Companies / VML

VITAL METALS LIMITED

ASX:VMLMaterialsSuspended from quotation
247.9M shares on issueASX (delayed) · as of 28 July 2026$0.10price · delayed$26.0Mmarket cap · indicative
NR
Dilution grade

Not rated — the company is suspended from quotation

Cash runwayno data — suspended — grade not computed
Share-count growth (24m)no data — suspended — grade not computed
Raise cadence (24m)0 cash raises
Options & rights overhangno dataconsolidation-adjusted
In-the-money supplyno data — no recent share price on record
Pending proposed issuesopen proposed issue (Appendix 3B)

VITAL METALS LIMITED’s ordinary share count stands at 248M as of April 2026; a share consolidation occurred on May 2025 (approximately 1-for-2.8) and the reported share-count figure is adjusted for that consolidation. The company completed two capital raises in the past 24 months for total disclosed proceeds of A$12.5M, most recently raising A$5.6M in October 2025. At the March 2026 quarter the company reported A$2.8M in available cash. No proposed securities issues (Appendix 3B) are currently pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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2.3%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
0.8 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. Adjusted for the 1-for-2.8 consolidation (22 May 2025). Latest count 247.9M per ASX (delayed) (28 July 2026).
145.2M182.9M220.6MJuly 25Jan 26July 26Cash raise · 14 Oct 2025Cash raise · 22 Aug 2025

Cash runway

0.8 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$2.8M 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
13 Apr 20262A · quoted issueVML : ORDINARY FULLY PAID247.9MAppendix 2A
29 Dec 20252A · quoted issueVML : ORDINARY FULLY PAID200.1MAppendix 2A
29 Dec 20252A · quoted issueVML : ORDINARY FULLY PAID183.1MAppendix 2A
16 Sept 20253G · unquotedORDINARY FULLY PAID146.5MAppendix 3G
4 Sept 20252A · quoted issueVML : ORDINARY FULLY PAID146.5MAppendix 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

$5.6M
Capital raise
14 Oct 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

consolidation-adjusted Figures rebased for the share consolidation in the last 24 months.

2.3%
Total overhang · of current shares
0.0%
In the money · at current price
5.6M
Potential new shares
Oct 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
24 Dec 2025David DikkenBuy18.7M—$2.0M3Y notice
24 Dec 2025Alexius ChanBuy800k—$84k3Y notice
15 Sept 2025Lisa RileyOther924k2.4M—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

17 July 2026Initial Director's Interest Notice
16 July 2026Appointment of Non-Executive Director
30 Apr 2026$PQuarterly Activities and Cash Flow Report
20 Apr 2026Update - Proposed issue of securities - VML
13 Apr 2026Change in substantial holding
13 Apr 2026Section 708A Cleansing Notice
13 Apr 2026Application for quotation of securities - VML
2 Apr 2026Proposed issue of securities - VML
2 Apr 2026Change to Managing Director Remuneration
26 Mar 2026Appointment of Non-Executive Chair
12 Mar 2026Half Year Accounts
8 Mar 2026$PFinal Assay Results Highlight Potential for New Discoveries
22 Feb 2026$PNechalacho Prospecting Delivers Ultra-High-Grade TREO
29 Jan 2026$PQuarterly Activities and Cash Flow Report
9 Jan 2026Ceasing to be a substantial holder
6 Jan 2026Becoming a substantial holder
2 Jan 2026Change in substantial holding
31 Dec 2025Becoming a substantial holder
30 Dec 2025Change in substantial holding
30 Dec 2025Change of Director's Interest Notice x 2

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