Companies / GML

GATEWAY MINING LIMITED

ASX:GMLMaterials
2.32B shares on issueASX (delayed) · as of 28 July 2026$0.055price · delayed$120.8Mmarket cap · indicative
C
Dilution grade

Runway under 2 quarters; share count grew 487% in 24 months

Cash runway1.8 quarters of funding
Share-count growth (24m)487.4%
Raise cadence (24m)0 cash raises
Options & rights overhang3.9% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

GATEWAY MINING LIMITED's ordinary share count grew 487.4% between June 2024 and November 2025, to 2.32B shares. The company did not raise capital through placements, rights issues or SPPs in the 24-month window. Options and rights on issue could convert into 92M new shares, equal to 3.9% of the current share count, with 0% in the money and the nearest expiry in December 2026. At the March 2026 quarter the company reported A$9.0M in available cash, about 1.8 quarters of funding at its recent spending rate. 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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3.9%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
1.8 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 2.32B per ASX (delayed) (28 July 2026).
2.00B2.12B2.24BAug 25Feb 26July 26

Cash runway

1.8 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$9.0M 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
1 Apr 20263H · cancellationGML : ORDINARY FULLY PAID2.32BAppendix 3H
6 Feb 20263G · unquotedORDINARY FULLY PAID2.32BAppendix 3G
1 Dec 20253H · cancellationGML : ORDINARY FULLY PAID2.29BAppendix 3H
26 Nov 20253G · unquotedGML : ORDINARY FULLY PAID2.29BAppendix 3G
26 Nov 20252A · quoted issueGML : ORDINARY FULLY PAID2.32BAppendix 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

No equity raises in the last 24 months.
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

3.9%
Total overhang · of current shares
0.0%
In the money · at current price
91.6M
Potential new shares
Dec 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.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
1 Apr 2026Andrew BrayOther227.8M2.3M—3Y notice
27 Nov 2025David John CrookBuy455k—$25k3Y notice
27 Nov 2025Andrew BrayBuy18.2M—$1.0M3Y 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

26 July 2026$PCowza Increases to 3.5KM of Continuous High Grade Gold
20 July 2026$PCowza Grows to 2.5KM of Continuous High Grade Gold
19 July 2026$PRC Drilling Underway at Yandal
22 June 2026$PDrilling Defines Large Gold-Silver System at Great Western
21 June 2026$PNew High-Grade Gold Discovery Identified at Cowza
2 June 2026$PGold Intercepts Continue to Map Expansive Yandal Gold System
6 May 2026RIU Sydney Resources Round-Up Presentation
3 May 2026$PHaflinger and Hummer Continue to Grow
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
22 Apr 2026$PShallow High Grade Gold Results at Mustang
21 Apr 2026$PResponse to ASX Price Query
20 Apr 2026$PTrading Halt
20 Apr 2026$PPause in Trading
8 Apr 2026RRS Gather Round Investor Presentation
1 Apr 2026Change of Director's Interest Notice - A Bray
1 Apr 2026Notification of cessation of securities - GML
17 Mar 2026$PNew Prospect Identified at Rubicon
15 Mar 2026$PDrilling Commenced at Great Western
13 Mar 2026Half Yearly Report and Accounts
8 Mar 2026$PMagnetic Survey Results at Glenburgh South

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