Companies / EL8

ELEVATE URANIUM LTD

ASX:EL8Energy
470.7M shares on issueAppendix 2A · as of 28 July 2026$0.23price · delayed$107.2Mmarket cap · indicative
C
Dilution grade

Share count grew 38% in 24 months; 4 cash raises in 24 months; options/rights overhang 6% of shares

Cash runway13.0 quarters of funding
Share-count growth (24m)38.1%
Raise cadence (24m)4 cash raises
Options & rights overhang6.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

ELEVATE URANIUM LTD's ordinary share count grew 38.1% between October 2024 and July 2026, to 471M shares. The company raised capital four times in that period for total proceeds of A$89.5M, most recently a A$25.0M placement in October 2025. Options and rights on issue could convert into 28M new shares, equal to 6.0% of the current share count, of which 0% are in the money; the nearest expiry is August 2026. At the March 2026 quarter the company reported A$30.9M in available cash, about 13.0 quarters of funding at its recent spending rate. Two proposed securities issues (Appendix 3B) are pending, the nearest with an expected issue date in July 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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6.0%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
13.0 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 470.7M per Appendix 2A (28 July 2026).
367.2M403.4M439.7MDec 24Sept 25July 26Cash raise · 29 Oct 2025Cash raise · 29 Oct 2025

Cash runway

13.0 qtrs
More than four quarters of funding at the recent spend rate.
$30.9M 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
28 July 20262A · quoted issueEL8 : ORDINARY FULLY PAID470.7MAppendix 2A
6 May 20263H · cancellationEL8 : ORDINARY FULLY PAID466.0MAppendix 3H
3 Feb 20263H · cancellationEL8 : ORDINARY FULLY PAID466.0MAppendix 3H
22 Dec 20252A · quoted issueEL8 : ORDINARY FULLY PAID466.0MAppendix 2A
17 Dec 20253H · cancellationEL8 : ORDINARY FULLY PAID457.0MAppendix 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

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

$25.0M
Placement
29 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

2 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

6.0%
Total overhang · of current shares
0.0%
In the money · at current price
28.4M
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
21 Jan 2026Murray HillOther995k4.1M—3Y notice
21 Jan 2026Carol Ann HillOther7.6M2.9M—3Y notice
17 Dec 2025Stephen Thomas MannSell———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

28 July 2026Update - Proposed issue of securities - EL8
28 July 2026Application for quotation of securities - EL8
28 July 2026Update to - Elevate Lifts Marenica Project Ownership
12 July 2026Proposed issue of securities - EL8
12 July 2026$PEL8 Lifts Marenica Uranium Project Ownership to 90%
11 June 2026Upcoming Release of Shares from Voluntary Escrow
9 June 2026$PMarenica Resource Increases by 31%
8 May 2026Results of Meeting
6 May 2026Notification of cessation of securities - EL8
29 Apr 2026$PHigh grade results from the Angela Uranium Project
27 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
14 Apr 2026$PKoppies Project resource base increased to 76.2 Mlb U3O8
9 Apr 2026NOM Materials Access Letter
9 Apr 2026Notice of General Meeting/Proxy Form
8 Apr 2026$PUpgrade Pilot Plant Update
12 Mar 2026Half Yearly Report and Accounts
8 Feb 2026Presentation - 121 Cape Town
4 Feb 2026$PMarenica Resource Update Doubles Grade
3 Feb 2026Notification of cessation of securities - EL8
3 Feb 2026Expiry of Options

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