YUGO METALS LIMITED
ASX:YUGMaterialsToday’s holders own 64.7% of what they think they own, once every option and right converts.
Share count grew 83% in 24 months; 3 cash raises in 24 months; options/rights overhang 55% of shares; since relisting as YUG; prior history under LYK not included
YUGO METALS LIMITED's ordinary share count increased 82.9% between August 2025 and October 2026, its latest share-count filing, to 431M shares. Following its rename from LYK, the company raised capital three times in the most recent 24 months for total proceeds of A$8.6M, the largest being a A$5.0M placement in June 2026. Options and rights on issue could convert into 235M new shares, representing 54.6% of current shares, with 9% in the money; the nearest expiry is July 2028. The company reports more than 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 3
When did YUG last raise capital?
The last capital raise in Yugo Metals's filings is Placement of $5.0M announced 2 June 2026, one of 3 cash raises in 24 months.
How much cash does YUG have?
In its quarterly cash report for the quarter ended 30 June 2026, Yugo Metals reported $6.3M of cash and estimated 6.2 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do YUG's options expire?
Unexercised options and rights equal 54.6% of Yugo Metals's shares on issue; the nearest expiry is July 2028.
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 |
|---|---|---|---|---|
| 9 Oct 2026 | 2A · quoted issue | YUG : ORDINARY FULLY PAID | 431.1M | Appendix 2A |
| 19 June 2026 | 2A · quoted issue | YUG : ORDINARY FULLY PAID | 413.1M | Appendix 2A |
| 19 June 2026 | 3G · unquoted | YUG : ORDINARY FULLY PAID | 410.0M | Appendix 3G |
| 10 June 2026 | 2A · quoted issue | YUG : ORDINARY FULLY PAID | 357.9M | Appendix 2A |
| 10 June 2026 | 2A · quoted issue | YUG : ORDINARY FULLY PAID | 409.3M | Appendix 2A |
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
3 cash raises in the last 24 months · 1 in the last 12 months · counted since relisting as YUG (7 July 2025); prior history under LYK is not included
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.
- by end 2026 · Drilling commencement (to start)
- by end 2026 · Drilling results availability (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 $0.044 today, 39.3M securities are in the money (9.1% of shares on issue). No more priced supply until 3× today’s price, which takes it to 123.8M (28.7% 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.
- 98.9M (42.0% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| YUGAH | Options | Price-triggered | $0.020 | 2 July 2028 | 39.3M | Filing |
| YUGOB | Options | Price-triggered, no exercise price stated | — | 15 Aug 2028 | 98.9M | Filing |
| YUGAA | Options | Price-triggered | $0.10 | 5 Dec 2028 | 83.9M | Filing |
| YUGAB | Options | Price-triggered | $0.10 | 17 Apr 2029 | 600k | Filing |
| YUGAC | Options | Price-triggered | $0.14 | 19 June 2029 | 12.5M | 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.
- YUGAGCondition-triggered34.8M securities → 02 Apr 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 9 June 2026 | Cameron Peacock | Buy on-market | 500k | — | — | $45k | 3Y notice |
| 2 Apr 2026 | David Wheeler | Other incentive | 2.0M | — | 2.0M | — | 3Y notice |
| 2 Apr 2026 | Mihajlo Matkovic | Other incentive | 2.0M | — | 2.0M | — | 3Y notice |
| 2 Apr 2026 | Petar Tomasevic | Other incentive | 10.0M | — | 10.0M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.