Companies / GTE

GREAT WESTERN EXPLORATION LIMITED.

ASX:GTEMaterials
777.6M shares on issueASX (delayed) · as of 28 July 2026$0.010price · delayed$7.8Mmarket cap · indicative
C
Dilution grade

Share count grew 123% in 24 months; runway 2–4 quarters; 1 cash raise in 24 months

Cash runway3.2 quarters of funding
Share-count growth (24m)123.4%
Raise cadence (24m)1 cash raise
Options & rights overhang1.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

GREAT WESTERN EXPLORATION LIMITED.'s ordinary share count grew 123.4% between January 2024 and April 2026, to 778M shares. The company raised capital once in that period for total proceeds of A$3.8M, most recently in February 2026 (A$3.8M). Options and rights on issue could convert into 8M new shares, equal to 1.0% of the current share count, with 0% in the money and the nearest expiry in June 2027. At the June 2026 quarter the company reported A$3.1M in available cash, about 3.2 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in November 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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1.0%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
3.2 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 777.6M per ASX (delayed) (28 July 2026).
600.4M665.5M730.5MDec 24Sept 25July 26Cash raise · 3 Feb 2026

Cash runway

3.2 qtrs
Two to four quarters of funding at the recent spend rate.
$3.1M 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
6 Apr 20262A · quoted issueGTE : ORDINARY FULLY PAID777.6MAppendix 2A
6 Apr 20263G · unquotedGTE : ORDINARY FULLY PAID776.1MAppendix 3G
26 Mar 20262A · quoted issueGTE : ORDINARY FULLY PAID776.1MAppendix 2A
12 Feb 20262A · quoted issueGTE : ORDINARY FULLY PAID709.6MAppendix 2A
14 Aug 20253H · cancellationGTE : ORDINARY FULLY PAID567.8MAppendix 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

1 cash raise in the last 24 months · 1 in the last 12 months

$3.8M
Capital raise
3 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

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

1.0%
Total overhang · of current shares
0.0%
In the money · at current price
8.0M
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
2 Apr 2026Shane PikeOther1.5M2.0M—3Y notice
27 Mar 2026Kevin Clarence SomesOther2.8M——3Y notice
27 Mar 2026Grey Egerton-WarburtonOther8.3M——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

15 July 2026$PRC drilling confirms geology consistent with a VHMS system
13 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
1 July 2026$PDrilling starts at highly prospective Juggernaut Cu project
10 June 2026$PCompletion of air core drilling programme at Diorama
2 June 2026$PDrilling commences at the Diorama copper-gold target in WA
18 May 2026$PDrilling about to start at Diorama copper-gold target in WA
6 May 2026Amended Drilling completed at the Oval Target
4 May 2026$PDrilling completed at the Oval Target
23 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
12 Apr 2026$PDrilling commences at Oval Copper-Gold Target
6 Apr 2026Cleansing Statement under S708A for Exercise of Options
6 Apr 2026Change of Director's Interest Notice
6 Apr 2026Notification regarding unquoted securities - GTE
6 Apr 2026Proposed issue of securities - GTE
6 Apr 2026Application for quotation of securities - GTE
30 Mar 2026$PCopper-Gold Drilling Programmes to Commence
26 Mar 2026Change of Director's Interest Notice x 4
26 Mar 2026Cleansing Statement under S708A for Tranche 2 of Placement
26 Mar 2026Application for quotation of securities - GTE
19 Mar 2026Results of Meeting

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