PMET RESOURCES INC.
ASX:PMTMaterialsToday’s holders own 99.5% of what they think they own, once every option and right converts.
2 cash raises in 24 months; recent proposed issue, issue not on record
Low because 3 of its 5 signals are quiet.
PMET RESOURCES INC. held 1.86B ordinary shares as of its latest filing in June 2026, but its share-count history from ASX Appendix 2A filings is too short for a growth figure. The company raised capital twice in the past 24 months for total proceeds of A$138.1M, most recently a A$137.7M placement in February 2026. Options and rights on issue could convert into 10M new shares, equal to 0.5% of the current share count, with none in the money; the nearest expiry is August 2028. The company has no current quarterly or half-year/annual cash report runway figure on record. No proposed securities issues are pending.
Quick answers · 3
When did PMT last raise capital?
The last capital raise in Pmet Resources's filings is Placement of $137.7M announced 10 Feb 2026, one of 2 cash raises in 24 months.
How much placement capacity does PMT have left?
About 91% of the 15% placement capacity left, about 9% 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.
When do PMT's options expire?
Unexercised options and rights equal 0.5% of Pmet Resources's shares on issue; the nearest expiry is Aug 2028.
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 |
|---|---|---|---|---|
| 2 June 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS | 622.7M | Appendix 3G |
| 2 June 2026 | 3G · unquoted | PMT : CHESS DEPOSITARY INTERESTS 10:1 | 622.7M | Appendix 3G |
| 22 May 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS | 622.7M | Appendix 3G |
| 16 Apr 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS | 605.8M | Appendix 3G |
| 10 Apr 2026 | 3G · unquoted | PMT : CHESS DEPOSITARY INTERESTS | 605.8M | Appendix 3G |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (622.7M) need not equal the current count above (1.86B).
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
2 cash raises in the last 24 months · 2 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 · Drill program completion (to complete)
- by end 2026 · Updated MRE and development studies release (to complete)
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
- Price-triggered6.3M · 0.3% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered3.8M · 0.2% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 6.3M priced, 3.8M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
At $0.34 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 10× today’s price, which takes it to 500k (0.0% 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.
- 3.8M (37.7% 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.
- 5.8M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| PMTAAD | Options | Price-triggered | $4.60 | 29 Aug 2028 | 400k | Filing |
| PMTAC | Options | Price-triggered | $4.67 | 9 Dec 2028 | 150k | Filing |
| PMTAY | Options | Price-triggered | $8.48 | 24 Jan 2029 | 690k | Filing |
| PMTAX | Options | Price-triggered | $9.78 | 24 Jan 2029 | 658k | Filing |
| PMTAAC | Options | Price-triggered | $1.93 | 14 Apr 2029 | 500k | Filing |
| — | Options | Price-triggered | $6.57 | 27 May 2029 | 200k | Filing |
| PMTAAE | Options | Price-triggered | $3.69 | 16 Nov 2029 | 250k | Filing |
| — | Options | Price-triggered | $6.57 | 27 May 2030 | 300k | Filing |
| PMTAB | Options | Price-triggered | $4.67 | 9 Dec 2030 | 3.1M | Filing |
| PMTAZ | — | Condition-triggered | — | — | 332k | Filing Meeting |
| PMTAV | — | Condition-triggered | — | — | 1.7M | Filing Meeting |
| PMTAW | Performance shares | Condition-triggered | — | — | 1.7M | Filing 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 9 Apr 2026 | Ken Brinsden | Other incentive | 8k | — | — | — | 3Y notice |
| 9 Jan 2026 | Ken Brinsden | Other incentive | 2k | — | — | — | 3Y notice |
| 17 Dec 2025 | Blair Way | Other off-market | 376k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.