EUROPEAN LITHIUM LIMITED
ASX:EURMaterialsShare count grew 24% in 24 months; 10 cash raises in 24 months; options/rights overhang 149% of shares
EUROPEAN LITHIUM LIMITED's ordinary share count grew 23.5% between June 2024 and July 2026, to 1.73B shares. The company raised capital 10 times in the past 24 months for total disclosed proceeds of A$15.0M, most recently raising A$372K in November 2025; the total covers only raises with disclosed, confirmed proceeds. Options and rights on issue could convert into 2.57B new shares, equal to 149.0% of the current share count, with 0% in the money at present and the nearest expiry in December 2026. At the March 2026 quarter the company reported A$308.1M in available cash, about 24.3 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 24 July 2026 | 2A · quoted issue | EUR : ORDINARY FULLY PAID | 1.73B | Appendix 2A |
| 24 June 2026 | 2A · quoted issue | EUR : ORDINARY FULLY PAID | 1.73B | Appendix 2A |
| 11 June 2026 | 2A · quoted issue | EUR : ORDINARY FULLY PAID | 1.72B | Appendix 2A |
| 11 June 2026 | 2A · quoted issue | EUR : ORDINARY FULLY PAID | 1.73B | Appendix 2A |
| 3 June 2026 | 2A · quoted issue | EUR : ORDINARY FULLY PAID | 1.72B | Appendix 2A |
Capital raises
10 cash raises in the last 24 months · 6 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.