Companies / CPM

COOPER METALS LIMITED

ASX:CPMMaterials
115.0M shares on issueASX (delayed) · as of 28 July 2026$0.065price · delayed$7.2Mmarket cap · indicative
C
Dilution grade

Share count grew 44% in 24 months; 2 cash raises in 24 months; options/rights overhang 18% of shares

Cash runway46.1 quarters of funding
Share-count growth (24m)44.1%
Raise cadence (24m)2 cash raises
Options & rights overhang18.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

COOPER METALS LIMITED's ordinary share count grew 44.1% between February 2024 and July 2026, to 113M shares. The company raised capital twice in that period for total disclosed proceeds of A$2.1M, most recently a A$1.1M placement in April 2026. Options and rights on issue could convert into 21M new shares, equal to 18.4% of the current share count, of which 0% are in the money at the current share price; the nearest expiry is November 2026. At the June 2026 quarter the company reported A$17.0M in cash, representing about 46.1 quarters of cover. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in April 2027.

AI-generated summary of this page's cited filings · updated 28 July 2026
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18.4%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
46.1 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 115.0M per ASX (delayed) (28 July 2026).
86.0M96.7M107.3MDec 24Sept 25July 26Cash raise · 16 Apr 2026Cash raise · 16 Apr 2026

Cash runway

46.1 qtrs
More than four quarters of funding at the recent spend rate.
$17.0M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
20 July 20262A · quoted issueCPM : ORDINARY FULLY PAID100.0MAppendix 2A
20 July 20262A · quoted issueCPM : ORDINARY FULLY PAID112.9MAppendix 2A
20 July 20263G · unquotedCPM : ORDINARY FULLY PAID97.9MAppendix 3G
20 July 20263G · unquotedCPM : ORDINARY FULLY PAID97.9MAppendix 3G
28 Apr 20262A · quoted issueCPM : ORDINARY FULLY PAID97.9MAppendix 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

$1.1M
Placement
16 Apr 2026 COMPLETE
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

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

18.4%
Total overhang · of current shares
0.0%
In the money · at current price
21.1M
Potential new shares
Nov 2026
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
20 July 2026Tim ArmstrongBuy350k2.0M$18k3Y notice
20 July 2026Andrew McLeodBuy200k600k$10k3Y notice
20 July 2026Michael FrayneBuy1.5M1.8M$75k3Y 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$PQuarterly Activities Report and Appendix 5B
23 July 2026Change of Director's Interest Notice x 3
21 July 2026Becoming a substantial holder from A1M
20 July 2026Notification regarding unquoted securities - CPM
20 July 2026Notification regarding unquoted securities - CPM
20 July 2026Notice Under Section 708A
20 July 2026Application for quotation of securities - CPM
20 July 2026Application for quotation of securities - CPM
19 July 2026Completion of Pyramid Gold Project Acquisition
13 July 2026Amended - RC Drilling Completed at Ardmore North and Attina
10 July 2026Results of Meeting
8 July 2026Maiden RC Drilling Completed at Ardmore North and Attina
1 July 2026Change of Director's Interest Notice
28 June 2026Drilling Commences at Ardmore North Cu-Au Prospect
15 June 2026$PSite Works & Heritage Clearance at Ardmore North & Attina
10 June 2026Notice of General Meeting/Proxy Form
10 June 2026Letter to Shareholders - Notice of General Meeting
20 May 2026Drilling contractor appointed for upcoming drilling program
17 May 2026Investor Presentation
14 May 2026Ceasing to be a substantial holder

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