STRATA MINERALS LIMITED.
ASX:SMXMaterialsToday’s holders own 87.3% of what they think they own, once every option and right converts.
Share count grew 114% in 24 months; runway 2–4 quarters; 5 cash raises in 24 months
STRATA MINERALS LIMITED.'s ordinary share count grew 114.1% between September 2024 and October 2026, its latest share-count filing, to 409M shares. The company raised A$4.8M across 5 placements in that window, most recently a A$150K placement in June 2026. Options and rights on issue could convert into 60M new shares, equal to 14.6% of the current share count, none of which are in the money; the nearest expiry is in September 2027. The company has 2 to 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 5
When did SMX last raise capital?
The last capital raise in Strata Minerals's filings is Placement of $150k announced 1 June 2026, one of 5 cash raises in 24 months.
How much placement capacity does SMX have left?
About 63% of the 15% placement capacity left, about 37% 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.
How much cash does SMX have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Strata Minerals reported $1.4M of cash and estimated 3.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do SMX's options expire?
Unexercised options and rights equal 14.6% of Strata Minerals's shares on issue; the nearest expiry is Sept 2027.
How much has SMX's share count grown?
Strata Minerals has 408.5M shares on issue as at 28 Oct 2026, up 114.1% over 24 months according to its Appendix 2A filings.
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 Oct 2026 | 2A · quoted issue | SMX : ORDINARY FULLY PAID | 408.5M | Appendix 2A |
| 2 Oct 2026 | 3G · unquoted | SMX : ORDINARY FULLY PAID | 400.0M | Appendix 3G |
| 4 May 2026 | 2A · quoted issue | SMX : ORDINARY FULLY PAID | 400.0M | Appendix 2A |
| 29 Apr 2026 | 3H · cancellation | SMX : ORDINARY FULLY PAID | 321.2M | Appendix 3H |
| 9 Apr 2026 | 2A · quoted issue | SMX : ORDINARY FULLY PAID | 321.2M | Appendix 2A |
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
5 cash raises in the last 24 months · 3 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.
- October 2026 · Maiden JORC 2012 Mineral Resource Estimate (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
At $0.015 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 44.8M (11.0% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| SMXAV | Options | Price-triggered | $0.030 | 16 Sept 2027 | 10.0M | Filing |
| SMXABJ | Options | Price-triggered | $0.040 | 2 Dec 2027 | 4.8M | Filing |
| SMXABK | Options | Price-triggered | $0.060 | 2 Dec 2027 | 4.8M | Filing |
| SMXABL | Options | Price-triggered | $0.045 | 9 Apr 2028 | 7.5M | Filing |
| SMXABM | Options | Price-triggered | $0.030 | 5 Nov 2028 | 2.0M | Filing |
| SMXABN | Options | Price-triggered | $0.030 | 26 Feb 2029 | 8.0M | Filing |
| SMXAS | Options | Price-triggered | $0.030 | 28 May 2029 | 2.5M | Filing |
| SMXAT | Options | Price-triggered | $0.040 | 28 May 2029 | 2.5M | Filing |
| SMXAU | Options | Price-triggered | $0.060 | 28 May 2029 | 2.5M | Filing |
| — | Options | Price-triggered | $0.030 | 2 Oct 2029 | 15.0M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 13 July 2026 | Peter Woods | Buy on-market | 170k | — | — | $3k | 3Y notice |
| 6 July 2026 | Peter Woods | Buy on-market | 855k | — | — | $14k | 3Y notice |
| 29 June 2026 | Peter Woods | Buy on-market | 1.2M | — | — | $19k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.