Companies / TRM

TRUSCOTT MINING CORPORATION LIMITED

ASX:TRMMaterials
218.0M shares on issueASX (delayed) · as of 28 July 2026$0.047price · delayed—market cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 25% in 24 months; 2 cash raises in 24 months

Cash runway1.2 quarters of funding
Share-count growth (24m)24.9%
Raise cadence (24m)2 cash raises
Options & rights overhang7.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

TRUSCOTT MINING CORPORATION LIMITED's ordinary share count grew 24.9% between July 2024 and July 2026, to 218M shares. The company raised capital twice in that period for total disclosed proceeds of A$2.9M, most recently A$1.4M in December 2025. Options and rights on issue could convert into 17M new shares, equal to 7.6% of the current share count, with 0% in the money and the nearest expiry in December 2027. At the March 2026 quarter the company reported A$471K in available cash, sufficient for about 1.2 quarters at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
7.6%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
1.2 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 218.0M per ASX (delayed) (28 July 2026).
197.0M204.7M212.4MDec 24Sept 25July 26Cash raise · 12 Dec 2025Cash raise · 8 Dec 2025

Cash runway

1.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$471k 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.
Join the waitlist

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
2 July 20262A · quoted issueTRM : ORDINARY FULLY PAID218.0MAppendix 2A
16 Feb 20263G · unquotedTRM : ORDINARY FULLY PAID213.7MAppendix 3G
9 Jan 20263G · unquotedTRM : ORDINARY FULLY PAID213.7MAppendix 3G
28 Dec 20253G · unquotedTRM : ORDINARY FULLY PAID195.7MAppendix 3G
24 Dec 20252A · quoted issueTRM : ORDINARY FULLY PAID213.7MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

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

$1.4M
Capital raise
12 Dec 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

7.6%
Total overhang · of current shares
0.0%
In the money · at current price
16.6M
Potential new shares
Dec 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.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
2 July 2026Ewan E SmithOther2.6M——3Y notice
2 July 2026Michael J PoveyOther1.5M1.7M—3Y notice
2 July 2026Peter N SmithOther38.5M——3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

20 July 2026$PInvestor presentation July
2 July 2026Change of Director's Interest Notice x 3
2 July 2026Application for quotation of securities - TRM
27 May 2026Change of Director's Interest Notice - PN Smith
22 May 2026Change of Director's Interest Notice - PN Smith
15 May 2026Change of Director's Interest Notice - PN Smith
7 May 2026Change of Director's Interest Notice - PN Smith
5 May 2026Change of Director's Interest Notice - PN Smith
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
22 Apr 2026Change of Director's Interest Notice - PN Smith
21 Apr 2026Change of Director's Interest Notice - MJ Povey
17 Apr 2026Change of Director's Interest Notice - PN Smith
16 Apr 2026Change of Director's Interest Notice - PN Smith
14 Apr 2026$PWestminster Project - Activity Buildup
30 Mar 2026Company update
27 Mar 2026Initial Director's Interest Notice - RT Girdwood
27 Mar 2026Director Appointment - RT Girdwood
13 Mar 2026Half Yearly Report and Accounts
16 Feb 2026Notification regarding unquoted securities - TRM
16 Feb 2026Results of Meeting

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