Capital Signal

Latrobe Magnesium Limited (ASX: LMG)

Sector: Materials

Market cap: A$52M (as of 2 Nov 2026)

Magnesium

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
28 Oct 2026Rights issue$3.4M$0.01—Filing ↗
22 Sept 2026Placement$5.1M$0.016.8% discountFiling ↗
13 July 2026Placement$4M$0.01—Filing ↗
6 Nov 2025Rights issue$3.291M$0.02—Filing ↗
7 May 2025SPP$0.837M$0.01—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
27 Nov 2025D O Paterson and Rimotran Pty LtdDecrease6.250% → 5.760%Filing ↗
30 Sept 2025Rimotran Pty Ltd <DP Super A/C> / David Oliver PatersonEntry?% → 5.57%Filing ↗
30 Sept 2024Rimotran Pty Ltd <DP Super A/C>Entry?% → 6.25%Filing ↗
12 Aug 2024D O Paterson and Rimotran Pty LtdDecrease10.090% → 6.250%Filing ↗
7 June 2021Famallon Pty LtdDecrease7.850% → 7.840%Filing ↗

Director trades — on-market

DateDirectorTradeSource
28 Nov 2023Mr Peter Campbell ChurchBought 400,000 sharesFiling ↗
31 July 2023John Robert LeeBought 500,000 sharesFiling ↗
9 Dec 2022Michelle Leanne BlackburnBought 254,870Filing ↗
4 June 2021Kevin Anthony TorpeySold 200,000 shares – Famallon Pty Ltd <Famallon No.2 S/F A/C>Filing ↗
27 May 2021Kevin Anthony TorpeySold 100,000 shares – Famallon Pty Ltd <Famallon No.2 S/F A/C>Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$3M30 Sept 2026Filing ↗
Runway2.9 quarters30 Sept 2026Filing ↗

Ask about LMG in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

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