Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Simon Tolhurst was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Feb 05
Great Divide Mining Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Great Divide Mining Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,812,500
Price\Range: AUD 0.32
Discount Per Security: AUD 0.0192
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing お知らせ • Nov 25
Great Divide Mining Ltd (ASX:GDM) executed a Share Sale and Purchase Agreement to acquire remaining 49% stake in Challenger Mines Pty Ltd. from Adelong Gold Limited (ASX:ADG) for AUD 3.4 million. Great Divide Mining Ltd (ASX:GDM) executed a Share Sale and Purchase Agreement to acquire remaining 49% stake in Challenger Mines Pty Ltd. from Adelong Gold Limited (ASX:ADG) for AUD 3.4 million on November 21, 2025. The consideration consists of 10 million common equity of Great Divide Mining Ltd to be issued for common equity of Challenger Mines Pty Ltd. As part of consideration, an undisclosed value is paid towards common equity of Challenger Mines Pty Ltd. Upon completion, Great Divide Mining Ltd will own 100% stake in Challenger Mines Pty Ltd.
The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders and third party approval needed. The expected completion of the transaction is in January 2026. お知らせ • Oct 01
Great Divide Mining Ltd, Annual General Meeting, Nov 27, 2025 Great Divide Mining Ltd, Annual General Meeting, Nov 27, 2025. お知らせ • Mar 27
Great Divide Mining Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.053885 million. Great Divide Mining Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.053885 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,890,203
Price\Range: AUD 0.42
Transaction Features: Subsequent Direct Listing New Risk • Oct 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$129k revenue, or US$87k). Market cap is less than US$10m (AU$8.84m market cap, or US$5.95m). Minor Risk Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Board Change • Sep 25
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Non-Executive Chairman Paul Ryan is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. お知らせ • Sep 24
Great Divide Mining Ltd, Annual General Meeting, Nov 19, 2024 Great Divide Mining Ltd, Annual General Meeting, Nov 19, 2024. New Risk • Sep 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$129k revenue, or US$86k). Market cap is less than US$10m (AU$9.64m market cap, or US$6.47m). Board Change • Jun 30
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Non-Executive Chairman Paul Ryan is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.