Companies / EMH

EUROPEAN METALS HOLDINGS LIMITED

ASX:EMHMaterials
237.8M shares on issueAppendix 2A · as of 24 July 2026$0.24price · delayed$55.8Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 91% in 24 months; 4 cash raises in 24 months

Cash runway0.3 quarters of funding
Share-count growth (24m)91.1%
Raise cadence (24m)4 cash raises
Options & rights overhang1.6% of shares
In-the-money supply1.1% of shares
Pending proposed issuesnone

EUROPEAN METALS HOLDINGS LIMITED's ordinary share count grew 91.1% between March 2024 and July 2026, to 238M shares. The company raised capital four times in that period for total disclosed proceeds of A$12.9M, most recently a A$3.5M placement in January 2026. Options and rights on issue could convert into 4M new shares, equal to 1.6% of the current share count, of which 1% are in the money at the current share price; the nearest expiry is October 2028. At the March 2026 quarter the company reported A$303K in available cash, about 0.3 quarters of funding at its recent spending rate. 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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1.6%
Max option dilution
1.1%
ITM option dilution
4
Raises · last 12 months
0.3 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 237.8M per Appendix 2A (24 July 2026).
213.8M222.5M231.2MDec 24Sept 25July 26Cash raise · 20 Jan 2026Cash raise · 20 Jan 2026Cash raise · 15 Aug 2025Cash raise · 14 Aug 2025

Cash runway

0.3 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$303k 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
24 July 20262A · quoted issueEMH : ORDINARY FULLY PAID237.8MAppendix 2A
2 July 20263H · cancellationEMH : ORDINARY FULLY PAID237.6MAppendix 3H
25 June 20263G · unquotedEMH : ORDINARY FULLY PAID237.6MAppendix 3G
4 Mar 20263H · cancellationEMH : ORDINARY FULLY PAID237.6MAppendix 3H
29 Jan 20262A · quoted issueEMH : ORDINARY FULLY PAID237.6MAppendix 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

4 cash raises in the last 24 months · 4 in the last 12 months

$3.5M
Placement
20 Jan 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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

1.6%
Total overhang · of current shares
1.1%
In the money · at current price
3.7M
Potential new shares
Oct 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
24 June 2026Richard PavlikOther300k1.2M3Y notice
4 Mar 2025Richard PavlikSell3Y notice
4 Mar 2025Keith CoughlanSell3Y 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

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