CRITICAL MINERALS GROUP LIMITED
ASX:CMGMaterialsToday’s holders own 81.3% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 88% in 24 months; 5 cash raises in 24 months
CRITICAL MINERALS GROUP LIMITED's ordinary share count increased 88.0% between September 2024 and October 2026, its latest share-count filing, to 135M shares. The company raised capital five times in that period for total proceeds of A$10.6M, most recently in October 2026 via a Placement and SPP raising A$2.0M. Options and rights could convert into 31M new shares, representing a 23.0% overhang on current shares; none are in the money, with the nearest expiry in June 2028. Regarding funding: at the reported spend rate the reported cash would since have been used up, and no later cash report is on record, so no funding-runway figure applies. No proposed securities issues are pending.
Quick answers · 5
Why was CMG in a trading halt?
Critical Minerals Group requested a trading halt on 15 Oct 2026, giving the reason "Pending release of announcement regarding a proposed material capital raise". Trading was expected to resume 19 Oct 2026.
When did CMG last raise capital?
The last capital raise in Critical Minerals Group's filings is Placement and SPP of $2.0M announced 19 Oct 2026, one of 5 cash raises in 24 months.
How much cash does CMG have?
In its quarterly cash report for the quarter ended 30 June 2026, Critical Minerals Group reported $823k of cash and estimated 0.8 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do CMG's options expire?
Unexercised options and rights equal 23% of Critical Minerals Group's shares on issue; the nearest expiry is June 2028.
How much has CMG's share count grown?
Critical Minerals Group has 135.5M shares on issue as at 28 Oct 2026, up 88.0% 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 |
|---|---|---|---|---|
| 20 Oct 2026 | 2A · quoted issue | CMG : ORDINARY FULLY PAID | 135.5M | Appendix 2A |
| 1 Sept 2026 | 2A · quoted issue | CMG : ORDINARY FULLY PAID | 126.1M | Appendix 2A |
| 1 Sept 2026 | 3G · unquoted | CMG : ORDINARY FULLY PAID | 119.6M | Appendix 3G |
| 29 June 2026 | 2A · quoted issue | CMG : ORDINARY FULLY PAID | 119.6M | Appendix 2A |
| 3 Mar 2026 | 2A · quoted issue | CMG : ORDINARY FULLY PAID | 104.0M | 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
5 cash raises in the last 24 months · 3 in the last 12 months
Retail offer
An offer existing holders can take part in — the one structural advantage retail has in a raise. Dated recently and not yet recorded as complete.
Closing dates are not in the filings this site holds. Check the company's own announcement below before acting on this.
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- by end 2026 · Assay results availability (results due)
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 $0.062 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 11.1M (8.2% 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 |
|---|---|---|---|---|---|---|
| CMGAG | Options | Price-triggered | $0.20 | 30 June 2028 | 20.1M | Filing |
| CMGAH | Options | Price-triggered | $0.12 | 1 Mar 2029 | 11.1M | 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 |
|---|---|---|---|---|---|---|---|
| 31 Aug 2026 | Alan Broome | Other | 552k | 276k | — | $40k | 3Y notice |
| 31 Aug 2026 | Scott Winter | Other incentive | 276k | 238k | — | $20k | 3Y notice |
| 31 Aug 2026 | Stuart McClure | Other | 155k | 78k | — | $11k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.