Capital Signal

Golden Horse Minerals Limited (ASX: GHM)

Sector: Materials

Market cap: A$116M (as of 2 Nov 2026)

Mineral exploration

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
31 Oct 2025Placement$35M$0.6615.4% discountFiling ↗
2 June 2025Placement$15M$0.4016.7% discountFiling ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
27 Nov 20251832 Asset Management L.P.Entry?% → 7.42%Filing ↗
16 Oct 2025The Bank of Nova Scotia and each of its controlling entities including those listed in Annex A (Substantial Holders)Entry?% → 5.030%Filing ↗
12 Dec 2024EMERALD RESOURCES NLEntry?% → 20.530%Filing ↗
12 Dec 2024EMERALD RESOURCES NLEntry?% → 20.53%Filing ↗

Director trades — on-market

DateDirectorTradeSource
29 Oct 2026James (Jim) HarrisBought 43,498 CDIsFiling ↗
23 Mar 2026Mr Graeme John SloanBought 60,000 CDIs (purchased on market)Filing ↗
23 Mar 2026Nicholas AndersonBought 50,000 CDIsFiling ↗
20 Mar 2026Nicholas AndersonBought 50,000 CDIs (Indirect - acquired by Burra Station Investments Pty Ltd)Filing ↗
20 Mar 2026Mr Graeme John SloanBought 20,000 CDIs (purchased on market)Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$23M30 Sept 2026Filing ↗
Runway2.9 quarters30 Sept 2026Filing ↗

Ask about GHM in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has GHM raised money in the last year, and at what discount?
  • What was GHM's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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