Lannister Mining Corp. (DRIL) IPO filing analysis

One-minute decisionBASIC RESEARCHSource completeness · 82%

Lannister remains a pre-revenue exploration issuer offering units, with substantial financing and execution uncertainty.

As of the current F-1/A filed September 17, 2026, Lannister proposed a US$15 million unit offering; effectiveness, closing and trading were not confirmed.

Where does the money go?US$12,900,542F-1/A · 2026-09-17

Ownership and votingAwaiting verified holder data— economic · — voting

Next disclosed checkpointRegistration effectiveness, pricing, closing and exchange approval remain undisclosed; no future date should be inferred.F-1/A · 2026-09-17

Capital destination

US$12,900,542

F-1/A · 2026-09-17

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · F-1/A ↗

Next checkRegistration effectiveness, pricing, closing and exchange approval remain undisclosed; no future date should be inferred.

Latest filing2026-09-17

Capital destination

US$12,900,542

F-1/A · 2026-09-17

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · F-1/A ↗

BOOKRUNNERS / LEAD UNDERWRITERSBookrunners / lead underwriters

NOT YET DISCLOSED

Names not yet published

Dilution and valuation

IPO priceUS$5

Basic post-offer8,380,521

Fully diluted sharesAwaiting verification

Value—

Dilution and valuation
Calculation	Shares	Value	Reference
Post-offer shares · Lannister Mining Corp.	8,380,521	—	Includes vendor and debenture share issuances; no over-allotment · Dilution

Basic-price scenario

A verified single offer price and basic post-offer share count are required. This is a data gap, not a paid lock.

Check the source · F-1/A ↗

Holder data awaits verification

The supplied evidence gives aggregate share counts and vendor issuance, but not complete named-holder economic or voting ownership. Vendors are to receive 252,360 shares upon offering completion and national-exchange listing under the acquisition agreement. · 2026-09-17

The supplied evidence gives aggregate share counts and vendor issuance, but not complete named-holder economic or voting ownership. Vendors are to receive 252,360 shares upon offering completion and national-exchange listing under the acquisition agreement.

One disclosed holder; not a complete ownership distribution.Check the source · F-1/A ↗

Conditional lock-up timeline

Status	Reference
Awaiting verification	Source ↗

Financial quality and runway

Status	Reference
Awaiting verification	Source ↗

Latest filing update

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SEC filing history

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Risk 1

Exploration may not establish commercial mineral reserves or lead to production.

Potential impact: Awaiting verification
Monitor: Registration effectiveness, pricing, closing and exchange approval remain undisclosed; no future date should be inferred.
Evidence: Risk Factors ↗

SEC EDGAR

F-1/A

2026-09-17

Open SEC filing ↗