ITECH MINERALS LTD
ASX:ITMMaterialsToday’s holders own 97.3% of what they think they own, once every option and right converts.
Share count grew 40% in 24 months; runway 4–8 quarters; 1 cash raise in 24 months
ITECH MINERALS LTD's ordinary share count rose 39.9% between August 2024 and September 2025 to 239M shares. In this period the company completed one capital raise, a Placement and SPP in September 2025 for total proceeds of A$2.0M. Options on issue could convert into 7M new shares, representing a 2.8% overhang; none are in the money at the current share price. No expiry date for these securities is on record. The company reports more than 4 quarters of funding at the recent spend rate, based on its June 2026 quarterly. No proposed securities issues are pending.
Quick answers · 5
When did ITM last raise capital?
The last capital raise in Itech Minerals's filings is Placement and SPP of $2.0M announced 2 Sept 2025, one of 1 cash raises in 24 months.
How much placement capacity does ITM have left?
None of the 15% placement capacity counted as used in the last 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 ITM have?
In its quarterly cash report for the quarter ended 30 June 2026, Itech Minerals reported $4.0M of cash and estimated 6.5 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does ITM have outstanding?
Unexercised options and rights equal 2.8% of Itech Minerals's shares on issue.
How much has ITM's share count grown?
Itech Minerals has 238.9M shares on issue as at 28 Oct 2026, up 39.9% 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 |
|---|---|---|---|---|
| 1 Sept 2026 | 3H · cancellation | ITM : ORDINARY FULLY PAID | 238.9M | Appendix 3H |
| 3 Feb 2026 | 3H · cancellation | ITM : ORDINARY FULLY PAID | 238.9M | Appendix 3H |
| 24 Nov 2025 | 3G · unquoted | ORDINARY FULLY PAID | 238.9M | Appendix 3G |
| 22 Oct 2025 | 3H · cancellation | ITM : ORDINARY FULLY PAID | 238.9M | Appendix 3H |
| 26 Sept 2025 | 2A · quoted issue | ITM : ORDINARY FULLY PAID | 238.9M | 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
1 cash raise in the last 24 months · 0 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.
- November 2026 · diamond drilling commencement (to start)
- by end 2026 · detailed soil 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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 6.6M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| ITMAD | Performance rights | Condition-triggered | — | — | 6.6M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 3 Feb 2026 | Gary FERRIS | Sell incentive | — | — | 750k | — | 3Y notice |
| 3 Feb 2026 | Glenn DAVIS | Sell incentive | 995k | — | 1.3M | — | 3Y notice |
| 3 Feb 2026 | Michael SCHWARZ | Sell incentive | 4.1M | — | 1.3M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.