Companies / POL

POLYMETALS RESOURCES LTD

ASX:POLMaterials
308.1M shares on issueAppendix 2A · as of 18 Dec 2025$0.80price · delayed$236.8Mmarket cap · indicative
C
Dilution grade

Share count grew 59% in 24 months; 6 cash raises in 24 months

Cash runway9.4 quarters of funding
Share-count growth (24m)59.0%
Raise cadence (24m)6 cash raises
Options & rights overhang0.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

POLYMETALS RESOURCES LTD's ordinary share count rose 59.0% between July 2024 and December 2025 to 308M shares. The company completed six capital raises in the 24‑month window for total proceeds of A$89.0M, most recently raising A$34.4M in November 2025. Options and rights could convert into 1M new shares, equal to 0.4% of the current share count, with the nearest expiry in November 2026 and 0% in the money. At the June 2026 quarter the company reported A$33.3M in cash, representing 9.4 quarters of cover at its reported run‑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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0.4%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
9.4 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 308.1M per Appendix 2A (18 Dec 2025).
219.4M252.0M284.5MDec 24Sept 25July 26Cash raise · 28 Nov 2025Cash raise · 27 Nov 2025Cash raise · 4 July 2025Cash raise · 1 Apr 2025Cash raise · 10 Feb 2025Cash raise · 5 Feb 2025

Cash runway

—
Cover not computed for the latest quarter.
$33.3M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
9 Mar 20263H · cancellationPOL : ORDINARY FULLY PAID307.5MAppendix 3H
18 Dec 20252A · quoted issuePOL : ORDINARY FULLY PAID308.1MAppendix 2A
10 Dec 20252A · quoted issuePOL : ORDINARY FULLY PAID307.3MAppendix 2A
7 Dec 20253G · unquotedORDINARY FULLY PAID267.8MAppendix 3G
13 July 20252A · quoted issuePOL : ORDINARY FULLY PAID267.8MAppendix 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

6 cash raises in the last 24 months · 2 in the last 12 months

$34.4M
Capital raise
28 Nov 2025
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

0.4%
Total overhang · of current shares
0.0%
In the money · at current price
1.3M
Potential new shares
Nov 2026
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
6 Mar 2026Alistair Heatley BartonSell———3Y notice
6 Mar 2026David William SprouleSell———3Y notice
6 Mar 2026Jess OramSell———3Y 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

27 July 2026$PExchange of Endeavor Mine Rehabilitation Bond
22 July 2026Change in substantial holding
21 July 2026$PFurther High Grade Results from Main Lode-Amended
21 July 2026$PFurther high grade results from Endeavor Main Lode
13 July 2026$P30 June Quarterly Report
23 June 2026$PHigh-Grade results from Endeavor Main Lode
19 June 2026Change in substantial holding
14 May 2026Change in substantial holding
23 Apr 2026Becoming a substantial holder
15 Apr 2026Change in substantial holding
13 Apr 2026$PMarch 2026 Quarterly Report
9 Apr 2026Change in substantial holding
6 Apr 2026Change in substantial holding
26 Mar 2026Change in substantial holding
9 Mar 2026Appendix 3Y-Barton
9 Mar 2026Appendix 3Y-Oram
9 Mar 2026Appendix 3Y-Sproule
9 Mar 2026Notification of cessation of securities - POL
8 Mar 2026$PEndeavor Silver Mine
26 Feb 2026$PHalf Year Accounts

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