VENUS METALS CORPORATION LIMITED
ASX:VMCMaterialsToday’s holders own 97.5% of what they think they own, once every option and right converts.
Share count grew 6% in 24 months
VENUS METALS CORPORATION LIMITED's ordinary share count rose 5.6% between September 2024 and September 2026, its latest share-count filing, to 207M shares. The company has not conducted any capital raising in the past 24 months. Options and rights on issue could convert into 5M new shares, equal to 2.5% of the current share count, none of which are in the money at the current share price; the nearest expiry falls in November 2028. The company reports more than 4 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 4
How much placement capacity does VMC have left?
None of the 15% placement capacity counted as used in the last 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 VMC have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Venus Metals Corporation reported $15.1M of cash and estimated 16.0 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do VMC's options expire?
Unexercised options and rights equal 2.5% of Venus Metals Corporation's shares on issue; the nearest expiry is Nov 2028.
How much has VMC's share count grown?
Venus Metals Corporation has 207.2M shares on issue as at 28 Oct 2026, up 5.6% 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 |
|---|---|---|---|---|
| 10 Sept 2026 | 3G · unquoted | VMC : ORDINARY FULLY PAID | 207.2M | Appendix 3G |
| 4 Sept 2026 | 2A · quoted issue | VMC : ORDINARY FULLY PAID | 207.2M | Appendix 2A |
| 3 July 2026 | 2A · quoted issue | VMC : ORDINARY FULLY PAID | 206.3M | Appendix 2A |
| 19 June 2026 | 2A · quoted issue | VMC : ORDINARY FULLY PAID | 198.2M | Appendix 2A |
| 30 Jan 2026 | 3G · unquoted | VMC : ORDINARY FULLY PAID | 197.6M | Appendix 3G |
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
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.
- November 2026 · Stage 2 RC drilling results (results due)
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 $0.089 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 1.0M (0.5% 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 |
|---|---|---|---|---|---|---|
| — | Options | Price-triggered | $0.20 | 30 Nov 2028 | 1.0M | Filing |
| VMCAA | Options | Price-triggered | $0.30 | 30 Nov 2028 | 4.3M | 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.
- VMCAFCondition-triggered8.1M securities → 03 July 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 25 Sept 2026 | Matthew Hogan | Buy off-market | 9.2M | 2.4M | 5.5M | $978k | 3Y notice |
| 10 Sept 2026 | Matthew Hogan | Buy on-market | 1.2M | 1.4M | 4.5M | $13k | 3Y notice |
| 10 Sept 2026 | Simon Coxhell | Sell on-market | 150k | — | — | $25k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.