Companies / 49M

49 METALS LIMITED

ASX:49MMaterials
82.2M shares on issueASX (delayed) · as of 28 July 2026$0.092price · delayed$7.6Mmarket cap · indicative
B
Dilution gradeprovisional — limited history

2 cash raises in 24 months; options/rights overhang 14% of shares

Cash runway10.0 quarters of funding
Share-count growth (24m)1.4%
Raise cadence (24m)2 cash raises
Options & rights overhang14.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

49 METALS LIMITED listed in March 2026 and has a short disclosure history. Between May 2026 and July 2026 the company's ordinary share count grew 1.4% to 69M shares. It raised capital twice in the past 24 months for total proceeds of A$20.0M, most recently an Initial Public Offering that raised A$10.0M in March 2026. Options and rights on issue could convert into 12M new shares, equal to 14.1% of the current share count, with 0% in the money and the nearest expiry in February 2029. At the March 2026 quarter the company reported A$7.3M in cash, equal to 10.0 quarters of cover. 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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14.1%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
10.0 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 82.2M per ASX (delayed) (28 July 2026).
81.9M82.2M82.6MMar 26May 26July 26Cash raise · 31 Mar 2026

Cash runway

10.0 qtrs
More than four quarters of funding at the recent spend rate.
$7.3M 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 2 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
15 July 20262A · quoted issue49M : ORDINARY FULLY PAID69.5MAppendix 2A
26 May 20262A · quoted issue49M : ORDINARY FULLY PAID68.5MAppendix 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

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

$10.0M
Initial Public Offering
31 Mar 2026 ACTIVE
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

14.1%
Total overhang · of current shares
0.0%
In the money · at current price
11.6M
Potential new shares
Feb 2029
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
1 Apr 2026Matthew GauciBuy242k350k$44k3Y 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

23 July 2026$PBroad Gold System Emerging at Gold Mountain
15 July 2026Application for quotation of securities - 49M
30 June 2026$PMore High-Grade Gold at Gold Mountain
26 June 2026Release of Securities from Escrow
2 June 2026$PHigh Grade Gold Discovery at Gold Mountain
31 May 2026$PTrading Halt
26 May 2026Application for quotation of securities - 49M
19 May 2026$P49M Secures Strategic Mining Claims at Gold Mountain
15 May 2026Release of Securities from Escrow
13 May 2026$PHigh Grade Gold & Silver Mineralisation at Gold Mountain
29 Apr 2026$PGold Mountain Drilling Update
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
13 Apr 2026$PInvestor Presentation - April 2026
8 Apr 2026Investor Webinar
7 Apr 2026Appendix 3Y - Change of Director's Interest Notice - MG
7 Apr 2026Initial Director's Interest Notice - All Directors
30 Mar 2026Drilling Commences at Gold Mountain
27 Mar 2026Retraction-Foreign MRE (Buffalo Canyon Project)
27 Mar 2026Additional Information-Exploration Results and Foreign MRE
27 Mar 2026Pre-Quotation Disclosure

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