Snow Lake Resources Ltd. (LITM) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: November 14, 2025

Risk Assessment Details

Potential Dilution: 166.27% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
26M
Potential Supply
43M
Additional shares possible
Splits
None
Past 2 years

Summary

LITM currently has 25.8M outstanding shares. with significant dilution risk as 42.8M authorized shares could dilute existing holders by 166.3%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 14, 2025

F-3 filing: Registration statement for the offering of common shares, preferred shares, debt securities, warrants, units, and subscription receipts with an aggregate initial offering price not to exceed US$1,000,000,000.

26M 43M
Oct 30, 2024

20-F filing | 25.8M shares outstanding

26M 43M
Oct 31, 2023

20-F filing | 18.2M shares outstanding

18M 43M
Jun 01, 2023

F-3 filing: Snow Lake Resources Ltd. intends to offer and sell common shares, preferred shares, warrants, debt securities, and/or units, with an aggregate offering price not to exceed $100 million.

12M 43M
Nov 01, 2022

20-F filing | 17.9M shares outstanding

18M 3M
Oct 03, 2022

RW filing: Snow Lake Resources Ltd. is withdrawing its public offering of common shares due to a court order requested by concerned shareholders.

N/A 3M
Sep 30, 2022

RW filing: The registrant has decided not to proceed with its public offering and believes that withdrawal of the registration statement is consistent with the public interest and the protection of investors. The registration statement was never declared effective, and no securities have been sold pursuant to the registration statement.

N/A 3M
Sep 26, 2022

F-1 filing: Follow-on firm commitment public offering of 10,000,000 common shares at an assumed price of US$3.00 per share.

N/A 13M
Apr 04, 2022

F-1 filing: This F-1 filing relates to the resale of up to 3,000,000 common shares by the selling shareholder, Nova Minerals Ltd. The company will not receive any proceeds from the sale.

N/A 3M
Nov 19, 2021

6-K filing: Snow Lake Resources Ltd. entered into an Underwriting Agreement with ThinkEquity LLC for an initial public offering of 3,200,000 common shares at $7.50 per share, with an option for the underwriters to purchase an additional 480,000 shares. ($24.0M proceeds)

N/A 0
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