ALMA METALS LIMITED
ASX:ALMEnergyToday’s holders own 97.9% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 72% in 24 months; 3 cash raises in 24 months
ALMA METALS LIMITED's ordinary share count grew 72.2% between September 2024 and June 2026, its latest share-count filing, to 2.63B shares. The company raised capital three times in the past 24 months for total proceeds of A$7.2M, most recently a A$4.0M placement in May 2026. Options and rights on issue could convert into 57M new shares, equal to 2.2% of the current share count, none of which are in the money at the current share price; the nearest expiry is October 2027. The company has under 2 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 5
When did ALM last raise capital?
The last capital raise in Alma Metals's filings is Placement of $4.0M announced 6 May 2026, one of 3 cash raises in 24 months.
How much placement capacity does ALM have left?
About 7% of the 15% placement capacity left, about 93% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does ALM have?
In its quarterly cash report for the quarter ended 30 June 2026, Alma Metals reported $3.6M of cash and estimated 2.1 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do ALM's options expire?
Unexercised options and rights equal 2.2% of Alma Metals's shares on issue; the nearest expiry is Oct 2027.
How much has ALM's share count grown?
Alma Metals has 2.63B shares on issue as at 28 Oct 2026, up 72.2% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 29 June 2026 | 2A · quoted issue | ALM : CHESS DEPOSITARY INTERESTS 1:1 | 2.63B | Appendix 2A |
| 14 May 2026 | 2A · quoted issue | ALM : CHESS DEPOSITARY INTERESTS 1:1 | 2.60B | Appendix 2A |
| 30 Mar 2026 | 3G · unquoted | ALM : CHESS DEPOSITARY INTERESTS 1:1 | 2.23B | Appendix 3G |
| 24 Dec 2025 | 2A · quoted issue | ALM : CHESS DEPOSITARY INTERESTS 1:1 | 1.87B | Appendix 2A |
| 24 Dec 2025 | 2A · quoted issue | CHESS DEPOSITARY INTERESTS 1:1 | 1.91B | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
3 cash raises in the last 24 months · 2 in the last 12 months
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.007 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 57.0M (2.2% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| ALMAA | Options | Price-triggered | $0.015 | 31 Oct 2027 | 40.0M | Filing |
| ALMAB | Options | Price-triggered | $0.017 | 31 Dec 2028 | 17.0M | Filing |
“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 29 June 2026 | Alasdair Campbell Cooke | Buy placement | 22.5M | 10.0M | — | $225k | 3Y notice |
| 29 June 2026 | Charles Frazer Tabeart | Buy placement | 1.8M | 20.0M | — | $18k | 3Y notice |
| 29 June 2026 | John Mark Dean | Buy placement | 2.5M | — | — | $25k | 3Y notice |
| 29 June 2026 | Valentine Chitalu | Buy placement | 5.0M | 2.0M | — | $50k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.