Companies / G88

GOLDEN MILE RESOURCES LTD

ASX:G88Materials
746.1M shares on issueASX (delayed) · as of 28 July 2026$0.007price · delayed$5.2Mmarket cap · indicative
D
Dilution grade

Share count grew 81% in 24 months; runway 2–4 quarters; 4 cash raises in 24 months

Cash runway3.4 quarters of funding
Share-count growth (24m)81.4%
Raise cadence (24m)4 cash raises
Options & rights overhang20.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

GOLDEN MILE RESOURCES LTD's ordinary share count grew 81.4% between February 2024 and March 2026, to 746M shares. The company raised capital four times in that period for total disclosed proceeds of A$2.6M, most recently raising A$730K in March 2026. Options and rights on issue could convert into 154M new shares, equal to 20.7% of the current share count, and none are in the money; the nearest expiry is September 2026. At the March 2026 quarter the company reported A$463K in available cash, equivalent to 3.4 quarters of cover. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
20.7%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
3.4 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 746.1M per ASX (delayed) (28 July 2026).
530.2M609.4M688.7MDec 24Sept 25July 26Cash raise · 3 Mar 2026Cash raise · 19 Aug 2025

Cash runway

3.4 qtrs
Two to four quarters of funding at the recent spend rate.
$463k 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.
Join the waitlist

Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
1 July 20263H · cancellationG88 : ORDINARY FULLY PAID746.1MAppendix 3H
13 Mar 20262A · quoted issueG88 : ORDINARY FULLY PAID746.1MAppendix 2A
5 Mar 20263H · cancellationG88 : ORDINARY FULLY PAID629.4MAppendix 3H
12 Dec 20253G · unquotedORDINARY FULLY PAID629.4MAppendix 3G
2 Dec 20252A · quoted issueG88 : ORDINARY FULLY PAID629.4MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

4 cash raises in the last 24 months · 2 in the last 12 months

$730k
Capital raise
3 Mar 2026
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

20.7%
Total overhang · of current shares
0.0%
In the money · at current price
154.3M
Potential new shares
Sept 2026
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
30 June 2026Grant ButtonOther9.5M2.0M—3Y notice
30 June 2026Francesco CannavoOther20.0M5.8M—3Y notice
23 June 2026Grant ButtonBuy2.1M——3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

24 July 2026Notice of General Meeting, Proxy Form & Access Letter
22 July 2026$PRock chip sampling returns widespread Cu-Mo mineralisation
15 July 2026Becoming a substantial holder
2 July 2026Change of Director's Interest Notices - Expiry of Options
1 July 2026Notification of cessation of securities - G88
25 June 2026Change of Director's Interest Notice
19 June 2026Change of Director's Interest Notice
9 June 2026Leviathan project regional rock rock chip sampling update
2 June 2026$PSIGNIFICANT BROAD GOLD ANOMALISM AT AURORA
31 May 2026$PTrading Halt
27 May 2026Corporate Update
12 May 2026Completion of rock-chip sampling programme at Aurora
11 May 2026MAPPING AND ROCK CHIP SAMPLING PROGRAMME AT LEVIATHAN
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
13 Apr 2026$PSale of 20% interest in the Leonora Gold JV for A$250,000
8 Apr 2026$PJV TO EXPLORE PROSPECTIVE LEVIATHAN TARGET IN ARIZONA
13 Mar 2026Section 708A Notice
13 Mar 2026Half Yearly Report and Accounts
13 Mar 2026Application for quotation of securities - G88
12 Mar 2026$PYuinmery Project Review - High Priority Gold Targets

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