Companies / FL1

FIRST LITHIUM LIMITED

ASX:FL1Materials
108.7M shares on issueASX (delayed) · as of 28 July 2026$0.14price · delayed—market cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 36% in 24 months; options/rights overhang 72% of shares

Cash runway-0.8 quarters of funding
Share-count growth (24m)36.4%
Raise cadence (24m)2 cash raises
Options & rights overhang72.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

FIRST LITHIUM LIMITED's ordinary share count grew 36.4% between June 2024 and September 2025, to 109M shares. The company recorded two capital raises in the 24-month window, with the most recent raise dated March 2025; total proceeds are not provided in the disclosed raises data. Options and rights on issue could convert into 78M new shares, equal to 72.0% of the current share count, with 0% in the money and the nearest expiry in September 2026. At the March 2026 quarter the company reported cash of A$-195K, equivalent to -0.8 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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72.0%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
-0.8 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 108.7M per ASX (delayed) (28 July 2026).
108.2M108.7M109.1MDec 24Sept 25July 26Cash raise · 25 Mar 2025

Cash runway

-0.8 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-195k 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
13 Feb 20263G · unquotedFL1 : ORDINARY FULLY PAID108.7MAppendix 3G
9 Jan 20263G · unquotedFL1 : ORDINARY FULLY PAID108.7MAppendix 3G
10 Oct 20253H · cancellationFL1 : ORDINARY FULLY PAID108.7MAppendix 3H
29 Sept 20252A · quoted issueFL1 : ORDINARY FULLY PAID108.7MAppendix 2A
5 Nov 20242A · quoted issueFL1 : ORDINARY FULLY PAID79.7MAppendix 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

2 cash raises in the last 24 months · 0 in the last 12 months

—
Capital raise
25 Mar 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

72.0%
Total overhang · of current shares
0.0%
In the money · at current price
78.2M
Potential new shares
Sept 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

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 2026Results of Meeting
26 June 2026Letter to Shareholders - Notice of General Meeting
26 June 2026Notice of General Meeting/Proxy Form
30 Apr 2026$PQuarterly Activities Report and Appendix 5B
16 Mar 2026$PSuspension from Quotation
13 Feb 2026Notification regarding unquoted securities - FL1
30 Jan 2026$PQuarterly Activities Report and Appendix 5B
9 Jan 2026Notification regarding unquoted securities - FL1
13 Nov 2025Results of Meeting
30 Oct 2025$PQuarterly Activities Report and Appendix 5B
15 Oct 2025Letter to Shareholders - Notice of Annual General Meeting
15 Oct 2025Notice of Annual General Meeting/Proxy Form
10 Oct 2025Notification of cessation of securities - FL1
30 Sept 2025Appendix 4G and Corporate Governance Statement
30 Sept 2025Annual Report to shareholders
29 Sept 2025$PProject & Finance Update in Mali
29 Sept 2025Application for quotation of securities - FL1
18 Sept 2025AGM Details & Closing Date for Nominations
8 Sept 2025Restricted Securities to be Released from Escrow
11 Aug 2025Change of Share Registry

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