Capital Signal

Empire Resources Limited (ASX: ERL)

Sector: Materials

Market cap: A$17M (as of 2 Nov 2026)

Mineral exploration

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
11 Feb 2026Placement$5M$0.010%Filing ↗
9 Apr 2024Rights issue$0.74M$0.00—Filing ↗
7 Dec 2022Rights issue$0.52M——Filing ↗
2 Dec 2021Rights issue$0.88M——Filing ↗
29 Oct 2021Rights issue$1.56M$1.20—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
18 Feb 2026Paragon IM Pty LtdEntry?% → 8.900%Filing ↗
26 Sept 2025Michael Ruane GroupEntry?% → 38.3%Filing ↗
24 Sept 2024Michael Ruane GroupEntry?% → 36.64%Filing ↗
16 May 2024Bill Brooks Pty Ltd <Bill Brooks Super Fund A/C>Entry?% → 8.800%Filing ↗
15 May 2024Mr Michael RuaneIncrease35.880% → 36.290%Filing ↗

Director trades — on-market

DateDirectorTradeSource
28 Oct 2026Dr Michael RuaneBought 2,000,000Filing ↗
26 Aug 2026Dr Michael RuaneBought 922,722Filing ↗
4 Aug 2026Dr Michael RuaneBought 1,500,000Filing ↗
7 July 2026Dr Michael RuaneBought 1,000,000Filing ↗
6 July 2026Dr Michael RuaneBought 2,000,000Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$3M30 Sept 2026Filing ↗
Runway4.5 quarters30 Sept 2026Filing ↗

Ask about ERL in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

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Empire Resources Limited (ASX: ERL): capital raises, holders, director trades | Capital Signal