Capital Signal

Taruga Minerals Limited (ASX: TAR)

Sector: Materials

Market cap: A$21M (as of 2 Nov 2026)

Taruga Minerals Limited is a mineral exploration company with a focus on acquiring and developing highly prospective exploration projects in Australia and overseas.

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
15 Dec 2025Placement$1.5M$0.01—Filing ↗
19 Nov 2024Rights issue$0.131M——Filing ↗
4 Nov 2022Placement$3.5M$0.03—Filing ↗
9 Mar 2022SPP$0.162M$0.03—Filing ↗
2 Sept 2020Placement$4M$0.067.7% discountFiling ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
21 Oct 2026Paul Cronin & Admiralty Resources Management Pty LtdIncrease6.1% → 8.53%Filing ↗
21 Oct 2026Glamour Division Pty LtdIncrease9.62% → 12.01%Filing ↗
22 June 2026Glamour Division Pty LtdIncrease7.860% → 9.620%Filing ↗
22 June 2026Paul Cronin & Admiralty Resources Management Pty LtdEntry?% → 6.100%Filing ↗
9 Mar 2026Glamour Division Pty LtdEntry?% → 7.860%Filing ↗

Director trades — on-market

DateDirectorTradeSource
7 Aug 2026Mr Eric de MoriBought 2,600,000 Ordinary sharesFiling ↗
7 Dec 2023Mr Eric de MoriBought 3,000,000Filing ↗
10 June 2021Mr Eric de MoriBought 800,000 Fully paid ordinary sharesFiling ↗
10 June 2021Paul CroninBought 1,000,000 Fully paid ordinary sharesFiling ↗
10 Nov 2020Mr Eric de MoriBought 200,000 Fully paid ordinary sharesFiling ↗

Cash and runway

MetricValueAs ofSource
CashA$1M30 Sept 2026Filing ↗
Runway1.2 quarters30 Sept 2026Filing ↗

Ask about TAR in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

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