Companies / TG6

TG METALS LIMITED

ASX:TG6Materials
120.5M shares on issueASX (delayed) · as of 28 July 2026$0.19price · delayed$22.3Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 70% in 24 months; 2 cash raises in 24 months

Cash runway-0.6 quarters of funding
Share-count growth (24m)69.5%
Raise cadence (24m)2 cash raises
Options & rights overhang11.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

TG METALS LIMITED's ordinary share count grew 69.5% between May 2024 and November 2025, to 121M shares. The company raised capital twice in the 24-month window for total disclosed proceeds of A$6.6M, most recently raising A$4.0M in September 2025. Options and rights on issue could convert into 14M new shares, equal to 11.6% of the current share count, with 0% of current shares in the money and the nearest expiry in February 2027. At the March 2026 quarter the company reported A$-1.4M in available cash, equal to -0.6 quarters of cover. 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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11.6%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
-0.6 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 120.5M per ASX (delayed) (28 July 2026).
81.5M95.8M110.2MDec 24Sept 25July 26Cash raise · 18 Sept 2025Cash raise · 30 July 2025

Cash runway

-0.6 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-1.4M 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
19 June 20263G · unquotedORDINARY FULLY PAID120.5MAppendix 3G
27 Feb 20263H · cancellationORDINARY FULLY PAID120.5MAppendix 3H
30 Jan 20263G · unquotedTG6 : ORDINARY FULLY PAID120.5MAppendix 3G
5 Dec 20253G · unquotedTG6 : ORDINARY FULLY PAID120.5MAppendix 3G
3 Nov 20252A · quoted issueTG6 : ORDINARY FULLY PAID120.5MAppendix 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

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

$4.0M
Capital raise
18 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

11.6%
Total overhang · of current shares
0.0%
In the money · at current price
14.0M
Potential new shares
Feb 2027
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
4 Dec 2025Richard BevanOther1.0M600k—3Y notice
4 Dec 2025Gloria ZhangOther1.4M600k—3Y notice
4 Dec 2025Brett SmithOther2.9M600k—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

21 July 2026$POre Processing Agreement Executed for Near-Term Cashflow
8 July 2026$PDrilling Supports Van Uden Heap Leach Growth Upside
5 July 2026$PHigh Grade to Further Enhance Heap Leach Study Metrics
19 June 2026Notification regarding unquoted securities - TG6
14 June 2026$PDrilling Extends Van Uden Gold Mineralisation to 4.3km
31 May 2026$PMining Lease Lodged for Burmeister Lithium DSO Development
27 May 2026Drilling to Increase Laterite Gold Resource Commences
18 May 2026$PLake Johnson Lithium Advances Toward Development
13 May 2026$PHigher Recoveries Enhance Van Uden Gold Project
6 May 2026Change in substantial holding from FRS
6 May 2026Investor Presentation - RIU Sydney Resource Round-Up
5 May 2026$PVan Uden Laterite Gold Targets Defined
29 Apr 2026$PHigh Recoveries Open Near Term Cashflow Opportunity
28 Apr 2026$PQuarterly Activities Report and Appendix 5B
20 Apr 2026Investor Presentation - April 2026
17 Apr 2026Notice under ASX Listing Rule 3.10A
15 Apr 2026$PSignificant Increase in Indicated Resource at Van Uden
31 Mar 2026Investor Presentation - AMEC WA
10 Mar 2026Half Yearly Report and Accounts
27 Feb 2026Notification of cessation of securities - TG6

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