Companies / FRB

FIREBIRD METALS LIMITED

ASX:FRBMaterials
182.4M shares on issueASX (delayed) · as of 28 July 2026$0.17price · delayed$31.0Mmarket cap · indicative
C
Dilution grade

Options/rights overhang 46% of shares; runway 4–8 quarters; share count grew 11% in 24 months

Cash runway5.8 quarters of funding
Share-count growth (24m)11.4%
Raise cadence (24m)1 cash raise
Options & rights overhang45.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

FIREBIRD METALS LIMITED’s ordinary share count grew 11.4% between October 2025 and January 2026, to 182M shares. The company raised capital once in the 24-month window for total proceeds of A$6.0M, with the latest raise recorded in September 2025 for A$6.0M. Options and rights on issue could convert into 83M new shares, equal to 45.7% of the current share count, with 0% in the money at present and the nearest expiry in November 2026. At the March 2026 quarter FIREBIRD METALS reported A$4.4M in cash, representing 5.8 quarters of cover. 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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45.7%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
5.8 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 182.4M per ASX (delayed) (28 July 2026).
150.8M162.4M174.0MDec 24Sept 25July 26Cash raise · 24 Sept 2025

Cash runway

5.8 qtrs
More than four quarters of funding at the recent spend rate.
$4.4M 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
14 Jan 20262A · quoted issueFRB : ORDINARY FULLY PAID182.4MAppendix 2A
30 Dec 20253G · unquotedFRB : ORDINARY FULLY PAID177.4MAppendix 3G
29 Dec 20252A · quoted issueFRB : ORDINARY FULLY PAID181.3MAppendix 2A
29 Dec 20253G · unquotedORDINARY FULLY PAID177.4MAppendix 3G
8 Dec 20252A · quoted issueFRB : ORDINARY FULLY PAID177.4MAppendix 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

1 cash raise in the last 24 months · 1 in the last 12 months

$6.0M
Capital raise
24 Sept 2025
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

45.7%
Total overhang · of current shares
0.0%
In the money · at current price
83.4M
Potential new shares
Nov 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
24 Dec 2025Brett GrosvenorOther300k——3Y notice
24 Dec 2025Evan CranstonOther1.1M4.0M—3Y notice
24 Dec 2025Wei LiOther667k2.0M—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

27 July 2026$PFirebird Demonstrates Proprietary LMR Cathode Performance
21 July 2026Firebird Metals to Participate in Sharewise Investor Webinar
16 July 2026$PARENA Milestone 1 Complete and $1m Cash Payment Received
1 July 2026$PInternational Customer Testing Confirms 99.99% MnSO4
15 June 2026$PEquipment Orders Placed for Australian Demonstration Plant
19 May 2026Firebird Presentation Critical Minerals Australia Conference
29 Apr 2026$PFRB Secures Perth Site for Australian Demonstration Plant
27 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
22 Apr 2026$PFirebird Awarded $2M in Federal Government Grant Funding
20 Apr 2026$PTrading Halt
25 Mar 2026Change in substantial holding
24 Mar 2026Change in substantial holding
18 Mar 2026Firebird Investor Presentation - Euroz Hartleys Conference
13 Mar 2026Half Year Financial Report
25 Feb 2026$PExclusive LMFP Licence Agreement Secured
30 Jan 2026Change in substantial holding from MUFG
30 Jan 2026Change in substantial holding
28 Jan 2026Change in substantial holding
28 Jan 2026Becoming a substantial holder
21 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report

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