Companies / RCM

RAPID CRITICAL METALS LIMITED

ASX:RCMMaterialsSuspended from quotation
1.20B shares on issueASX (delayed) · as of 28 July 2026$0.029price · delayed$37.1Mmarket 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 dataconsolidation-adjusted
In-the-money supplyno data — no recent share price on record
Pending proposed issuesnone

RAPID CRITICAL METALS LIMITED completed an approximately 1-for-2.7 share consolidation in July 2025; the reported share-count figures are adjusted and the latest count stands at 1.20B ordinary shares as of May 2026. The company raised capital five times in the past 24 months for total proceeds of A$49.2M, most recently a A$14.0M placement in September 2025. No proposed securities issues (Appendix 3B) are pending. The March 2026 quarter cash balance was A$5.5M. Options and rights overhang data are not provided.

AI-generated summary of this page's cited filings · updated 28 July 2026
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17.4%
Max option dilution
2.8%
ITM option dilution
2
Raises · last 12 months
2.2 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. Adjusted for the 1-for-2.7 consolidation (16 July 2025). Latest count 1.20B per ASX (delayed) (28 July 2026).
0.61B0.83B1.04BJune 25Dec 25July 261-for-2.7 consolidationCash raise · 17 Sept 2025Cash raise · 11 Sept 2025Cash raise · 16 July 2025Cash raise · 23 June 2025Cash raise · 11 June 2025

Cash runway

2.2 qtrs
Two to four quarters of funding at the recent spend rate.
$5.5M 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 June 20263H · cancellationRCM : ORDINARY FULLY PAID1.20BAppendix 3H
5 May 20262A · quoted issueRCM : ORDINARY FULLY PAID1.20BAppendix 2A
6 Feb 20262A · quoted issueRCM : ORDINARY FULLY PAID1.19BAppendix 2A
6 Feb 20262A · quoted issueRCM : ORDINARY FULLY PAID1.19BAppendix 2A
19 Dec 20252A · quoted issueRCM : ORDINARY FULLY PAID1.19BAppendix 2A
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

5 cash raises in the last 24 months · 2 in the last 12 months

$14.0M
Placement
17 Sept 2025 COMPLETE
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

consolidation-adjusted Figures rebased for the share consolidation in the last 24 months.

17.4%
Total overhang · of current shares
2.8%
In the money · at current price
208.0M
Potential new shares
Dec 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
23 Feb 2026Byron MilesBuy460k12.8M$23k3Y notice
1 Dec 2025Byron MilesOther———3Y notice
1 Dec 2025Michael SchlumpbergerOther2.5M——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

21 July 2026Investor Presentation - July 2026
21 July 2026$PExcellent Ore Sorting Results-Ag Recoveries to over 1000g/t
14 July 2026Forthcoming Voluntary Escrow Releases
14 July 2026Update to Release of 22 May 2026-Drilling Underway at Webbs
12 July 2026$POutstanding Silver Lead & Zinc Flotation Recoveries
22 June 2026Notification of cessation of securities - RCM
15 June 2026Prophet River Gallium Germanium Project Presentation
15 June 2026$PDrilling Approval Granted for Prophet River Ga-Ge Project
25 May 2026Results of Meeting
21 May 2026$PDrilling Underway at Webbs-Expands District-Scale Footprint
11 May 2026$PNew Drill Program to Commence at Webbs
5 May 2026Cleansing Notice
5 May 2026Application for quotation of securities - RCM
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
23 Apr 2026Notice of Annual General Meeting/Proxy Form
23 Apr 2026Annual Report to shareholders
23 Apr 2026Appendix 4G
23 Apr 2026FY2025 Corporate Governance Statement
9 Apr 2026Forthcoming Voluntary Escrow Release
9 Apr 2026$PAcquisition of Highly Prospective Historical Asset-North NSW

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