Companies / ENT

ENTERPRISE METALS LIMITED

ASX:ENTMaterials
1.67B shares on issueASX (delayed) · as of 28 July 2026$0.003price · delayed$3.3Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 52% in 24 months; 2 cash raises in 24 months

Cash runway-0.2 quarters of funding
Share-count growth (24m)52.5%
Raise cadence (24m)2 cash raises
Options & rights overhang11.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

ENTERPRISE METALS LIMITED's ordinary share count grew 52.5% between July 2024 and April 2026, to 1.67B shares. The company raised capital twice in that period for total disclosed proceeds of A$1.1M, most recently raising A$780K in June 2025. Options and rights on issue could convert into 193M new shares, equal to 11.6% of the current share count, none of which are in the money at the current share price; the nearest expiry is November 2026. At the March 2026 quarter the company reported A$-67K in available cash, equal to -0.2 quarters of cover. 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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11.6%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
-0.2 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 1.67B per ASX (delayed) (28 July 2026).
1.28B1.42B1.56BDec 24Sept 25July 26Cash raise · 30 June 2025

Cash runway

-0.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-67k 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
21 July 20263H · cancellationENT : ORDINARY FULLY PAID1.67BAppendix 3H
4 May 20263H · cancellationENT : ORDINARY FULLY PAID1.67BAppendix 3H
28 Apr 20263G · unquotedENT : ORDINARY FULLY PAID1.60BAppendix 3G
28 Apr 20263G · unquotedENT : ORDINARY FULLY PAID1.60BAppendix 3G
28 Apr 20262A · quoted issueENT : ORDINARY FULLY PAID1.67BAppendix 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 · 0 in the last 12 months

$780k
Capital raise
30 June 2025
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

11.6%
Total overhang · of current shares
0.0%
In the money · at current price
192.7M
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
12 June 2026Stephen HartOther69.7M—$53.4M3Y notice
25 Feb 2026Stephen HartSell11.0M11.0M—3Y notice
2 Dec 2025Dermot RyanOther—13$45k3Y 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

21 July 2026Notification of cessation of securities - ENT
30 June 2026Initial Director's Interest Notice
26 June 2026Change in substantial holding
26 June 2026Becoming a substantial holder
26 June 2026Board Appointment
26 June 2026Change in substantial holding
26 June 2026Becoming a substantial holder
19 June 2026Change of Director's Interest Notice
4 May 2026Notification of cessation of securities - ENT
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
28 Apr 2026Amendment to Cleansing Statement
28 Apr 2026Application for quotation of securities - ENT
28 Apr 2026Cancel - Notification regarding unquoted securities - ENT
28 Apr 2026Cleansing Statement
28 Apr 2026Notification regarding unquoted securities - ENT
18 Mar 2026Correction to Announcement - High Grade REE Drill Results
13 Mar 2026Half Yearly Report and Accounts
12 Mar 2026$PHigh Grade REE Drill Results at Cuddingwarra North, WA
10 Mar 2026$PTrading Halt
25 Feb 2026Change of Director's Interest Notice

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