CENTAURUS METALS LIMITED
ASX:CTMMaterialsToday’s holders own 94.2% of what they think they own, once every option and right converts.
Runway 2–4 quarters; share count grew 16% in 24 months; 3 cash raises in 24 months
Between September 2024 and September 2026, its latest share-count filing, CENTAURUS METALS LIMITED's ordinary share count rose 15.6% to 574M shares. The company raised capital three times in the 24-month window for total disclosed proceeds of A$23.6M, most recently a Placement in October 2026. Options and rights could convert into 35M new shares, representing a 6.1% overhang, with none in the money and the nearest expiry in November 2027. The company has 2 to 4 quarters of funding at the recent spend rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in October 2026.
Quick answers · 6
Why was CTM in a trading halt?
Centaurus Metals requested a trading halt on 26 Oct 2026, giving the reason "Pending release of announcement regarding completion of new offtake agreements with strategic funding for the Jaguar Nickel Sulphide Project". Trading was expected to resume 28 Oct 2026.
Is CTM raising capital?
Centaurus Metals has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026.
How much placement capacity does CTM have left?
Under 1% of the 15% placement capacity left, about 99% 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 CTM have?
In its quarterly cash report for the quarter ended 30 June 2026, Centaurus Metals reported $17.5M of cash and estimated 6.0 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do CTM's options expire?
Unexercised options and rights equal 6.1% of Centaurus Metals's shares on issue; the nearest expiry is Nov 2027.
How much has CTM's share count grown?
Centaurus Metals has 574.4M shares on issue as at 28 Oct 2026, up 15.6% 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 |
|---|---|---|---|---|
| 7 Sept 2026 | 2A · quoted issue | CTM : ORDINARY FULLY PAID | 574.4M | Appendix 2A |
| 31 Aug 2026 | 2A · quoted issue | CTM : ORDINARY FULLY PAID | 571.3M | Appendix 2A |
| 21 Aug 2026 | 2A · quoted issue | CTM : ORDINARY FULLY PAID | 567.2M | Appendix 2A |
| 10 Aug 2026 | 3G · unquoted | CTM : ORDINARY FULLY PAID | 566.6M | Appendix 3G |
| 19 June 2026 | 2A · quoted issue | CTM : ORDINARY FULLY PAID | 566.6M | 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 · 1 in the last 12 months
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 · Surface mapping and sampling (planned)
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 $0.36 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 22.0M (3.8% 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.
- 13.0M (37.2% of the supply above) states a nil exercise price — nothing is paid to convert it, so no share price switches it on or off. It is the flat band, and it is not part of the in-the-money figure.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| CTMAC | Options | Price-triggered | $0.50 | 30 Nov 2027 | 22.0M | Filing |
| CTMAAB | Options | Price-triggered | Nil | 31 Dec 2027 | 3.9M | Filing |
| CTMAB | Options | Price-triggered | Nil | 31 Dec 2028 | 4.9M | Filing |
| CTMAD | Options | Price-triggered | Nil | 31 Dec 2029 | 4.2M | 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.
- CTMAZPrice-triggered525k securities → 021 Aug 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 31 Aug 2026 | Chris Banasik | Other entitlement/SPP | 42k | 42k | — | $21k | 3Y notice |
| 31 Aug 2026 | Darren Peter Gordon | Other entitlement/SPP | 42k | 42k | — | $21k | 3Y notice |
| 18 Aug 2026 | Bruno Rocha Scarpelli | Other | 79k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.