Capital Signal

RED Metal Limited (ASX: RDM)

Sector: Materials

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

Rare Earths Developer, Copper and gold explorer

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
30 Oct 2024SPP$6M$0.10—Filing ↗
18 Oct 2024SPP—$0.10—Filing ↗
11 Dec 2023Rights issue$4.5M$0.09—Filing ↗
16 Oct 2023Rights issue—$0.09—Filing ↗
22 Feb 2022Public offer$12M$0.20—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
31 Mar 2026RED METAL LIMITEDDecrease35.2% → ?%Filing ↗
16 Oct 2025RED METAL LIMITEDDecrease43.98% → 35.83%Filing ↗
29 Sept 2025Perth Capital Pty LtdEntry?% → 7.69%Filing ↗
30 Sept 2024Perth Capital Pty LtdEntry?% → 8.62%Filing ↗
17 June 2024RED METAL LIMITEDIncrease42.84% → 43.98%Filing ↗

Director trades — on-market

DateDirectorTradeSource
16 Oct 2025JOSHUA PITTBought 2,849,097Filing ↗
1 Nov 2024JOSHUA PITTBought 947,899 SharesFiling ↗
23 Aug 2023JOSHUA PITTBought 1,500,000Filing ↗
28 July 2023JOSHUA PITTBought 815,070Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$3M30 Sept 2026Filing ↗
Runway1.9 quarters30 Sept 2026Filing ↗

Ask about RDM in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

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