Flynn Gold Limited (ASX:FG1) has released the Distribution Schedule and Top 20 Optionholders report for 52,114,091 options issued under its Prospectus dated 25 September 2026, following the lodgement of an Appendix 2A application for quotation of those securities with ASX on 13 November 2026.

Key Points

  • 52,114,091 options have been issued under the Prospectus dated 25 September 2026, with an exercise price of $0.03 each and an expiry date of 27 April 2029.
  • The distribution schedule recorded 197 holders across five holding ranges as at 12 November 2026.
  • The top 20 optionholders collectively held 39,265,751 options, representing 75.346% of the total options on issue.
  • Equity Trustees Limited (Lowell Resources Fund A/C) is the largest single optionholder with 6,666,667 options, equating to 12.792%.

Options Terms and Quotation Application

According to the filing, Flynn Gold lodged an Appendix 2A application for quotation of 52,114,091 options with ASX on 13 November 2026. The options were issued under the Prospectus dated 25 September 2026. Each option carries an exercise price of $0.03 (3 cents) and will expire on 27 April 2029. The filing states that the full terms of the options are set out in that Prospectus. The company's capital structure also includes 118.7 million listed options under the FG1OA class and 65.5 million unlisted options, in addition to the newly quoted class of 52.1 million options.

Distribution Schedule as at 12 November 2026

The distribution schedule disclosed in the filing shows a total of 197 holders across five ranges as at 12 November 2026. The smallest range, covering 1 to 1,000 options, included 5 holders with 2,745 units, representing 0.010% of total options. The 1,001 to 5,000 range had 33 holders with 105,110 units (0.200%). The 5,001 to 10,000 range comprised 22 holders with 165,212 units (0.320%). The 10,001 to 100,000 range included 77 holders with 2,494,595 units (4.790%). The largest range, covering 100,001 and above, contained 60 holders with 49,346,429 units, accounting for 94.690% of all options.

Top 20 Optionholders as at 11 November 2026

The top 20 optionholders report, dated 11 November 2026, lists Equity Trustees Limited (Lowell Resources Fund A/C) as the largest holder with 6,666,667 options (12.792%), followed by Mahe Investments Pty Ltd with 5,442,549 options (10.444%) and Dr Leon Eugene Pretorius with 4,000,000 options (7.675%). Foreign Dimensions Pty Ltd (C & I Bourke Family A/C) held 3,333,333 options (6.396%). The combined holdings of the top 20 optionholders totalled 39,265,751 options, representing 75.346% of the total 52,114,091 options on issue. The filing was approved by the Board of Flynn Gold Limited.