Golden Horse Minerals Quotes 130,667 CDIs Following Performance Rights Conversion on 6 November 2026

Anjali Anand

10 November 2026 12:56 PM AEDT

Golden Horse Minerals Quotes 130,667 CDIs Following Performance Rights Conversion on 6 November 2026

Image Source: Krish Capital Pty Ltd

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Golden Horse Minerals Limited (ASX:GHM) has applied for quotation of 130,667 CHESS Depositary Interests (CDIs) on the ASX, issued following the conversion of performance rights under the company's Equity Incentive Plan, with an issue date of 11 November 2026.

Key Points

130,667 CDIs to be quoted on ASX, converted from performance rights (GHMAQ) on 6 November 2026
The CDIs were issued for no cash consideration following achievement of vesting conditions and upon redemption under the company's Equity Incentive Plan
The estimated value per CDI is A$0.44, based on the ASX closing price of the company's CDIs on 9 November 2026
Following quotation, total quoted CDIs on issue will be 218,537,977

Performance Rights Conversion Details

According to the filing, 130,667 performance rights classified under security code GHMAQ were converted into an equivalent number of CDIs on 6 November 2026. The conversion occurred following achievement of vesting conditions and upon redemption pursuant to the terms of the performance rights and the company's Equity Incentive Plan, as approved by the Board. Each performance right conferred on the holder the right to receive one common share or CDI in Golden Horse Minerals Ltd following achievement of those vesting conditions. The filing confirms the CDIs were issued under an employee incentive scheme and that key management personnel or associates held some of the converted performance rights.

Issue Consideration and Valuation

The filing states that the 130,667 CDIs were issued for no cash consideration. The estimated value of consideration per CDI is A$0.44, which the company said is based on the ASX closing price of the company's CDIs on 9 November 2026. The newly issued CDIs rank equally in all respects from their issue date with the existing issued securities in the same class. The issue date for the CDIs to be quoted is recorded as 11 November 2026 in the filing.

Issued Capital Following Quotation

Following quotation of the 130,667 CDIs, the total number of quoted CDIs on issue will be 218,537,977. The company also disclosed a range of unquoted securities remaining on issue, including restricted ordinary fully paid shares totalling 36,500,000, various classes of warrants, options with differing expiry dates and exercise prices, inducement shares of 499,583, and remaining unquoted performance rights across multiple expiry classes totalling 8,103,658 under the GHMAQ code, among other classes listed in the filing.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.