Sunstone Metals Ltd
has announced the expiry of 7,021,938 unquoted options under the ASX code STMAL, which lapsed on 28 October 2026 without being exercised or converted, as detailed in an Appendix 3H filing submitted on 2 November 2026.
Key Points
- 7,021,938 unquoted STMAL options expired on 28 October 2026 without exercise or conversion
- Options were originally issued under the 2024 Placement/SPP prospectus
- No consideration was paid by the company for the cessation
- Post-expiry, 284,028,560 ordinary fully paid shares remain on issue
- Outstanding unquoted securities include 8,812,047 performance rights and 1,303,336 STMAL options
Details of Option Expiry
The filing specifies that the expired securities were classified under ASX code STMAL, representing options with varying expiry dates and strike prices. The 7,021,938 options expired on 28 October 2026 without any exercise or conversion. Sunstone Metals confirmed no consideration was paid in relation to this cessation. These options were initially issued under the 2024 Placement/SPP prospectus, with the cessation notification lodged with ASX on 2 November 2026.
Issued Capital Update Post-Expiry
Following the expiry of the 7,...