Companies / MTM

METALLIUM LIMITED

ASX:MTMMaterials
738.2M shares on issueASX (delayed) · as of 28 July 2026$0.35price · delayed$262.1Mmarket cap · indicative
D
Dilution grade

Share count grew 256% in 24 months; runway 2–4 quarters; 6 cash raises in 24 months

Cash runway2.6 quarters of funding
Share-count growth (24m)255.6%
Raise cadence (24m)6 cash raises
Options & rights overhang13.7% of shares
In-the-money supply10.6% of shares
Pending proposed issuesnone

METALLIUM LIMITED's ordinary share count rose 255.6% between April 2024 and May 2026, to 738M shares. The company completed six capital raises in that period for total proceeds of A$141.1M, most recently raising A$75.0M in January 2026. Options and rights on issue could convert into 101M new shares, equal to 13.7% of the current share count, of which 11% are in the money; the nearest expiry is November 2026. At the March 2026 quarter METALLIUM reported A$54.6M in available cash, representing about 2.6 quarters of cover. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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13.7%
Max option dilution
10.6%
ITM option dilution
1
Raises · last 12 months
2.6 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 738.2M per ASX (delayed) (28 July 2026).
476.3M572.4M668.6MDec 24Sept 25July 26Cash raise · 16 Jan 2026Cash raise · 23 June 2025Cash raise · 11 June 2025Cash raise · 3 June 2025Cash raise · 19 Dec 2024

Cash runway

2.6 qtrs
Two to four quarters of funding at the recent spend rate.
$54.6M 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
22 July 20263G · unquotedMTM : ORDINARY FULLY PAID738.2MAppendix 3G
22 May 20262A · quoted issueMTM : ORDINARY FULLY PAID738.2MAppendix 2A
9 Apr 20263G · unquotedMTM : ORDINARY FULLY PAID736.8MAppendix 3G
9 Apr 20263G · unquotedMTM : ORDINARY FULLY PAID736.8MAppendix 3G
9 Apr 20263G · unquotedMTM : ORDINARY FULLY PAID736.8MAppendix 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

6 cash raises in the last 24 months · 1 in the last 12 months

$75.0M
Capital raise
16 Jan 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

13.7%
Total overhang · of current shares
10.6%
In the money · at current price
101.0M
Potential new shares
Nov 2026
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
26 June 2026JOHN HANNAFORDBuy150k—$58k3Y notice
26 June 2026Michael WALSHEBuy317k—$121k3Y notice
8 Apr 2026Paul NIARDONEOther—200k—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 2026Quarterly Report Release and Investor Webinar
22 July 2026Notification regarding unquoted securities - MTM
29 June 2026Metallium Announces Senior Executive Changes
29 June 2026Change of Director Interest Notices - M Walshe, J Hannaford
15 June 2026$PSuccessful Completion of First Multi-Unit FJH Test Campaign
22 May 2026Cleansing Notice
22 May 2026Application for quotation of securities - MTM
21 May 2026Proposed issue of securities - MTM
20 May 2026Presentation at Canaccord Global Metals Conference Nevada
18 May 2026$PMetallium Secures US$1M U.S. DoW Phase II Award
11 May 2026$PContinuous FJH Commissioning Milestone De-Risks Scale-Up
6 May 2026Results of Meeting
5 May 2026$P50% of Stage-1 E-Waste Feedstock Target Now Under Contract
14 Apr 2026Change of Director's Interest Notice x 4
12 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
9 Apr 2026Notification regarding unquoted securities - MTM
9 Apr 2026Update - Notification regarding unquoted securities - MTM
9 Apr 2026Notification regarding unquoted securities - MTM
6 Apr 2026$PSuccessful Completion of U.S. DoW SBIR Phase-1 for Gallium
2 Apr 2026Notice of Extraordinary General Meeting/Proxy Form

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