Companies / HTM

HIGH-TECH METALS LTD

ASX:HTMMaterials
105.3M shares on issueASX (delayed) · snapshot 28 Oct 2026107.5M fully diluted+2.1% if every option and right converts$0.24price · delayed$25.3MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Today’s holders own 98.0% of what they think they own, once every option and right converts.

Low
Dilution risk

Share count grew 221% in 24 months; 2 cash raises in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway9.2 quarters of funding
Share-count growth (24m)220.6%
Raise cadence (24m)2 cash raises
Options & rights overhang2.1% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

HIGH-TECH METALS LTD's ordinary share count grew 220.6% between January 2025 and February 2026, its latest share-count filing, to 105M shares. The company completed two capital raises in the past 24 months for total disclosed proceeds of A$4.3M, most recently a A$750K placement in February 2026. Options and rights on issue could convert into 2M new shares, equal to 2.1% of the current share count, none of which are in the money, and no expiry date for these securities has been disclosed. The company reports more than 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 28 Oct 2026
Quick answers · 5

When did HTM last raise capital?

The last capital raise in High-Tech Metals's filings is Placement of $750k announced 4 Feb 2026, one of 2 cash raises in 24 months.

How much placement capacity does HTM have left?

About 67% of the 15% placement capacity left, about 33% 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 HTM have?

In its quarterly cash report for the quarter ended 30 Sept 2026, High-Tech Metals reported $8.9M of cash and estimated 9.5 quarters of funding available at its current rate of spending. That is the company's own estimate.

How many options and rights does HTM have outstanding?

Unexercised options and rights equal 2.1% of High-Tech Metals's shares on issue.

How much has HTM's share count grown?

High-Tech Metals has 105.3M shares on issue as at 28 Oct 2026, up 220.6% over 24 months according to its Appendix 2A filings.

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2.1%
Options & rights overhang
—
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply · no stated strikes
1
Raises · last 12 months
9.2 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 105.3M per ASX (delayed) (snapshot 28 Oct 2026).
50M75M100MDec 24Nov 25Oct 26Cash raise · 4 Feb 2026Cash raise · 26 Feb 2025105.3M

Cash runway

9.2 qtrs OURS
More than four quarters of funding at the recent spend rate.
Funds operations to about Feb 2029 at the reported spend rate.
$8.6M cash after burn.
FILED 9.5 qtrs · $8.9M cash · quarter ended 30 Sept 2026
OURS our estimate, carried to todayOURSOur estimate for today. We take the cash in the company’s latest cash report, deduct spending since at its reported rate, and, for quarterly filers, add raises announced after it. It moves daily; announced money may not all be received yet.$8.9M cash at 30 Sep 2026 − $0.3M spent ($937k a quarter × 28 days) = $8.6M left → 9.2 qtrsFILED as the company reportedFILEDAs the company stated it in its latest cash report. Dated to the end of that period, it does not change until the next report.
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12 cash reports on record — Cash runway history
Cash, net spend and cover trend from every Appendix 4C/5B and 4D/4E on record up to 30 Sept 2026.
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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)

DateFormSecurityOn issue, per this filingSource
12 Oct 20263H · cancellationHTM : ORDINARY FULLY PAID105.3MAppendix 3H
5 Feb 20262A · quoted issueHTM : ORDINARY FULLY PAID105.3MAppendix 2A
21 Jan 20263H · cancellationHTM : ORDINARY FULLY PAID59.4MAppendix 3H
21 Jan 20262A · quoted issueHTM : ORDINARY FULLY PAID38.3MAppendix 2A
13 Jan 20262A · quoted issueHTM : ORDINARY FULLY PAID64.0MAppendix 2A
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14 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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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.

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Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
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Capital raises

2 cash raises in the last 24 months · 1 in the last 12 months

every 11.3 monthsaverage gap between raises
8.7 monthssince the most recent
26 Feb 2025 – 4 Feb 2026first to most recent in this window
$750k
Placement
At 25.0c, 21.9% below the last close
4 Feb 2026 COMPLETE
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3 issues (incl. 1 exercise or conversion) on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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 · Aggressive drilling program (planned)
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1 event on record — The company's own words
The sentence each date comes from, the report it was in, and a link to it.
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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.

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Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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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.

About 67% of the 15% placement capacity left — about 33% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-10-28). Shares issued with holder approval are not added to the base, so the true headroom can be higher.
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Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

2.1%
Options & rights overhang · of current shares
—
In-the-money supply · no stated strikes
2.2M
Potential new shares
—
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 2.2M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
HTMAIRightsCondition-triggered——2.2MFiling Meeting

“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.

A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.

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1 option line on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
7 Oct 2026CRISTIAN CAMILO MORENO GOMEZBuy on-market143k——$38k3Y notice
19 Jan 2026CHARLES WILLIAM THOMASOther323k—1.1M$80k3Y notice
19 Jan 2026QUINTON MEYERSSell—725k——3Y notice
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12 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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 Oct 2026.