Companies / EXR

ELIXIR ENERGY LIMITED

ASX:EXREnergy
1.87B shares on issueASX (delayed) · as of 28 July 2026$0.095price · delayed$179.4Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 65% in 24 months; 3 cash raises in 24 months

Cash runway0.1 quarters of funding
Share-count growth (24m)64.8%
Raise cadence (24m)3 cash raises
Options & rights overhang26.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

ELIXIR ENERGY LIMITED's ordinary share count grew 64.8% between May 2024 and July 2026, to 1.87B shares. The company raised capital three times in that 24-month window for total disclosed proceeds of A$23.8M, most recently a A$16.6M placement in November 2025. Options and rights on issue could convert into 485M new shares, equal to 26.0% of the current share count, with 0% in the money at present and the nearest expiry in October 2026. At the March 2026 quarter the company reported A$642K in available cash, about 0.1 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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26.0%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
0.1 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 1.87B per ASX (delayed) (28 July 2026).
1.34B1.53B1.73BDec 24Sept 25July 26Cash raise · 20 Nov 2025Cash raise · 15 Apr 2025Cash raise · 6 Feb 2025

Cash runway

0.1 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$642k available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
17 July 20262A · quoted issueEXR : ORDINARY FULLY PAID1.87BAppendix 2A
19 June 20262A · quoted issueEXR : ORDINARY FULLY PAID1.87BAppendix 2A
8 May 20262A · quoted issueEXR : ORDINARY FULLY PAID1.87BAppendix 2A
10 Apr 20262A · quoted issueEXR : ORDINARY FULLY PAID1.87BAppendix 2A
19 Mar 20262A · quoted issueEXR : ORDINARY FULLY PAID1.86BAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

3 cash raises in the last 24 months · 1 in the last 12 months

$16.6M
Placement
20 Nov 2025 COMPLETE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

26.0%
Total overhang · of current shares
0.0%
In the money · at current price
485.2M
Potential new shares
Oct 2026
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
26 May 2026Stuart NichollsBuy100k100k—3Y notice
24 Apr 2026Richard CotteeSell—3.0M—3Y notice
10 Apr 2026Stuart NichollsOther12.2M10.0M—3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

17 July 2026Application for quotation of securities - EXR
14 July 2026$PLorelle-3H Flow Testing Update
5 July 2026$PLorelle-3H commences transition into gas flows
25 June 2026$PLorelle-3H Fracture Stimulation Complete
19 June 2026Application for quotation of securities - EXR
14 June 2026$PLorelle-3H Completion & Testing Progress
3 June 2026$PLorelle-3H Completion & Testing Update
26 May 2026Appendix 3Y SN
25 May 2026Diona-1 Update
20 May 2026Elixir - AEP Conference presentation
17 May 2026$PDiona-1 Update
10 May 2026$PDiona-1 Flow Testing Update
8 May 2026Application for quotation of securities - EXR
3 May 2026$PDiona-1 Update
27 Apr 2026$PTesting Operations Commence at Diona-1
24 Apr 2026Appendix 3Y RC
23 Apr 2026$P24% Increase in Taroom Trough Gas Resources
22 Apr 2026$PQ3FY26 Quarterly Report and Appendix 5B
14 Apr 2026Appendix 3Y SN
10 Apr 2026Application for quotation of securities - EXR

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.