Companies / PL9

PRAIRIE LITHIUM LIMITED

ASX:PL9Materials
5.58B shares on issueASX (delayed) · as of 28 July 2026$0.006price · delayed$36.3Mmarket cap · indicative
B
Dilution grade

Runway 2–4 quarters; options/rights overhang 12% of shares

Cash runway2.5 quarters of funding
Share-count growth (24m)0.0%no issuance filings since 2024
Raise cadence (24m)0 cash raises
Options & rights overhang12.2% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

PRAIRIE LITHIUM LIMITED had 5.58B ordinary shares as of November 2025, with only one Appendix 2A observation in the series and a note that no new share-issuance filings have been lodged since January 2024. There were no capital raises in the most recent 24-month window. Options and rights on issue could convert into 678M new shares, equal to 12.2% of the current share count, with the nearest expiry in March 2027 and 0% in the money. At the June 2026 quarter the company reported A$5.2M in available cash, representing 2.5 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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12.2%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
2.5 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 5.58B per ASX (delayed) (28 July 2026).
5.42B5.48B5.54BSept 25Feb 26July 26

Cash runway

2.5 qtrs
Two to four quarters of funding at the recent spend rate.
$5.2M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

Latest 1 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
28 Nov 20252A · quoted issuePL9 : ORDINARY FULLY PAID5.58BAppendix 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

No equity raises in the last 24 months.
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

12.2%
Total overhang · of current shares
0.0%
In the money · at current price
678.1M
Potential new shares
Mar 2027
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

No director dealing notices (Appendix 3Y) on record.
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$PQuarterly Activities/Appendix 5B Cash Flow Report
20 July 2026Investor Presentation
10 July 2026$PNorth America's Largest Commercial DLE Unit Arrives at Site
29 June 2026$PBoard Restructuring to Support Transition to Production
16 June 2026Investor Webinar
19 May 2026$PPremium Priced At-The-Market Raise
17 May 2026$PCommercial Scale DLE Unit Enters Final Testing
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
22 Apr 2026Investor Presentation
12 Apr 2026$PClear Path to First Revenue
1 Apr 2026$PBinding Offtake Secured for 100% of Phase 1 Production
9 Mar 2026Interim Financial Report 31 December 2025
5 Mar 2026Investor Webinar
5 Mar 2026$PConstruction of Lithium Plant in Full Swing at Prairie
10 Feb 2026$PCommercial Scale Foundations Commenced at Prairie Project
4 Feb 2026Retraction and Replacement Announcement
3 Feb 2026$PConstruction of Power Infrastructure for Prairie Project
2 Feb 2026Investor Presentation
28 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
10 Dec 2025$POfftake to Lithium Refinery in South Korea

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