Capital Signal

Desert Metals Limited (ASX: DM1)

Sector: Materials

Market cap: A$6M (as of 2 Nov 2026)

Mining exploration

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
4 May 2026Rights issue$0.178M$0.00—Filing ↗
8 Dec 2025Placement$1.25M$0.01—Filing ↗
19 Feb 2025Placement$3.25M$0.02—Filing ↗
22 Jan 2024Placement$3.75M$0.03—Filing ↗
20 Nov 2022Placement$2.5M$0.27—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
10 Feb 2026Mr Jason PetersonEntry?% → 5.362%Filing ↗
21 Oct 2025Easy Drill SARLEntry?% → 5.310%Filing ↗
22 Jan 2024ANTONY WILLIAM WORTHExit1.920% → 0.030%Filing ↗
22 Jan 2024ROBERT ANGUS CASTLE STUARTExit1.960% → 1.940%Filing ↗
1 Dec 2022ROBERT ANGUS CASTLE STUART, FATHOM GEOPHYSICS AUSTRALIA PTY LTDDecrease18.840% → 14.300%Filing ↗

Director trades — on-market

DateDirectorTradeSource
10 Apr 2024Patrick FlintBought 500,000 - ORDINARY FULLY PAID SHARESFiling ↗

Cash and runway

MetricValueAs ofSource
CashA$238K30 Sept 2026Filing ↗
Runway1 quarters30 Sept 2026Filing ↗

Ask about DM1 in Claude or ChatGPT

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

  • Has DM1 raised money in the last year, and at what discount?
  • What was DM1's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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Desert Metals Limited (ASX: DM1): capital raises, holders, director trades | Capital Signal