Companies / USM

UNION STAR METALS LTD

ASX:USMMaterials
570.4M shares on issueASX (delayed) · as of 28 July 2026$0.010price · delayed$5.7Mmarket cap · indicative
B
Dilution grade

Runway under 2 quarters

Cash runway0.7 quarters of funding
Share-count growth (24m)0.0%no issuance filings since 2024
Raise cadence (24m)0 cash raises
Options & rights overhang0.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

UNION STAR METALS LTD has no share-issuance (Appendix 2A) filings on record in the window, and no new share-issuance (Appendix 2A) filings lodged since January 2024. There were zero capital raises in the 24-month window. At the June 2026 quarter the company reported A$424K in available cash, covering 0.7 quarters at the 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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0.0%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
0.7 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 570.4M per ASX (delayed) (28 July 2026).
568.1M570.4M572.7MMar 26May 26July 26

Cash runway

0.7 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$424k available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 0 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

No issuance filings (Appendix 2A / 3G / 3H) on record.
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

No equity raises in the last 24 months.
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

No options or rights over unissued shares on record.

Director dealings

No director dealing notices (Appendix 3Y) on record.
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$PQuarterly Activities/Appendix 5B Cash Flow Report
23 July 2026Change in substantial holding
21 July 2026$PUSM to Divest Brazilian Rare Earth Portfolio
5 July 2026$PBinding Option Agreement for Sale of Kalgoorlie Gold Project
9 June 2026Corporate Presentation - Unlocking Gold Potential in Nevada
1 June 2026$PLarge Concealed Gold Target at Cobb Creek Ahead of Drilling
25 May 2026Release from Voluntary Escrow
13 May 2026Multi-Target Gold System Highlighted at Cobb Creek Nevada
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
12 Apr 2026Technical and Permitting Workstreams Advancing at Cobb Creek
10 Apr 2026Final Director's Interest Notice
10 Apr 2026Initial Director's Interest Notice
8 Apr 2026USM Establishes Nevada Gold Portfolio
24 Mar 2026PVW Rebrands to Union Star Metals Ltd

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