Companies / VMC

VENUS METALS CORPORATION LIMITED

ASX:VMCMaterials
206.3M shares on issueASX (delayed) · as of 28 July 2026$0.26price · delayed$52.6Mmarket cap · indicative
C
Dilution grade

Runway under 2 quarters; share count grew 5% in 24 months; options/rights overhang 10% of shares

Cash runway0.6 quarters of funding
Share-count growth (24m)5.2%
Raise cadence (24m)0 cash raises
Options & rights overhang10.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

VENUS METALS CORPORATION LIMITED's ordinary share count grew 5.2% between September 2024 and July 2026 to 206M shares. The company did not raise capital in the past 24 months. Options and rights on issue could convert into 21M new shares, equal to 10.1% of the current share count, with 0% in the money and the nearest expiry in November 2028. At the June 2026 quarter the company reported A$62.4M in available cash, representing 0.6 quarters of cover 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
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10.1%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
0.6 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 206.3M per ASX (delayed) (28 July 2026).
198.3M201.2M204.1MDec 24Sept 25July 26

Cash runway

—
Cover not computed for the latest quarter.
$62.4M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
2 July 20262A · quoted issueVMC : ORDINARY FULLY PAID206.3MAppendix 2A
19 June 20262A · quoted issueVMC : ORDINARY FULLY PAID198.2MAppendix 2A
30 Jan 20263G · unquotedVMC : ORDINARY FULLY PAID197.6MAppendix 3G
1 Dec 20253H · cancellationVMC : ORDINARY FULLY PAID196.1MAppendix 3H
1 Dec 20252A · quoted issueVMC : ORDINARY FULLY PAID197.6MAppendix 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

No equity raises in the last 24 months.
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

10.1%
Total overhang · of current shares
0.0%
In the money · at current price
20.8M
Potential new shares
Nov 2028
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
3 July 2026Peter Charles HawkinsOther750k750k—3Y notice
3 July 2026Matthew HoganOther4.0M1.9M—3Y notice
3 July 2026Selvakumar ArunachalamOther2.5M1.0M—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 20262026 Annual General Meeting - Key Dates
8 July 2026Change in substantial holding
6 July 2026$PRC Drilling commences at Bellchambers Gold Project
6 July 2026Change of Director's Interest Notice x3
6 July 2026Becoming a substantial holder
5 July 2026$PDeclaration of special dividend of Rox Shares
5 July 2026Dividend/Distribution - VMC
3 July 2026Ceasing to be a substantial holder
2 July 2026Application for quotation of securities - VMC
30 June 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
28 June 2026$PExploration Update
19 June 2026Change of Director's Interest Notice
19 June 2026Application for quotation of securities - VMC
11 June 2026Receipt of Deferred Consideration
29 May 2026$PSale Youanmi Royalty Intended Special Dividends Cash & RXL
29 May 2026$PTrading Halt
29 May 2026$PPause in Trading
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
9 Feb 2026Company Presentation
3 Feb 2026Ceasing to be a substantial holder

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