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OMNIA METALS GROUP LTD — Share Issue/Capital Change 2026
Apr 22, 2026
65494_rns_2026-04-22_03386dab-302a-49f8-9529-b3e75758d32d.pdf
Share Issue/Capital Change
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OMNIA METALS GROUP LTD
ASX: OM1
ASXRELEASE | 23APRIL2026
COMPLETION OF PLACEMENT
HIGHLIGHTS
- The Company has issued 75,054,176 fully paid ordinary shares at $0.02 per Share, raising $1,501,084 (before costs) under the previously announced placement.
- Placement proceeds will be applied toward advancement of the Company's newly acquired USA critical minerals portfolio – the Stibnite Ridge Thompson Falls Antimony & Silver Project and the Radix REE & Gallium Sheep Creek Project (both in Montana, USA) – alongside the Ord Basin Cu-PGE-Ni project and general working capital.
- The Placement was issued in one tranche under the Company's existing placement capacity pursuant to ASX Listing Rules 7.1 and 7.1A.
- The balance of securities announced on 15 April 2026, including the Stibnite Ridge consideration shares, Director participation shares, placement attaching options and lead manager options, remain subject to shareholder approval. A Notice of Meeting will be dispatched to shareholders in the coming weeks.
Omnia Metals Group Ltd ("Omnia" or the "Company") (ASX: OM1) is pleased to advise that it has completed the issue of 75,054,176 fully paid ordinary shares (Placement Shares) at an issue price of $0.02 per Share, raising $1,501,084 (before costs) (Placement). The Placement Shares have been allotted to professional and sophisticated investors introduced under the Placement announced by the Company on 15 April 2026.
OMNIA METALS' EXECUTIVE DIRECTOR, PATRICK GLOVAC, SAID:
"We are delighted with the strong support received from both existing shareholders and new sophisticated investors in the placement. The funds raised, combined with the Company's existing cash reserves, position Omnia to move quickly on – ground at both Stibnite Ridge and Radix – two projects sitting at the centre of the most strategically urgent critical mineral conversations in the United States today. We look forward to updating the market on the Company's exploration plan and commencing first-pass exploration in parallel."
PLACEMENT DETAILS
The Placement Shares have been issued in a single tranche under the Company's existing placement capacity pursuant to ASX Listing Rules 7.1 (45,407,505 Shares) and 7.1A (29,646,671 Shares). The Placement Shares rank equally in all respects with the Company's existing fully paid ordinary shares on issue.
An Appendix 2A, in respect of the Placement Shares, and a cleansing notice in accordance with section 708A(5) of the Corporations Act 2001 (Cth) has been issued separately.
OMNIA METALS GROUP LTD
ASX: OM1
SECURITIES PENDING SHAREHOLDER APPROVAL
The following securities announced on 15 April 2026 remain subject to shareholder approval and have not yet been issued:
| Security | Number |
|---|---|
| Stibnite Ridge consideration shares (to vendor of American Antimony Metals LLC) | 25,000,000 |
| Director participation shares (Glovac, Zielinski and Meyers) | 4,125,000 |
| Placement attaching options (1-for-2, exercisable at $0.025 by 21 March 2028) | 37,527,088 |
| Director attaching options (1-for-2, exercisable at $0.025 by 21 March 2028) | 2,062,500 |
| Lead Manager Options (exercisable at $0.025 by 21 March 2028) | 15,835,835 |
A Notice of Meeting convening a general meeting of shareholders to consider the resolutions necessary to approve the issue of these securities is expected to be dispatched to shareholders in the coming weeks. The Stibnite Ridge acquisition remains conditional on, among other things, the receipt of shareholder approval for the issue of the 25,000,000 consideration shares to the vendor of American Antimony Metals LLC.
CAPITAL STRUCTURE
| Security | Number on Issue |
|---|---|
| Fully paid ordinary shares (OM1) | 377,770,879 |
| Listed options exercisable at $0.025 expiring 21 March 2028 (OM1O) | 276,417,759 |
| Unlisted options exercisable at $0.25 expiring 27 February 2027 | 5,000,000 |
| Performance rights | 23,875,000 |
Note: the above figures exclude securities for which shareholder approval is being sought.
USE OF FUNDS
Proceeds from the Placement, together with existing cash reserves, will be applied in accordance with the use of funds table set out in the Company's announcement dated 15 April 2026, including funding exploration and work programmes at the Stibnite Ridge and Radix Projects, continued advancement of the Ord Basin Cu-PGE-Ni project, transaction and capital raising costs, and general working capital.
The Company looks forward to providing further updates as on-ground exploration activities commence at its new USA critical minerals projects and in advance of the general meeting.
- ENDS -
This announcement is approved for release by the Board of Omnia Metals Group Ltd.
For further information please contact:
INVESTORS
Quinton Meyers
NON-EXECUTIVE DIRECTOR & COMPANY SECRETARY
E. [email protected]
OMNIA METALS GROUP LTD
ASX: OM1
ABOUT OMNIA METALS GROUP
Omnia Metals Group Ltd (ASX:OM1) goal is to become a leader in the exploration, and development, of future facing commodities used in advanced technologies and essential to the global energy transition.
FORWARD LOOKING STATEMENTS
Statements contained in this release, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices, resources, reserves or potential growth of Omnia Metals Group Ltd, are, or may be, forward looking statements.
Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.