Companies / CMM

CAPRICORN METALS LTD

ASX:CMMMaterials
456.8M shares on issueASX (delayed) · as of 28 July 2026$13.70price · delayed$5.44Bmarket cap · indicative
B
Dilution grade

Share count grew 21% in 24 months; 1 cash raise in 24 months

Cash runwaycash-generative (no net burn)
Share-count growth (24m)21.0%
Raise cadence (24m)1 cash raise
Options & rights overhang1.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

CAPRICORN METALS LTD's ordinary share count grew 21.0% between May 2024 and May 2026, to 457M shares. The company raised capital once in that period, with proceeds of A$200.0M from an issue dated October 2024, and total disclosed proceeds of A$200.0M in the 24-month window. Options and rights on issue could convert into 5M new shares, equal to 1.1% of the current share count, with the nearest expiry in April 2028 and 0% in the money. At the March 2026 quarter the company reported A$529.7M in available cash and noted the latest quarter reported non-negative net cash flow, so no funding-runway figure applies. 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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1.1%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
—
Cash cover

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 456.8M per ASX (delayed) (28 July 2026).
420.6M433.9M447.2MDec 24Sept 25July 26

Cash runway

—
Cover not computed for the latest quarter.
$529.7M 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 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
29 May 20262A · quoted issueCMM : ORDINARY FULLY PAID456.8MAppendix 2A
15 May 20262A · quoted issueCMM : ORDINARY FULLY PAID456.8MAppendix 2A
24 Apr 20262A · quoted issueCMM : ORDINARY FULLY PAID456.8MAppendix 2A
25 Mar 20262A · quoted issueCMM : ORDINARY FULLY PAID456.8MAppendix 2A
25 Mar 20262A · quoted issueCMM : ORDINARY FULLY PAID456.7MAppendix 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

1 cash raise in the last 24 months · 0 in the last 12 months

$200.0M
Capital raise
29 Oct 2024
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

1.1%
Total overhang · of current shares
0.0%
In the money · at current price
4.9M
Potential new shares
Apr 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
6 May 2026Jillian IrvinBuy8k——3Y notice
22 Dec 2025Mark ClarkOther———3Y notice
3 Sept 2025Mark ClarkOther158k——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

26 July 2026$PMGGP PFS, Group ORE Update & Range 500 Presentation
26 July 2026$PRange 500 Aspiration
26 July 2026$PCapricorn Gold Reserves Increase to 5.2 Million Ounces
26 July 2026$PCompelling Mt Gibson PFS Update
5 July 2026$PTop End of FY26 Guidance Delivered at KGP
1 July 2026$PDivestment of the Big Springs Gold Project
1 July 2026SNM: Sentinel to acquire the 1.0Moz Big Springs Gold Project
29 June 2026$PFederal Environmental Approval Received for MGGP
22 June 2026Change in substantial holding
9 June 2026Ceasing to be a substantial holder
29 May 2026Application for quotation of securities - CMM
15 May 2026Cleansing Notice
15 May 2026Application for quotation of securities - CMM
11 May 2026Change of Director's Interest Notice
6 May 2026Investor Presentation - Macquarie Australia Conference
28 Apr 2026Change in substantial holding
28 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
27 Apr 2026$PExceptional Results at Lexington Confirm Growing UG at MGGP
24 Apr 2026Application for quotation of securities - CMM
15 Apr 2026Grant of FY26 Financial Reporting Relief for Warriedar

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