White Cliff Minerals Director Gavin Rezos Discloses Securities Changes After 20:1 Capital Consolidation on 30 October 2026

Sonal Goyal

10 November 2026 06:13 PM AEDT

White Cliff Minerals Director Gavin Rezos Discloses Securities Changes After 20:1 Capital Consolidation on 30 October 2026

Image Source: Krish Capital Pty Ltd

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White Cliff Minerals Limited (ASX:WCN) has lodged a Change of Director's Interest Notice disclosing that director Gavin Rezos held amended securities positions following a 20:1 consolidation of capital, with the change recorded on 30 October 2026.

Key Points

Director Gavin Rezos's securities were adjusted on 30 October 2026 as a result of a 20:1 capital consolidation.
Direct ordinary shares held by Rezos changed from 14,225,000 to 711,250 following the consolidation.
Indirect holdings are held through Floreant Ambo Pty Ltd atf Rezos Family Super Fund and Vivien Enterprises Pte Ltd.
No securities were acquired or disposed of; the change arose solely from the capital consolidation.

Capital Consolidation Effect on Direct Holdings

According to the filing, Gavin Rezos held 14,225,000 ordinary shares directly prior to the 20:1 consolidation of capital recorded on 30 October 2026. Following the consolidation, his direct holding stood at 711,250 ordinary shares. The filing confirms no securities were acquired or disposed of, and no consideration was paid, with the nature of change attributed entirely to the 20:1 consolidation. The filing also confirmed the interests were not traded during a closed period requiring prior written clearance.

Indirect Holdings Through Associated Entities

Prior to the consolidation, indirect holdings through Vivien Enterprises Pte Ltd included 92,358,911 ordinary shares, options exercisable at $0.0387 expiring 16 October 2027, options at $0.04 expiring 30 June 2028, and two tranches of 40,000,000 options at $0.0487 and $0.0687 respectively, both expiring 23 July 2029. Performance rights comprised 25,000,000 Class H, 25,000,000 Class I, 20,000,000 Class J, and 20,000,000 Class K. After the consolidation, these became 4,617,944 ordinary shares, with options and performance rights adjusted proportionally across all classes and exercise prices restated accordingly.

Post-Consolidation Options and Performance Rights Detail

Following the 20:1 consolidation, indirect holdings through Floreant Ambo Pty Ltd atf Rezos Family Super Fund comprised 5,000 options exercisable at $0.774 expiring 16 October 2027. Through Vivien Enterprises Pte Ltd, post-consolidation holdings included 125,000 options at $0.774 expiring 16 October 2027, 157,710 options at $0.80 expiring 30 June 2028, 2,000,000 options at $0.974 expiring 23 July 2029, and 2,000,000 options at $1.374 expiring 23 July 2029. Performance rights after consolidation comprised 1,250,000 Class H, 1,250,000 Class I, 1,000,000 Class J, and 1,000,000 Class K. No contracts were disclosed in Part 2 of the filing.

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