MATSA RESOURCES LIMITED
ASX:MATMaterialsSuspended from quotationToday’s holders own 89.1% of what they think they own, once every option and right converts.
Not rated — the company is suspended from quotation
This company is suspended from ASX quotation. Scoring is paused until it resumes trading. Not rated means no assessment — not low risk.
MATSA RESOURCES LIMITED's ordinary share count grew 71.8% between August 2024 and July 2026, reaching 971M shares. Over the past 24 months, the company completed four capital raises totalling A$15.8M, with the most recent being a A$10.0M placement in September 2025. Options and rights on issue could convert into 119M new shares, representing 12.2% of the current share count, with the nearest expiry in September 2027. As of the June 2026 quarter, the company reported A$-1.2M in available cash, covering -0.1 quarters of its recent spending rate. No proposed securities issues are currently pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 3 July 2026 | 2A · quoted issue | MAT : ORDINARY FULLY PAID | 971.2M | Appendix 2A |
| 22 Apr 2026 | 2A · quoted issue | MAT : ORDINARY FULLY PAID | 971.2M | Appendix 2A |
| 22 Mar 2026 | 2A · quoted issue | MAT : ORDINARY FULLY PAID | 971.1M | Appendix 2A |
| 11 Mar 2026 | 2A · quoted issue | MAT : ORDINARY FULLY PAID | 971.0M | Appendix 2A |
| 11 Feb 2026 | 2A · quoted issue | MAT : ORDINARY FULLY PAID | 957.5M | Appendix 2A |
Capital raises
3 cash raises in the last 24 months · 1 in the last 12 months
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.047 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 86.7M (8.9% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 9.0M (7.6% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| MATAS | Options | Price-triggered | $0.050 | 30 Sept 2027 | 86.7M | Filing |
| MATAC | Options | Price-triggered | $0.13 | 30 Sept 2028 | 22.9M | Filing |
| MATAA | Options | Price-triggered | — | — | 9.0M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 28 Jan 2026 | Pascal Blampain | Buy | 333k | — | — | $23k | 3Y notice |
| 20 Jan 2026 | Paul Poli | Sell | 333k | — | — | $23k | 3Y notice |
| 14 Jan 2026 | Andrew Chapman | Sell on-market | 300k | — | — | $43k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.