Capital Signal

Vital Metals Limited (ASX: VML)

Sector: Materials

Market cap: A$20M (as of 2 Nov 2026)

Explorer and developer focussing on rare earths with its Nechalacho project located in Canada.

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
25 Aug 2025Placement$6.8M$0.10—Filing ↗
17 Dec 2023Placement$5.9M$0.010%Filing ↗
1 Aug 2022Placement$45M$0.04—Filing ↗
18 Mar 2021Placement$43M$0.078.2% discountFiling ↗
28 Sept 2020Placement$8M$0.02—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
13 Apr 2026Benedict ChanIncrease6.949% → 11.110%Filing ↗
9 Jan 2026DACH S Capital AGExit—Filing ↗
6 Jan 2026Benedict ChanEntry?% → 6.9496%Filing ↗
2 Jan 2026Shenghe Resources (Singapore) Pte. Ltd.Increase8.040% → 9.970%Filing ↗
31 Dec 2025CANY Capital Fund LLCEntry?% → 19.980%Filing ↗

Director trades — on-market

DateDirectorTradeSource
1 Apr 2025Michael BrookBought 1,666,666 SharesFiling ↗
28 June 2024Michael BrookBought 833,333 SharesFiling ↗
28 June 2024Mr Richard CrookesBought 14,000,000 SharesFiling ↗
19 Dec 2023Dr Geordie MarkBought 15,000,000 SharesFiling ↗
9 Jan 2023John Andrew DorwardBought a) 215,858 shares; c) 1,000,000 Shares; d) 4,540,000 SharesFiling ↗

Cash and runway

MetricValueAs ofSource
CashA$2M30 Sept 2026Filing ↗
Runway1.9 quarters30 Sept 2026Filing ↗

Ask about VML in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

Loading VML…