Companies / LKE

LAKE RESOURCES N.L.

ASX:LKEMaterials
2.33B shares on issueASX (delayed) · as of 28 July 2026$0.042price · delayed$93.0Mmarket cap · indicative
D
Dilution grade

Runway 2–4 quarters; share count grew 39% in 24 months; 7 cash raises in 24 months

Cash runway3.1 quarters of funding
Share-count growth (24m)39.4%
Raise cadence (24m)7 cash raises
Options & rights overhang56.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

LAKE RESOURCES N.L.'s ordinary share count grew 39.4% between July 2024 and July 2026, to 2.33B shares. The company raised capital seven times in that period for total disclosed proceeds of A$32.7M, most recently a A$1.6M placement in August 2025. Options and rights on issue could convert into 1.30B new shares, equal to 56.1% of the current share count, with 0% in the money at the current share price; the nearest expiry is October 2028. At the June 2026 quarter the company reported A$13.0M in available cash, about 3.1 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in September 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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56.1%
Max option dilution
0.0%
ITM option dilution
3
Raises · last 12 months
3.1 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 2.33B per ASX (delayed) (28 July 2026).
1.86B2.03B2.20BDec 24Sept 25July 26Cash raise · 18 Aug 2025Cash raise · 18 Aug 2025Cash raise · 13 Aug 2025Cash raise · 23 July 2025Cash raise · 10 Apr 2025Cash raise · 30 Jan 2025

Cash runway

3.1 qtrs
Two to four quarters of funding at the recent spend rate.
$13.0M 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 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
6 July 20262A · quoted issueLKE : ORDINARY FULLY PAID2.33BAppendix 2A
9 June 20262A · quoted issueLKE : ORDINARY FULLY PAID2.33BAppendix 2A
19 May 20263G · unquotedLKE : ORDINARY FULLY PAID2.32BAppendix 3G
19 May 20262A · quoted issueLKE : ORDINARY FULLY PAID2.32BAppendix 2A
19 May 20263G · unquotedLKE : ORDINARY FULLY PAID2.32BAppendix 3G
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

7 cash raises in the last 24 months · 3 in the last 12 months

$1.6M
Placement
18 Aug 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

1 proposed issue 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

56.1%
Total overhang · of current shares
0.0%
In the money · at current price
1.30B
Potential new shares
Oct 2028
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
26 Feb 2026David DicksonBuy2.9M——3Y notice
18 Dec 2025Robert TrzebskiOther2.9M15.0M—3Y notice
18 Dec 2025Stuart CrowOther2.9M30.0M—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 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
26 July 2026$PA$3.8 Million At-the-Market Facility Raise
26 July 2026Proposed issue of securities - LKE
8 July 2026Appointment of Michael Gabora as Competent Person
6 July 2026Application for quotation of securities - LKE
9 June 2026Application for quotation of securities - LKE
19 May 2026Application for quotation of securities - LKE
19 May 2026Notification regarding unquoted securities - LKE
19 May 2026Notification regarding unquoted securities - LKE
18 May 2026Application for quotation of securities - LKE
27 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
27 Apr 2026Application for quotation of securities - LKE
27 Apr 2026Notification of cessation of securities - LKE
2 Apr 2026Application for quotation of securities - LKE
2 Apr 2026Notification of cessation of securities - LKE
15 Mar 2026Investor Presentation
11 Mar 2026Application for quotation of securities - LKE
1 Mar 2026Half Year Accounts
27 Feb 2026Appendix 3Y - D Dickson
26 Feb 2026Application for quotation of securities - LKE

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