Capital Signal

29metals Limited (ASX: 29M)

Sector: Materials

Market cap: A$446M (as of 2 Nov 2026)

Mineral exploration, development, and production

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
17 Feb 2026Rights issue$31M$0.40—Filing ↗
21 Jan 2026Rights issue$119M$0.4035.5% discountFiling ↗
24 Dec 2024Rights issue$26M$0.27—Filing ↗
5 Dec 2024Rights issue$154M$0.2727% discountFiling ↗
27 Sept 2023Rights issue$29M$0.69—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
20 Apr 2026AustralianSuper Pty LtdDecrease13.66% → 11.83%Filing ↗
25 Mar 2026Bukit Makmur Mandiri Utama Pte. Ltd. (BUMA Singapore); BUMA Australia Pty Ltd ACN 649 634 579 (BUMA Australia); PT BUMA Internasional Grup Tbk and its other controlled entities (DOID); and Souls Humanity Pte. Ltd. and its controlled entities (Souls Humanity)Increase20.890% → 22.130%Filing ↗
5 Mar 2026AustralianSuper Pty LtdDecrease15.16% → 13.66%Filing ↗
27 Feb 2026AustralianSuper Pty LtdDecrease17.11% → 15.16%Filing ↗
17 Feb 2026EMR Capital Holdings Pty LtdDecrease18.840% → 18.000%Filing ↗

Director trades — on-market

DateDirectorTradeSource
20 May 2026Ashish GuptaBought 200,000 sharesFiling ↗
4 May 2026Nick CernottaBought 250,000 sharesFiling ↗
31 Mar 2026Nick CernottaBought 54,261 sharesFiling ↗
31 Mar 2026Nick CernottaBought 29,791 sharesFiling ↗
16 Mar 2026Ashish GuptaBought 163,746 sharesFiling ↗

Cash and runway

MetricValueAs ofSource
CashA$128M30 Sept 2026Filing ↗

Latest guidance

DatePeriodGuidanceSource
21 Oct 2026CY2026Additional ore sources to deliver higher mine and mill throughput, production and sales in the Dec-Qtr. Guidance maintained.Filing ↗

Ask about 29M in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has 29M raised money in the last year, and at what discount?
  • What was 29M's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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