Capital Signal

Andromeda Metals Limited (ASX: ADN)

Sector: Materials

Market cap: A$26M (as of 2 Nov 2026)

Exploration and development of halloysite-kaolin deposits.

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
4 Sept 2026SPP$3.045M$0.01—Filing ↗
18 Nov 2025SPP$0.996M$0.02—Filing ↗
17 Oct 2025Placement$13M$0.0216.7% discountFiling ↗
27 June 2025Placement$5.71M$0.02—Filing ↗
20 May 2025Placement$5M$0.01—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
2 July 2025Citicorp Nominees Pty LimitedEntry?% → 17.69%Filing ↗
14 Oct 2024MORGAN STANLEY AUSTRALIA SECURITIES (NOMINEE) PTY LIMITEDEntry?% → 11.08%Filing ↗
26 Aug 2024Buratu Pty Ltd (as trustee for Connolly Super Fund) and Robert John ConnollyExit—Filing ↗
8 Mar 2022Buratu Pty Ltd (as trustee for Connolly Super Fund) and Robert John ConnollyDecrease7.480% → 5.300%Filing ↗
28 Feb 2022Andromeda Metals LimitedIncrease91.220% → 92.120%Filing ↗

Director trades — on-market

DateDirectorTradeSource
21 June 2023Austen David PerrinBought 939,598Filing ↗
24 May 2023Robert (Bob) KatsioulerisBought 11,950,000Filing ↗
16 Jan 2023Melissa Kate HolzbergerBought 384,615Filing ↗
13 Jan 2023James Edward MarshBought 1,902,153 ordinary sharesFiling ↗
10 Jan 2023Michael Francis WilkesBought 1,060,000Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$4M30 Sept 2026Filing ↗
Runway2.4 quarters30 Sept 2026Filing ↗

Ask about ADN in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

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