Elevra Lithium Limited (ELVR) reports expiry of 14,897 unquoted options
Rhea-AI Filing Summary
Elevra Lithium Limited reports that 14,897 unquoted options with ASX security code ELVAA expired without exercise on December 8, 2025, and ceased on that date with no consideration paid. These options had been granted to Jett Capital Advisors LLC and were cancelled due to non-exercise.
After this expiry, Elevra Lithium states it has 169,329,111 ordinary fully paid shares (ASX code ELV) on issue. Unquoted equity on issue comprises 1,760,737 performance rights (ELVAM) and 2,723,613 options expiring December 31, 2028 with a $4.80 exercise price (ELVAN), while ELVAA options are now shown as zero.
Positive
- None.
Negative
- None.
FAQ
What did Elevra Lithium Limited (ELVR) disclose in this update?
Elevra Lithium Limited disclosed that 14,897 unquoted options with ASX code ELVAA expired without being exercised on December 8, 2025, and that these options have now ceased with no consideration paid.
How many Elevra Lithium (ELVR) options have ceased and why?
A total of 14,897 unquoted options (ASX code ELVAA) have ceased due to the expiry of the options without exercise or conversion on December 8, 2025.
Which holder was affected by the cancelled Elevra Lithium (ELVR) options?
The company notes the cancellation of options granted to Jett Capital Advisors LLC as a result of these ELVAA options expiring without being exercised.
What is Elevra Lithium’s ordinary share count after the option expiry?
Following the cessation of the ELVAA options, Elevra Lithium reports it has 169,329,111 ordinary fully paid shares on issue under ASX security code ELV.
What unquoted equity securities remain on issue for Elevra Lithium (ELVR)?
Elevra Lithium reports unquoted equity comprising 1,760,737 performance rights (ASX code ELVAM) and 2,723,613 options expiring on December 31, 2028 with a $4.80 exercise price (ASX code ELVAN). ELVAA options are now shown with 0 on issue.
Did Elevra Lithium (ELVR) pay any consideration for the cessation of these options?
No. The company states that it is not paying any consideration for the cessation of the 14,897 ELVAA options.
