Companies / LMS

LITCHFIELD MINERALS LIMITED

ASX:LMSMaterials
65.5M shares on issueASX (delayed) · as of 28 July 2026$0.20price · delayed$13.8Mmarket cap · indicative
F
Dilution grade

Share count grew 132% in 24 months; runway 2–4 quarters; 4 cash raises in 24 months

Cash runway3.2 quarters of funding
Share-count growth (24m)132.3%
Raise cadence (24m)4 cash raises
Options & rights overhang56.1% of shares
In-the-money supply14.8% of shares
Pending proposed issuesnone

LITCHFIELD MINERALS LIMITED's ordinary share count grew 132.3% between November 2024 and June 2026, to 66M shares. The company raised capital four times in that 24-month window for total disclosed proceeds of A$7.7M, most recently a A$6.0M placement in October 2025. Options and rights on issue could convert into 37M new shares, equal to 56.1% of the current share count, of which 15% are in the money at the current share price; the nearest expiry is August 2026. At the March 2026 quarter the company reported A$3.8M in available cash, about 3.2 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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56.1%
Max option dilution
14.8%
ITM option dilution
2
Raises · last 12 months
3.2 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 65.5M per ASX (delayed) (28 July 2026).
41.7M50.5M59.2MDec 24Sept 25July 26Cash raise · 20 Oct 2025Cash raise · 6 Aug 2025Cash raise · 15 Apr 2025Cash raise · 5 Mar 2025

Cash runway

3.2 qtrs
Two to four quarters of funding at the recent spend rate.
$3.8M 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
19 June 20262A · quoted issueLMS : ORDINARY FULLY PAID65.5MAppendix 2A
3 June 20262A · quoted issueLMS : ORDINARY FULLY PAID65.5MAppendix 2A
14 May 20262A · quoted issueLMS : ORDINARY FULLY PAID65.5MAppendix 2A
14 Apr 20263H · cancellationLMS : ORDINARY FULLY PAID65.3MAppendix 3H
7 Apr 20262A · quoted issueLMS : ORDINARY FULLY PAID65.3MAppendix 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

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

$6.0M
Placement
20 Oct 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

56.1%
Total overhang · of current shares
14.8%
In the money · at current price
36.7M
Potential new shares
Aug 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
4 June 2026Peter EaglenBuy40k——3Y notice
25 Nov 2025Peter EaglenBuy200k—$20k3Y notice
23 Oct 2025Mark NoppéOther75k—$8k3Y 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

10 July 2026Aileron Irindina Presentation 2026
6 July 2026Litchfield Unveils New Brand, Website & Investor Hub
29 June 2026$PLMS Advances Exploration Strategy via Geophysical Surveys
19 June 2026Application for quotation of securities - LMS
17 June 2026$PHarts Range-Defining a New Copper-Nickel Discovery District
4 June 2026Change of Director's Interest Notice
3 June 2026Application for quotation of securities - LMS
2 June 2026$POonagalabi Drilling Strengthens Geological & Targeting Model
17 May 2026$PResponse to ASX Price Query
14 May 2026Application for quotation of securities - LMS
3 May 2026$PResponse to Price Query
28 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
28 Apr 2026Investor Briefing - Webinar
22 Apr 2026$PDrilling Update Oonagalabi and Silver Valley
14 Apr 2026Notification of cessation of securities - LMS
7 Apr 2026Application for quotation of securities - LMS
1 Apr 2026$POonagalabi RC Drilling Update
19 Mar 2026Application for quotation of securities - LMS
19 Mar 2026Application for quotation of securities - LMS
16 Mar 2026$POperational & Drilling Update

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