Tolu Minerals Limited (ASX: TOK)

Sector: Materials

Market cap: A$319M (as of 2 Nov 2026)

Mineral Exploration

Data as of 2 Nov 2026.

Recent capital raises

Date	Type	Amount	Price	Discount	Source
9 Oct 2025	Placement	$60.5M	$1.20	26.4% premium	Filing ↗
30 Apr 2025	Placement	$27.25M	$0.80	9.6% discount	Filing ↗
23 Oct 2024	Placement	$26.7M	$0.80	21.6% discount	Filing ↗
18 Apr 2024	Placement	$8.8M	$0.50	13% discount	Filing ↗

Substantial holders — latest moves

Date	Holder	Move	Holding	Source
31 Mar 2026	ASA Gold and Precious Metals Limited	Unknown	—	Filing ↗
23 Mar 2026	PT Petrindo Jaya Kresasi Tbk and PT Petrosea Tbk	Entry	—	Filing ↗
24 Dec 2025	ASA Gold and Precious Metals Limited	Entry	?% → 9.900%	Filing ↗
8 Dec 2025	Peter McCoy	Entry	?% → 5.14%	Filing ↗
4 Sept 2025	Mackenzie Financial Corporation	Entry	?% → 5.120%	Filing ↗

Director trades — on-market

Date	Director	Trade	Source
4 May 2026	Howard Lole	Sold 1,000,000	Filing ↗
1 Apr 2026	Larry Andagali	Sold 1,000,000	Filing ↗
23 Oct 2025	Howard Lole	Sold 80,080	Filing ↗

Cash and runway

Metric	Value	As of	Source
Cash	A$57M	30 Sept 2026	Filing ↗
Runway	3.6 quarters	30 Sept 2026	Filing ↗

Ask about TOK in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

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