Companies / STN

SATURN METALS LIMITED

ASX:STNMaterials
547.3M shares on issueASX (delayed) · as of 28 July 2026$0.45price · delayed$246.3Mmarket cap · indicative
C
Dilution grade

Share count grew 96% in 24 months; runway 4–8 quarters; 2 cash raises in 24 months

Cash runway4.9 quarters of funding
Share-count growth (24m)95.7%
Raise cadence (24m)2 cash raises
Options & rights overhang4.9% of shares
In-the-money supply1.0% of shares
Pending proposed issuesnone

SATURN METALS LIMITED's ordinary share count grew 95.7% between July 2024 and June 2026, to 547M shares. The company raised capital twice in that period for total disclosed proceeds of A$77.3M, most recently A$45.0M in September 2025. Options and rights on issue could convert into 27M new shares, equal to 4.9% of the current share count, with 1% in the money and the nearest expiry in November 2026. At the March 2026 quarter the company reported A$39.5M in available cash, representing about 4.9 quarters of funding at its recent spending 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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4.9%
Max option dilution
1.0%
ITM option dilution
1
Raises · last 12 months
4.9 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 547.3M per ASX (delayed) (28 July 2026).
358.9M428.1M497.2MDec 24Sept 25July 26Cash raise · 29 Sept 2025Cash raise · 27 Mar 2025

Cash runway

4.9 qtrs
More than four quarters of funding at the recent spend rate.
$39.5M available cash at quarter ended 31 Mar 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 31 Mar 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
1 July 20263G · unquotedSTN : ORDINARY FULLY PAID547.3MAppendix 3G
1 July 20263H · cancellationSTN : ORDINARY FULLY PAID547.3MAppendix 3H
12 June 20263H · cancellationSTN : ORDINARY FULLY PAID546.8MAppendix 3H
12 June 20262A · quoted issueSTN : ORDINARY FULLY PAID547.3MAppendix 2A
9 Apr 20263H · cancellationSTN : ORDINARY FULLY PAID546.8MAppendix 3H
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

2 cash raises in the last 24 months · 1 in the last 12 months

$45.0M
Capital raise
29 Sept 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

4.9%
Total overhang · of current shares
1.0%
In the money · at current price
26.7M
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
30 June 2026Ian BamboroughSell———3Y notice
16 June 2026Warren HallamBuy62k——3Y notice
12 June 2026Warren HallamBuy62k——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

26 July 2026$PTrading Halt
23 July 2026Exploration Tenements Granted at the Aquarius Gold Prospect
20 July 2026Key Apollo Hill Mining Lease Granted
7 July 2026Company Presentation - Rule Symposium
1 July 2026Notification regarding unquoted securities - STN
1 July 2026Change of Director's Interest Notice
1 July 2026Notification of cessation of securities - STN
17 June 2026Change of Director's Interest Notice
12 June 2026Change of Director's Interest Notice
12 June 2026Notice Under Section 708A(5)(e) of the Corporations Act
12 June 2026Notification of cessation of securities - STN
12 June 2026Application for quotation of securities - STN
2 June 2026Shareholder and Investor Webinar
2 June 2026$PApollo Hill Gold Resource Jumps By 590,000 Ounces to 2.83Moz
2 June 2026$PStrong Drill Results Continue to Grow the Titan Lode
19 May 2026$PDrilling Results Strengthen Resource Upgrade Potential
14 May 2026$PNative Title Mining Agreement - Apollo Hill Gold Project
4 May 2026Presentation - RIU Resources Round-Up
29 Apr 2026$PQuarterly Activities and Cashflow Report
20 Apr 2026$PSale of West Wyalong Gold Project

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