Capital Signal

Golden State Mining Limited (ASX: GSM)

Sector: Materials

Market cap: A$4M (as of 2 Nov 2026)

Mineral exploration

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
21 Nov 2025Placement$1.5M$0.01—Filing ↗
13 Nov 2023Placement$1.5M$0.02—Filing ↗
24 May 2023Placement$2M$0.03—Filing ↗
8 Apr 2022Placement$2.5M$0.07—Filing ↗
26 Feb 2021Placement$3.2M$0.13—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
30 Dec 2025Harshell Investments Pty Ltd <Kaplan Family AC? (Harshell)Entry?% → 5.6%Filing ↗
4 Dec 2025Harshell Investments Pty Ltd <Kaplan Family A/C>Exit—Filing ↗
2 Dec 2025Daryl John HenthornEntry?% → 8.62%Filing ↗
26 Sept 2025Harshell Investments Pty Ltd <Kaplan Family A/C>Entry?% → 5.89%Filing ↗
11 Sept 2025Harshell Investments Pty LtdEntry?% → 5.89%Filing ↗

Director trades — on-market

DateDirectorTradeSource
23 Apr 2026Alexander TunnadineBought 729,962Filing ↗
8 May 2024Michael James MooreBought 950,000 fully paid ordinary sharesFiling ↗
29 Oct 2021Michael James MooreBought 90,000 fully paid ordinary sharesFiling ↗

Cash and runway

MetricValueAs ofSource
CashA$691K30 Sept 2026Filing ↗
Runway1.7 quarters30 Sept 2026Filing ↗

Ask about GSM in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

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