PANTHER METALS LTD
ASX:PNTMaterialsShare count grew 368% in 24 months; runway 2–4 quarters; 3 cash raises in 24 months
PANTHER METALS LTD's ordinary share count grew 368.5% between January 2024 and December 2025, to 408M shares. The company raised capital three times in that period for total disclosed proceeds of A$3.7M, most recently A$817K in October 2025. Options and rights on issue could convert into 154M new shares, equal to 37.6% of the current share count, with 0% in the money at the current share price and the nearest expiry in May 2027. At the March 2026 quarter the company reported A$543K in available cash, equivalent to 2.0 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are 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 | Total on issue after | Source |
|---|---|---|---|---|
| 23 Dec 2025 | 2A · quoted issue | PNT : ORDINARY FULLY PAID | 408.4M | Appendix 2A |
| 4 Dec 2025 | 3H · cancellation | PNT : ORDINARY FULLY PAID | 306.3M | Appendix 3H |
| 4 Dec 2025 | 2A · quoted issue | PNT : ORDINARY FULLY PAID | 369.0M | Appendix 2A |
| 20 Oct 2025 | 2A · quoted issue | PNT : ORDINARY FULLY PAID | 306.3M | Appendix 2A |
| 8 May 2025 | 3G · unquoted | PNT : ORDINARY FULLY PAID | 300.9M | Appendix 3G |
Capital raises
3 cash raises in the last 24 months · 1 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.