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An announcement from Dynamic Metals Limited ( (AU:DYM) ) is now available.
Dynamic Metals Limited has strengthened its balance sheet after directors and management exercised a total of 4 million options priced at $0.30 and expiring in January 2026, resulting in the issue of 1,574,124 new ordinary shares. Chairman Justin Mannolini and non-executive director Lindsay Dudfield exercised their options in full, contributing $300,000 in cash to the company, while the remaining options were exercised by management through a cashless exercise mechanism; following these transactions, Dynamic reports it remains well funded with pro forma cash of $3.09 million as at 30 November 2025 to support an active exploration program planned for 2026.
More about Dynamic Metals Limited
Dynamic Metals Limited is an Australian exploration company focused on precious and critical metals, with a diversified portfolio of projects in Western Australia. Its flagship Widgiemooltha project spans about 800km² between Norseman and Kambalda, a region long recognised as highly prospective for gold and nickel, and the company also holds additional exploration tenure and joint ventures targeting gold, lithium, and other critical minerals across Australia. As at late November 2025, Dynamic had 51.2 million shares on issue, a market capitalisation of about $20.5 million, and a cash position of $3.09 million (pro forma).
Average Trading Volume: 71,978
Technical Sentiment Signal: Buy
Current Market Cap: A$19.11M
See more insights into DYM stock on TipRanks’ Stock Analysis page.