SKY METALS LIMITED
ASX:SKYMaterialsShare count grew 68% in 24 months; 3 cash raises in 24 months; runway 4–8 quarters
SKY METALS LIMITED's ordinary share count grew 68.2% between May 2024 and June 2026, to 992M shares. The company raised capital three times in that period for total disclosed proceeds of A$32.6M, most recently A$20.5M in February 2026. Options and rights on issue could convert into 29M new shares, equal to 3.0% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is December 2026. At the June 2026 quarter SKY METALS reported A$16.5M in available cash, about 4.8 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 |
|---|---|---|---|---|
| 7 July 2026 | 3G · unquoted | ORDINARY FULLY PAID | 992.3M | Appendix 3G |
| 3 June 2026 | 3H · cancellation | SKY : ORDINARY FULLY PAID | 988.4M | Appendix 3H |
| 3 June 2026 | 2A · quoted issue | SKY : ORDINARY FULLY PAID | 991.6M | Appendix 2A |
| 3 June 2026 | 2A · quoted issue | SKY : ORDINARY FULLY PAID | 989.1M | Appendix 2A |
| 19 May 2026 | 3G · unquoted | SKY : ORDINARY FULLY PAID | 988.4M | Appendix 3G |
Capital raises
3 cash raises in the last 24 months · 2 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.