Companies / GSN

GREAT SOUTHERN MINING LIMITED

ASX:GSNMaterials
1.17B shares on issueASX (delayed) · as of 28 July 2026$0.022price · delayed$25.7Mmarket cap · indicative
C
Dilution grade

Runway 2–4 quarters; share count grew 38% in 24 months; 2 cash raises in 24 months

Cash runway3.9 quarters of funding
Share-count growth (24m)38.3%
Raise cadence (24m)2 cash raises
Options & rights overhang14.2% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

GREAT SOUTHERN MINING LIMITED’s ordinary share count grew 38.3% between July 2024 and July 2026, to 1.17B shares. The company raised capital twice in that period for total proceeds of A$9.3M, most recently a Placement in March 2026 that raised A$4.6M. Options and rights on issue could convert into 166M new shares, equal to 14.2% of the current share count, with 0% in the money and the nearest expiry in October 2026. At the June 2026 quarter the company reported A$4.8M in cash, covering about 3.9 quarters 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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14.2%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
3.9 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 1.17B per ASX (delayed) (28 July 2026).
0.91B1.01B1.10BDec 24Sept 25July 26Cash raise · 17 Mar 2026Cash raise · 17 Mar 2026

Cash runway

3.9 qtrs
Two to four quarters of funding at the recent spend rate.
$4.8M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
13 July 20262A · quoted issueGSN : ORDINARY FULLY PAID1.17BAppendix 2A
4 June 20263H · cancellationGSN : ORDINARY FULLY PAID1.16BAppendix 3H
2 June 20262A · quoted issueGSN : ORDINARY FULLY PAID1.16BAppendix 2A
2 June 20263G · unquotedGSN : ORDINARY FULLY PAID1.15BAppendix 3G
30 Mar 20263H · cancellationGSN : ORDINARY FULLY PAID1.15BAppendix 3H
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

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

$4.6M
Placement
17 Mar 2026 COMPLETE
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

14.2%
Total overhang · of current shares
0.0%
In the money · at current price
166.3M
Potential new shares
Oct 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
24 July 2026Matthew BlakeOther2.5M—$47k3Y notice
10 July 2026Matthew KeaneOther4.0M——3Y notice
10 July 2026John TerpuOther2.0M——3Y 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 2026Change of Director's Interest Notice
22 July 2026$PDiamond drilling commences at Mt Dillon
13 July 2026Change of Director's Interest Notice - MK
13 July 2026Change of Director's Interest Notice - JT
13 July 2026Cleansing Notice
13 July 2026Application for quotation of securities - GSN
12 July 2026Drilling underway at Golden Boulder
8 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
7 July 2026$PRead Corporate Webinar Presentation
1 July 2026Great Southern Mining Investor Webinar
23 June 2026RC Drilling underway
17 June 2026Change of Director's Interest Notice
14 June 2026$PMajor drill programs commencing to advance gold discoveries
9 June 2026Change of Director's Interest Notice - Amended
4 June 2026Notification of cessation of securities - GSN
4 June 2026Change of Director's Interest Notice
4 June 2026Change of Director's Interest Notice
4 June 2026Change of Director's Interest Notice
2 June 2026Notification regarding unquoted securities - GSN
2 June 2026Cleansing Notice

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