C29 Metals Limited (ASX:C29) has disclosed that director James Myers acquired 10,000,000 fully paid ordinary shares on 12 November 2026 at a price of $0.012 per share, through a placement approved at the company's Annual General Meeting held on 30 October 2026, according to a Change of Director's Interest Notice lodged with ASX.

Key Points

  • Director James Myers acquired 10,000,000 fully paid ordinary shares on 12 November 2026 at $0.012 per share
  • The acquisition was made via a placement approved at the Annual General Meeting held 30 October 2026
  • Securities are held indirectly through Molo Capital Pty Ltd ATF Jamie Myers Family Trust (Beneficiary)
  • Myers' total holding increased from 21,916,667 to 31,916,667 fully paid ordinary shares following the transaction
  • Myers also holds 1,500,000 unquoted options exercisable at $0.110, expiring 29 January 2028, which remain unchanged

Placement Details and Transaction Date

According to the filing, the acquisition of 10,000,000 fully paid ordinary shares took place on 12 November 2026. The consideration paid was $0.012 per share, with no non-cash component disclosed. The nature of the transaction was described as a placement as approved at the Annual General Meeting held on 30 October 2026. No securities were disposed of in connection with the transaction. The filing was lodged by C29 Metals Limited, ABN 47 645 218 453, under ASX Listing Rule 3.19A.2 and section 205G of the Corporations Act.

Indirect Holding Structure via Molo Capital Pty Ltd

The filing discloses that James Myers holds his interest in C29 Metals securities indirectly. The registered holder is Molo Capital Pty Ltd ATF Jamie Myers Family Trust, with Myers disclosed as beneficiary. Prior to the change on 12 November 2026, this entity held 21,916,667 fully paid ordinary shares. Following the acquisition of 10,000,000 shares, the total holding under this structure stands at 31,916,667 fully paid ordinary shares, as stated in the filing.

Unquoted Options Position Remains Unchanged

Alongside the ordinary share holdings, the filing confirms that James Myers continues to hold 1,500,000 unquoted options exercisable at $0.110 per option, with an expiry date of 29 January 2028. These options were not subject to any change as part of the 12 November 2026 transaction. The filing further confirms that the interests detailed were not traded during a closed period requiring prior written clearance, with the closed period question answered in the negative.