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Great Divide Mining Ltd ( (AU:GDM) ) has issued an update.
Great Divide Mining Limited has reported a change in director Simon Tolhurst’s indirect interest in the company’s securities, held via the Tolhurst HWL Practice Trust. Through a loan note conversion on 22 December 2025, the trust acquired 112,887 fully paid ordinary shares and 112,887 unlisted options for a cash consideration of $30,000, increasing its holding to 475,387 fully paid ordinary shares and a total of 512,887 unlisted options. This transaction reflects additional capital committed by a director-associated entity and modestly increases insider ownership, which may be viewed by investors as a signal of confidence in the company’s prospects and alignment of director interests with shareholders.
More about Great Divide Mining Ltd
Great Divide Mining Limited is an Australia-listed company in the mining sector. The company’s securities include fully paid ordinary shares and unlisted options traded on the ASX, and its capital structure includes various option classes exercisable at different prices and expiring on future dates.
Average Trading Volume: 30,765
Technical Sentiment Signal: Buy
Current Market Cap: A$16.03M
For a thorough assessment of GDM stock, go to TipRanks’ Stock Analysis page.