Companies / LSR

LODESTAR MINERALS LIMITED

ASX:LSRMaterials
1.46B shares on issueASX (delayed) · as of 28 July 2026$0.009price · delayed$13.1Mmarket cap · indicative
C
Dilution grade

Share count grew 292% in 24 months; 7 cash raises in 24 months; runway 4–8 quarters

Cash runway4.1 quarters of funding
Share-count growth (24m)292.1%
Raise cadence (24m)7 cash raises
Options & rights overhang8.0% of sharesconsolidation-adjusted
In-the-money supply0.0% of sharesconsolidation-adjusted
Pending proposed issuesopen proposed issue (Appendix 3B)

LODESTAR MINERALS LIMITED's ordinary share count grew 292.1% between July 2024 and July 2026 to 1.46B shares; this figure is adjusted for the approximately 1-for-7 share consolidation that took place in December 2024. The company raised capital seven times in the 24-month window for total proceeds of A$15.3M, most recently a A$4.7M placement in May 2026. Options and rights could convert into 116M new shares, equal to 8.0% of the current share count, with 0% in the money and the nearest expiry in March 2027; these option figures are consolidation-adjusted. At the March 2026 quarter the company reported A$4.9M in available cash, about 4.1 quarters of funding at its recent spending rate. Four proposed securities issues (Appendix 3B) are pending, the nearest proposed date is August 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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8.0%
Max option dilution
0.0%
ITM option dilution
4
Raises · last 12 months
4.1 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. Adjusted for the 1-for-7 consolidation (6 Dec 2024). Latest count 1.46B per ASX (delayed) (28 July 2026).
0.44B0.81B1.19BDec 24Oct 25July 26Cash raise · 27 May 2026Cash raise · 23 Oct 2025Cash raise · 4 Sept 2025Cash raise · 7 Aug 2025Cash raise · 10 July 2025Cash raise · 27 Jan 2025

Cash runway

4.1 qtrs
More than four quarters of funding at the recent spend rate.
$4.9M 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
9 July 20263H · cancellationLSR : ORDINARY FULLY PAID1.46BAppendix 3H
9 July 20262A · quoted issueLSR : ORDINARY FULLY PAID1.46BAppendix 2A
26 June 20262A · quoted issueLSR : ORDINARY FULLY PAID1.46BAppendix 2A
4 June 20262A · quoted issueLSR : ORDINARY FULLY PAID1.46BAppendix 2A
15 May 20262A · quoted issueLSR : ORDINARY FULLY PAID1.17BAppendix 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

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

$4.7M
Placement
27 May 2026 ACTIVE
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

4 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

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

8.0%
Total overhang · of current shares
0.0%
In the money · at current price
116.0M
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

DateDirectorTypeSharesOptionsValueSource
30 June 2026Coraline BlaudSell1.2M——3Y notice
30 June 2026Ross TaylorSell———3Y notice
19 Mar 2026Coraline BlaudBuy476k—$10k3Y 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

24 July 2026Extension of At-the Market Facility
17 July 2026Response to Appendix 3Y Query
15 July 2026$PExpanded Land Position to Secure High-Grade HREE Trend, USA
15 July 2026Appendix 3Y - R Taylor
15 July 2026Appendix 3Y - C Blaud
15 July 2026Notice of General Meeting
10 July 2026Clarifying Announcement High-Grade Gold Intersections Ned's
9 July 2026Notification of cessation of securities - LSR
9 July 2026Notice under s708A
9 July 2026Application for quotation of securities - LSR
8 July 2026$PHigh-Grade Gold Intersections Confirm Oxide Potential Ned's
29 June 2026Proposed issue of securities - LSR
26 June 2026Application for quotation of securities - LSR
17 June 2026$PHigh-Grade Gold Intersected Beyond Target Expands Gidgee
14 June 2026Appendix 3X - J Terry
14 June 2026Appendix 3Z - D McArthur
14 June 2026LSR Appoints Non-Exec Director, Founding Director Retirement
11 June 2026$PThree Saints Delivers Encouraging IOCG Style Results
8 June 2026$PCompany update presentation
4 June 2026Notice under s708A

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