Companies / IXR

IONIC RARE EARTHS LIMITED

ASX:IXRMaterialsSuspended from quotation
226.6M shares on issueASX (delayed) · as of 28 July 2026$0.32price · delayed$70.2Mmarket cap · indicative
NR
Dilution grade

Not rated — the company is suspended from quotation

Cash runwayno data — suspended — grade not computed
Share-count growth (24m)no data — suspended — grade not computed
Raise cadence (24m)0 cash raises
Options & rights overhangno dataconsolidation-adjusted
In-the-money supplyno data — no recent share price on record
Pending proposed issuesopen proposed issue (Appendix 3B)

IONIC RARE EARTHS LIMITED completed an approximately 1-for-30 share consolidation on December 2025; the reported share-count change figures are adjusted for that consolidation and the latest share count stands at 227M as of May 2026. Between the first available observation and May 2026 there are 33 observations of ordinary share counts. The company raised capital 17 times in the 24-month window, with total disclosed proceeds of A$40.3M and the most recent raise recorded in May 2026. At the March 2026 quarter the company reported A$2.8M in cash. 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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24.7%
Max option dilution
0.0%
ITM option dilution
11
Raises · last 12 months
0.7 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. Adjusted for the 1-for-30 consolidation (5 Dec 2025). Latest count 226.6M per ASX (delayed) (28 July 2026).
182.4M198.6M214.9MDec 24Sept 25July 261-for-30 consolidationCash raise · 27 May 2026Cash raise · 20 Apr 2026Cash raise · 16 Mar 2026Cash raise · 26 Feb 2026Cash raise · 12 Feb 2026Cash raise · 19 Jan 2026Cash raise · 27 Nov 2025Cash raise · 16 Oct 2025Cash raise · 17 Sept 2025Cash raise · 12 Sept 2025Cash raise · 11 Sept 2025Cash raise · 29 May 2025Cash raise · 28 May 2025Cash raise · 22 May 2025Cash raise · 22 May 2025Cash raise · 21 May 2025

Cash runway

0.7 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$2.8M 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
29 May 20262A · quoted issueIXR : ORDINARY FULLY PAID226.1MAppendix 2A
29 May 20262A · quoted issueIXR : ORDINARY FULLY PAID226.6MAppendix 2A
24 Apr 20262A · quoted issueIXR : ORDINARY FULLY PAID226.0MAppendix 2A
20 Mar 20262A · quoted issueIXR : ORDINARY FULLY PAID226.0MAppendix 2A
2 Mar 20262A · quoted issueIXR : ORDINARY FULLY PAID225.9MAppendix 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

17 cash raises in the last 24 months · 11 in the last 12 months

Capital raise
27 May 2026
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

consolidation-adjusted Figures rebased for the share consolidation in the last 24 months.

24.7%
Total overhang · of current shares
0.0%
In the money · at current price
56.1M
Potential new shares
Nov 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
29 Oct 2025Mr Timothy HarrisonOther5.0M3Y notice
29 Oct 2025Mr Maxwell McGarvieOther1.3M3Y notice
29 Oct 2025Mr Brett LynchOther5.0M3Y 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

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