Companies / INR

IONEER LTD

ASX:INRMaterials
3.09B shares on issueASX (delayed) · as of 28 July 2026$0.12price · delayed$355.1Mmarket cap · indicative
B
Dilution grade

Share count grew 32% in 24 months; 5 cash raises in 24 months

Cash runway14.9 quarters of funding
Share-count growth (24m)32.1%
Raise cadence (24m)5 cash raises
Options & rights overhang2.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

IONEER LTD's ordinary share count rose 32.1% between July 2024 and July 2026 to 3.09B shares. The company completed five capital raises in that period for total disclosed proceeds of A$176.0M, most recently a A$72.0M placement in January 2026. Options and rights could convert into 66M new shares, equal to 2.1% of the current share count, with 0% in the money at present. At the March 2026 quarter IONEER reported A$56.8M in cash, representing 14.9 quarters of cover at its disclosed run-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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2.1%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
14.9 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 3.09B per ASX (delayed) (28 July 2026).
2.51B2.72B2.93BDec 24Sept 25July 26Cash raise · 28 Jan 2026Cash raise · 28 Jan 2026Cash raise · 17 July 2025Cash raise · 13 June 2025Cash raise · 10 June 2025

Cash runway

14.9 qtrs
More than four quarters of funding at the recent spend rate.
$56.8M 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
3 July 20262A · quoted issueINR : ORDINARY FULLY PAID3.09BAppendix 2A
3 July 20263H · cancellationINR : ORDINARY FULLY PAID3.07BAppendix 3H
9 June 20263G · unquotedORDINARY FULLY PAID3.07BAppendix 3G
4 Feb 20262A · quoted issueINR : ORDINARY FULLY PAID3.07BAppendix 2A
22 Dec 20253H · cancellationINR : ORDINARY FULLY PAID2.67BAppendix 3H
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

5 cash raises in the last 24 months · 2 in the last 12 months

$72.0M
Placement
28 Jan 2026 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

2.1%
Total overhang · of current shares
0.0%
In the money · at current price
66.0M
Potential new shares
—
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
1 July 2026James Derrick CalawayOther2.0M——3Y notice
1 July 2026Bernard Anthony RoweOther2.5M——3Y notice
10 June 2026Alan John Bruce DaviesOther———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

7 July 2026$PIoneer Signs MOUs with KIND and Hyundai Engineering
6 July 2026Change of Director's Interest Notice - Bernard Rowe
6 July 2026Change of Director's Interest Notice - James Calaway
3 July 2026Notification of cessation of securities - INR
3 July 2026Application for quotation of securities - INR
25 June 2026$PConditional award from the US Army Received
22 June 2026$PStrategic Letters of Intent with KIND and Hyundai
12 June 2026Change of Director's Interest Notice - Tim Woodall
12 June 2026Change of Director's Interest Notice - Rose McKinney James
12 June 2026Change of Director's Interest Notice - Margaret Walker
12 June 2026Change of Director's Interest Notice - Alan Davies
12 June 2026Change of Director's Interest Notice - James Calaway
9 June 2026Notification regarding unquoted securities - INR
21 May 20262026 AGM - Results of AGM
20 May 20262026 AGM - Managing Director Presentation
20 May 20262026 AGM - Executive Chairs Address
30 Apr 2026Change in substantial holding
30 Apr 2026$PMarch 2026 - Quarterly Activities Report - Correction
30 Apr 2026$PMarch 2026 - Quarterly Activities Report - Correction
29 Apr 2026$PMarch 2026 - Quarterly Cash Flow Report

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