Capital Signal

Waratah Minerals Limited (ASX: WTM)

Sector: Materials

Market cap: A$299M (as of 2 Nov 2026)

Waratah Minerals Limited (ASX:WTM) is an Australian company focused on the exploration and development of high value mineral resources in Australia. In addition, the Company retains exposure to the graphite market via its interest in emerging major graphi

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
7 May 2026Placement$48M$0.6212.1% discountFiling ↗
13 Aug 2025Placement$30M$0.57—Filing ↗
12 May 2025Placement$8.4M$0.2810% discountFiling ↗
6 Aug 2024Placement$5M$0.257.4% discountFiling ↗
24 Apr 2024Placement$3M$0.104.8% discountFiling ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
20 Oct 2026Sprott Inc. (Sprott) and each of its controlled bodies corporate listed in Annexure A (The Sprott Group Entities)Entry?% → 5.0%Filing ↗
30 Sept 2026Acorn Capital LimitedEntry?% → 5.16%Filing ↗
17 July 2026The Bank of Nova Scotia and each of its controlling entities including those listed in Annex A (Substantial Holders)Exit—Filing ↗
13 July 2026The Bank of Nova Scotia and each of its controlled entities including those listed in Annex ADecrease7.36% → 6.31%Filing ↗
18 May 2026Gladstone Mining (WA) Pty Ltd and Stuart Tonkin SMSF Pty LtdDecrease9.51% → 8.51%Filing ↗

Director trades — on-market

DateDirectorTradeSource
15 Aug 2025Andrew Lachlan StewartBought 26,856 Ordinary SharesFiling ↗
13 Aug 2025Peter Benjamin DuerdenBought 9,666,668 - Ordinary SharesFiling ↗
24 Apr 2024Andrew Lachlan StewartBought 75,000 Ordinary SharesFiling ↗
24 Apr 2024Dr Darryl James ClarkBought 100,000 Ordinary SharesFiling ↗
15 Mar 2021Dr Darryl James ClarkBought 450,000 ordinary sharesFiling ↗

Cash and runway

MetricValueAs ofSource
CashA$44M30 Sept 2026Filing ↗
Runway3.7 quarters30 Sept 2026Filing ↗

Ask about WTM in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

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