Companies / GW1

GREENWING RESOURCES LTD

ASX:GW1Materials
516.3M shares on issueASX (delayed) · as of 28 July 2026$0.083price · delayed$42.3Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 185% in 24 months; 5 cash raises in 24 months

Cash runway0.9 quarters of funding
Share-count growth (24m)184.8%
Raise cadence (24m)5 cash raises
Options & rights overhang15.3% of shares
In-the-money supply14.4% of shares
Pending proposed issuesnone

GREENWING RESOURCES LTD's ordinary share count grew 184.8% between February 2024 and May 2026, to 516M shares. The company raised capital five times in that period for total proceeds of A$11.6M, most recently A$5.5M in February 2026. Options and rights on issue could convert into 79M new shares, equal to 15.3% of the current share count, of which 14% are in the money at the current share price; the nearest expiry is June 2027. At the March 2026 quarter the company reported A$1.0M in available cash, about 0.9 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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15.3%
Max option dilution
14.4%
ITM option dilution
2
Raises · last 12 months
0.9 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 516.3M per ASX (delayed) (28 July 2026).
298.5M378.5M458.4MDec 24Sept 25July 26Cash raise · 26 Feb 2026Cash raise · 13 Aug 2025Cash raise · 28 Apr 2025Cash raise · 28 Apr 2025Cash raise · 22 Apr 2025

Cash runway

0.9 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$1.0M 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
13 May 20262A · quoted issueGW1 : ORDINARY FULLY PAID516.3MAppendix 2A
13 May 20263G · unquotedORDINARY FULLY PAID508.8MAppendix 3G
29 Apr 20263G · unquotedGW1 : ORDINARY FULLY PAID508.8MAppendix 3G
29 Apr 20263G · unquotedGW1 : ORDINARY FULLY PAID508.8MAppendix 3G
28 Apr 20262A · quoted issueGW1 : ORDINARY FULLY PAID508.8MAppendix 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

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

$5.5M
Capital raise
26 Feb 2026
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

15.3%
Total overhang · of current shares
14.4%
In the money · at current price
78.8M
Potential new shares
June 2027
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
28 Apr 2026PETER STANLEY WRIGHTOther2.9M714k—3Y notice
28 Apr 2026JEFFREY MARVINOther595k415k—3Y notice
28 Apr 2026JAMES STUART BROWNOther1.2M6.3M—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

24 July 2026Change of Registered Office
23 July 2026$PResponse to ASX Price Query
23 July 2026Investor Presentation - JMM Noosa Investor Lunch
23 June 2026San Jorge Project - Commencement of Bulk Brine Sampling
11 June 2026Presentation to RIU Gold Coast Investment Showcase
8 June 2026$PQue River Project - Renewal of Mining Lease
31 May 2026San Jorge Project - Commencement of DLE Study
20 May 2026San Jorge Lithium Project - Commencement of Water Studies
15 May 2026Final Director's Interest Notice
15 May 2026Resignation of Non-Executive Director
13 May 2026Cleansing Statement
13 May 2026Application for quotation of securities - GW1
13 May 2026Notification regarding unquoted securities - GW1
7 May 2026Proposed issue of securities - GW1
5 May 2026Que River Project - Development Strategy Update
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
29 Apr 2026Change of Director's Interest Notice x3
29 Apr 2026Notification regarding unquoted securities - GW1
29 Apr 2026Notification regarding unquoted securities - GW1
28 Apr 2026Cleansing Statement

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