Companies / PV1

PROVARIS ENERGY LTD

ASX:PV1Energy
1.17B shares on issueASX (delayed) · as of 28 July 2026$0.006price · delayed$8.2Mmarket cap · indicative
C
Dilution grade

Share count grew 87% in 24 months; 12 cash raises in 24 months; runway 4–8 quarters

Cash runway4.1 quarters of funding
Share-count growth (24m)86.6%
Raise cadence (24m)12 cash raises
Options & rights overhang19.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

PROVARIS ENERGY LTD's ordinary share count rose 86.6% between July 2024 and June 2026 to 1.17B shares. The company completed 12 capital raises in that period, with disclosed total proceeds of A$10.5M and the most recent a A$1.0M placement in June 2026. Options and rights on issue could convert into 230M new shares, equal to 19.7% of the current share count, with 0% in the money at present and the nearest expiry in February 2027. At the March 2026 quarter the company reported A$1.6M in cash, corresponding to 4.1 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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19.7%
Max option dilution
0.0%
ITM option dilution
7
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. Latest count 1.17B per ASX (delayed) (28 July 2026).
0.79B0.93B1.07BDec 24Sept 25July 26Cash raise · 17 June 2026Cash raise · 2 Mar 2026Cash raise · 2 Mar 2026Cash raise · 15 Dec 2025Cash raise · 15 Dec 2025Cash raise · 22 Aug 2025Cash raise · 22 Aug 2025Cash raise · 4 July 2025Cash raise · 1 July 2025Cash raise · 17 Apr 2025Cash raise · 14 Apr 2025

Cash runway

4.1 qtrs
More than four quarters of funding at the recent spend rate.
$1.6M 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
12 July 20263H · cancellationPV1 : ORDINARY FULLY PAID1.17BAppendix 3H
26 June 20262A · quoted issuePV1 : ORDINARY FULLY PAID1.17BAppendix 2A
13 May 20263H · cancellationORDINARY FULLY PAID1.04BAppendix 3H
20 Mar 20263G · unquotedORDINARY FULLY PAID1.03BAppendix 3G
20 Mar 20262A · quoted issuePV1 : ORDINARY FULLY PAID1.04BAppendix 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

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

$1.0M
Placement
17 June 2026 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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

19.7%
Total overhang · of current shares
0.0%
In the money · at current price
229.8M
Potential new shares
Feb 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
20 Mar 2026Martin CarolanOther5.1M2.5M—3Y notice
20 Mar 2026Gregory MartinOther2.1M1.0M—3Y notice
20 Mar 2026David PalmerBuy1.2M615k—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

12 July 2026Notification of cessation of securities - PV1
26 June 2026Cleansing Notice
26 June 2026Application for quotation of securities - PV1
24 June 2026$PFEED Milestone for LCO2 Tank and DNV Approval Process
21 June 2026Proposed issue of securities - PV1
21 June 2026$PCapital Raising Completed to Support 2026 Program
17 June 2026$PTrading Halt
12 June 2026Shareholders' General Meeting Results
26 May 2026Investor Presentation
24 May 2026$PCO2 Milestone with Yinson Expands Commercialisation
18 May 2026$PK LINE Co-operation on Norway H2 Supply Chain
13 May 2026Notification of cessation of securities - PV1
12 May 2026General Meeting of Shareholders
24 Apr 2026$PMarch 2026 Quarterly Activities/Appendix 4C Report
20 Mar 2026Appendix 3Y-Change of Director's Interest
20 Mar 2026Appendix 3Y-Change of Director's Interest
20 Mar 2026Appendix 3Y-Change of Director's Interest
20 Mar 2026Appendix 3Y-Change of Director's Interest
20 Mar 2026Cleansing Notice
20 Mar 2026Notification regarding unquoted securities - PV1

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