TAMBOURAH METALS LTD
ASX:TMBMaterialsShare count grew 204% in 24 months; options/rights overhang 55% of shares; runway 4–8 quarters
TAMBOURAH METALS LTD's ordinary share count grew 203.5% between September 2024 and February 2026, to 252M shares. The company raised capital twice in that 24-month window for total proceeds of A$1.9M, most recently A$948K in May 2025. Options and rights on issue could convert into 138M new shares, equal to 54.6% of the current share count, with 0% of current shares in the money; the nearest expiry is September 2026. At the March 2026 quarter the company reported A$4.6M in available cash, representing 7.7 quarters of cover. 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 |
|---|---|---|---|---|
| 27 Feb 2026 | 2A · quoted issue | TMB : ORDINARY FULLY PAID | 251.8M | Appendix 2A |
| 12 Jan 2026 | 2A · quoted issue | TMB : ORDINARY FULLY PAID | 251.6M | Appendix 2A |
| 4 Dec 2025 | 3G · unquoted | TMB : ORDINARY FULLY PAID | 251.6M | Appendix 3G |
| 20 Nov 2025 | 2A · quoted issue | TMB : ORDINARY FULLY PAID | 251.6M | Appendix 2A |
| 17 Nov 2025 | 3H · cancellation | TMB : ORDINARY FULLY PAID | 251.0M | Appendix 3H |
Capital raises
2 cash raises in the last 24 months · 0 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.