Companies / GMD

GENESIS MINERALS LIMITED

ASX:GMDMaterials
1.17B shares on issueASX (delayed) · snapshot 11 Sept 20261.20B fully diluted+2.0% if every option and right converts$7.91price · delayed$9.29Bmarket cap · indicative

Today’s holders own 98.0% of what they think they own, once every option and right converts.

Minimal
Dilution risk

Proposed issue pending

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — no longer lodges quarterly cash reports (4C/5B)
Share-count growth (24m)4.1%
Raise cadence (24m)0 cash raises
Options & rights overhang2.0% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesopen proposed issue (Appendix 3B)

GENESIS MINERALS LIMITED's ordinary share count was 1.17B as of September 2026, an increase of 4.1% from September 2024. The company has not raised capital in the past 24 months and has no proposed securities issues pending with an expiry date before September 2026. There are 24M options and rights outstanding, representing 2.0% of the current share count, with no stated expiry date on record and none currently in the money. The company no longer lodges quarterly cash reports, so no quarterly cash balance or funding-runway figure is disclosed.

AI-generated summary of this page's cited filings · updated 8 Sept 2026
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2.0%
Options & rights overhang
In-the-money supply · no stated strikes
0
Raises · last 12 months
Cash cover · stale filings

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) (snapshot 11 Sept 2026).
1.13B1.14B1.15B1.16B1.17BDec 24Oct 25Sept 261.17B

Cash runway

stale Last quarterly cash report is more than 12 months old (quarter ended 30 June 2024) — runway is not computed from stale filings.
$203.4M cash after burn from the quarter ended 30 June 2024. Filed with the quarterly report: $171.3M cash at quarter end (item 4.6), 0.0 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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3 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2024.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
8 Sept 20262A · quoted issueGMD : ORDINARY FULLY PAID1.17BAppendix 2A
7 Sept 20262A · quoted issueGMD : ORDINARY FULLY PAID1.17BAppendix 2A
3 Sept 20262A · quoted issueGMD : ORDINARY FULLY PAID1.17BAppendix 2A
2 Sept 20263H · cancellationGMD : ORDINARY FULLY PAID1.17BAppendix 3H
31 Aug 20262A · quoted issueGMD : ORDINARY FULLY PAID1.17BAppendix 2A
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55 filings on record — 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.
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4 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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Forward supply

Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.

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1 dated event on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
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Pending proposed issues

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
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1 pending issue on record — Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

2.0%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
23.7M
Potential new shares
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 23.7M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
GMDAARightsCondition-triggered29kFiling Meeting
GMDAAEPerformance rightsCondition-triggered10.3MFiling Meeting
GMDAADRightsCondition-triggered13.4MFiling Meeting

“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column.

A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.

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3 option lines on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
2 Sept 2026Raleigh FinlaysonSell on-market37.1M$41.3M3Y notice
28 Aug 2026Anthony KiernanSell on-market50k$425k3Y notice
30 July 2026Raleigh FinlaysonOther incentive1.1M3Y notice
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20 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.