29METALS LIMITED
ASX:29MMaterialsShare count grew 149% in 24 months; 2 cash raises in 24 months
29METALS LIMITED's ordinary share count grew 149.3% between May 2024 and March 2026, to 1.75B shares. The company disclosed two capital raises in the 24-month window, with total confirmed proceeds of A$150.0M, most recently a raise in January 2026 that brought in A$150.0M. Options and rights on issue could convert into 31M new shares, equal to 1.8% of the current share count, of which 0% are in the money. The company does not have a current quarterly cash report on record, so no quarterly cash balance or runway figure is disclosed. No proposed securities issues (Appendix 3B) are pending.
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 |
|---|---|---|---|---|
| 17 Apr 2026 | 3G · unquoted | 29M : ORDINARY FULLY PAID | 1.75B | Appendix 3G |
| 9 Apr 2026 | 3H · cancellation | 29M : ORDINARY FULLY PAID | 1.75B | Appendix 3H |
| 25 Mar 2026 | 3H · cancellation | 29M : ORDINARY FULLY PAID | 1.75B | Appendix 3H |
| 25 Mar 2026 | 2A · quoted issue | 29M : ORDINARY FULLY PAID | 1.75B | Appendix 2A |
| 16 Feb 2026 | 2A · quoted issue | 29M : ORDINARY FULLY PAID | 1.75B | Appendix 2A |
Capital raises
2 cash raises in the last 24 months · 1 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.