PMET RESOURCES INC.
ASX:PMTMaterialsOptions/rights overhang 92% of shares; 2 cash raises in 24 months; proposed issue pending
PMET RESOURCES INC.'s ordinary share count declined 3.6% between May 2024 and February 2026, to 615M shares. The company raised capital twice in that period for total disclosed proceeds of A$138.1M, most recently A$137.7M in February 2026. Options and rights on issue could convert into 1.72B new shares, equal to 92.4% of the current share count, of which 0% are in the money at the current share price; the nearest expiry is August 2026. The company does not have a current quarterly cash report on record, so no cash balance or runway figure is disclosed. Two proposed securities issues (Appendix 3B) are pending, the nearest expected in September 2026.
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 |
|---|---|---|---|---|
| 2 June 2026 | 3G · unquoted | PMT : CHESS DEPOSITARY INTERESTS 10:1 | 622.7M | Appendix 3G |
| 2 June 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS | 622.7M | Appendix 3G |
| 22 May 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS | 622.7M | Appendix 3G |
| 16 Apr 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS | 605.8M | Appendix 3G |
| 10 Apr 2026 | 3G · unquoted | PMT : CHESS DEPOSITARY INTERESTS | 605.8M | Appendix 3G |
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.