Companies / MAG

MAGMATIC RESOURCES LIMITED

ASX:MAGMaterials
502.2M shares on issueASX (delayed) · as of 28 July 2026$0.025price · delayed$13.6Mmarket cap · indicative
C
Dilution grade

Runway 2–4 quarters; share count grew 20% in 24 months; 2 cash raises in 24 months

Cash runway2.3 quarters of funding
Share-count growth (24m)20.4%
Raise cadence (24m)2 cash raises
Options & rights overhang3.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

MAGMATIC RESOURCES LIMITED's ordinary share count grew 20.4% between May 2024 and October 2025, to 502M shares. The company raised capital twice in that period for total proceeds of A$6.0M, most recently a A$3.0M placement in October 2025. Options and rights could convert into 18M new shares, equal to 3.6% of the current share count, with 0% in the money and the nearest expiry in December 2027. At the March 2026 quarter the company reported A$4.2M in available cash, covering about 2.3 quarters 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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3.6%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
2.3 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 502.2M per ASX (delayed) (28 July 2026).
434.9M459.6M484.3MDec 24Sept 25July 26Cash raise · 15 Oct 2025Cash raise · 15 Oct 2025

Cash runway

2.3 qtrs
Two to four quarters of funding at the recent spend rate.
$4.2M 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
30 Jan 20263G · unquotedMAG : ORDINARY FULLY PAID502.2MAppendix 3G
1 Jan 20263H · cancellationMAG : ORDINARY FULLY PAID502.2MAppendix 3H
7 Nov 20253G · unquotedMAG : ORDINARY FULLY PAID502.2MAppendix 3G
26 Oct 20252A · quoted issueMAG : ORDINARY FULLY PAID502.2MAppendix 2A
25 Aug 20252A · quoted issueMAG : ORDINARY FULLY PAID453.1MAppendix 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 · 2 in the last 12 months

$3.0M
Placement
15 Oct 2025 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

3.6%
Total overhang · of current shares
0.0%
In the money · at current price
18.0M
Potential new shares
Dec 2027
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
31 Dec 2025David BerrieSell13.2M1.5M—3Y notice
31 Dec 2025David RichardsonSell48.4M3.0M—3Y notice
7 Nov 2025David BerrieOther13.2M1.5M$33k3Y 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

22 July 2026Investor Presentation - Noosa Mining Conference 2026
21 July 2026$PGold Intercepts Upgrade Weebo Project Exploration Potential
22 June 2026Release of Securities from Voluntary Escrow
17 June 2026$PPhase 3 Drill Program Completed at Weebo Gold Project
15 June 2026Change of Company Secretary and Registered Office
28 May 2026$PPhase 3 Drill Program commenced at Weebo Gold Project
20 May 2026$PPhase 3 Drill Program Commences at Weebo Gold Project
5 May 2026Investor Presentation - RIU Sydney Resources Round-Up 2026
3 May 2026$PExploration Results from Myall FJVA Copper-Gold Project
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
19 Mar 2026Retirement of Chief Financial Officer
12 Mar 2026Half Yearly Report and Accounts
18 Feb 2026Investor Presentation - RIU Explorer's Conference
17 Feb 2026$PWeebo Gold Project Exploration Update and latest AC Results
6 Feb 2026Resignation of Joint Company Secretary
30 Jan 2026Notification regarding unquoted securities - MAG
29 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
29 Jan 2026Update - Proposed issue of securities - MAG
27 Jan 2026$PConfirmed Shallow Gold Mineralisation at Weebo Gold Project
20 Jan 2026Appointment of Chief Technical Adviser

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