUN : ORDINARY FULLY PAID313.4MAppendix 3G
28 July 20262A · quoted issueFUN : ORDINARY FULLY PAID343.4MAppendix 2A
28 July 20262A · quoted issueFUN : ORDINARY FULLY PAID391.7MAppendix 2A
1 June 20262A · quoted issueFUN : ORDINARY FULLY PAID313.4MAppendix 2A
5 Jan 20263G · unquotedFUN : ORDINARY FULLY PAID283.0MAppendix 3G
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

4 cash raises in the last 24 months · 4 in the last 12 months

$8.6M
Capital raise
31 May 2026
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

27.3%
Total overhang · of current shares
10.1%
In the money · at current price
106.9M
Potential new shares
Mar 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
28 July 2026Peter PawlowitschOther16.4M19.3M—3Y notice
1 June 2026Peter PawlowitschSell2.5M——3Y notice
5 Jan 2026Peter PawlowitschOther455k6.3M—3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

28 July 2026Cleansing Notice
28 July 2026Notification of Milestone Vesting
28 July 2026Change of Director's Interest Notice
28 July 2026Application for quotation of securities - FUN
28 July 2026Application for quotation of securities - FUN
28 July 2026Notification regarding unquoted securities - FUN
19 July 2026Rutile Equivalent Resource at Mkanda
14 July 2026$PGlobally Significant Rutile - Graphite Resource at Mkanda
13 July 2026Results of Meeting
12 July 2026$PTrading Halt
5 July 2026$PAircore Drilling Commenced
1 July 2026$P96% TiO2 Rutile Product Achieved
17 June 2026$PLaboratory Commissioned
12 June 2026Notice of General Meeting Information
12 June 2026Notice of General Meeting/Proxy Form
9 June 2026$PKey Workstreams Advancing
3 June 2026Cleansing Notice
2 June 2026Proposed issue of securities - FUN
2 June 2026$PStrategic US Cornerstone Investment
2 June 2026Details of Company Address

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.