Greenwing Resources Ltd (ASX:GW1) has applied for quotation of 1,419,941 ordinary fully paid shares on ASX following the exercise of options on 5 November 2026, according to an Appendix 2A filing lodged with the exchange on the same date.
Key Points
- 1,419,941 ordinary fully paid shares to be quoted on ASX, issued on 5 November 2026
- Shares arose from the conversion of GW1AK options, which carry an exercise price of AUD $0.08 and expire 25 June 2027
- All options in this tranche were exercised on 5 November 2026, with cash consideration paid in Australian dollars at AUD $0.08 per security
- Following quotation, total quoted ordinary fully paid shares on issue will be 527,091,327
Option Exercise and Share Issuance Details
According to the filing, the 1,419,941 new ordinary fully paid shares were issued as a result of the exercise of GW1AK options, described as options expiring 25 June 2027 with an exercise price of $0.08. Both the first and last date of exercise were recorded as 5 November 2026, indicating all conversions occurred on a single date. The filing confirms the securities were issued for cash consideration in Australian dollars at an issue price of AUD $0.08 per security. The new shares will rank equally in all respects from their issue date with existing issued securities in the same class.
Issued Capital Following Quotation
Upon quotation of the new shares, Greenwing Resources' total quoted ordinary fully paid securities on issue will stand at 527,091,327. The company's unquoted securities following this transaction will include 35,176,821 GW1AK options expiring 25 June 2027 at $0.08, 6,000,000 GW1AH options expiring 28 February 2028 at $0.08, 28,500,000 GW1AI options expiring 31 December 2029 at $0.08, 2,500,000 GW1AG options expiring 30 June 2027 at $0.12, and 2,000,000 GW1AJ performance rights, as disclosed in the filing.
Securities Classification and Eligibility
The filing classifies the newly issued shares as an addition to an existing quoted class on ASX, with the securities not issued under an employee incentive scheme. The Appendix 2A lodged with ASX on 5 November 2026 notes that the right of the option holder to receive the underlying securities is being satisfied by an issue of new securities. The filing also notes that the automatically generated capital figures in Parts 4.1 and 4.2 may not reflect the entity's current issued capital if other forms are concurrently with ASX for processing.



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