{
  "schema_version": "1.0.0",
  "ticker": "FML",
  "company_name": "Focus Minerals Limited",
  "cutoff_date": "2026-10-09",
  "reviewed_at": "2026-10-09",
  "coverage_note": "Latest complete register reviewed is dated 17 March 2026. The annual report does not provide a later register or subsequent material ownership notice in the reviewed local ASX cache through 9 October 2026.",
  "register": {
    "as_of_date": "2026-03-17",
    "issued_shares": 286558645,
    "source_ids": [
      "annual-2025"
    ],
    "holders": [
      {
        "holder_id": "register-1",
        "name": "SHANDONG GOLD INTERNATIONAL MINING CORPORATION LIMITED",
        "classification": "direct_holder",
        "shares": 180079908,
        "percentage": 62.84,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-2",
        "name": "BNP PARIBAS NOMINEES PTY LTD <IB AU NOMS RETAILCLIENT>",
        "classification": "nominee_custodian",
        "shares": 17724419,
        "percentage": 6.19,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-3",
        "name": "BNP PARIBAS NOMINEES PTY LTD <CLEARSTREAM>",
        "classification": "nominee_custodian",
        "shares": 8733405,
        "percentage": 3.05,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-4",
        "name": "CITICORP NOMINEES PTY LIMITED",
        "classification": "nominee_custodian",
        "shares": 5875884,
        "percentage": 2.05,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-5",
        "name": "MR NANSEN NAIDOO",
        "classification": "direct_holder",
        "shares": 4518610,
        "percentage": 1.58,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-6",
        "name": "BNP PARIBAS NOMS PTY LTD",
        "classification": "direct_holder",
        "shares": 3819760,
        "percentage": 1.33,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-7",
        "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED",
        "classification": "nominee_custodian",
        "shares": 3445969,
        "percentage": 1.2,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-8",
        "name": "MOCOCO PTY LTD <MOCOCO A/C>",
        "classification": "direct_holder",
        "shares": 2120954,
        "percentage": 0.74,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-9",
        "name": "J P MORGAN NOMINEES AUSTRALIA PTY LIMITED",
        "classification": "nominee_custodian",
        "shares": 1966058,
        "percentage": 0.69,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-10",
        "name": "RP ADMIN PTY LTD <R P SUPERANNUATION FUND A/C>",
        "classification": "direct_holder",
        "shares": 1800000,
        "percentage": 0.63,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-11",
        "name": "MR YIFEI WANG",
        "classification": "direct_holder",
        "shares": 1725157,
        "percentage": 0.6,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-12",
        "name": "MR GRAHAM PAUL ELLIS",
        "classification": "direct_holder",
        "shares": 1627900,
        "percentage": 0.57,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-13",
        "name": "NEWECONOMY COM AU NOMINEES PTY LIMITED <900 ACCOUNT>",
        "classification": "nominee_custodian",
        "shares": 1516389,
        "percentage": 0.53,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-14",
        "name": "MRS SUZANNE JOY ROBERTSON",
        "classification": "direct_holder",
        "shares": 1230000,
        "percentage": 0.43,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-15",
        "name": "ERIC'S PTY LIMITED <EMPLOYEES PROVIDENT FUND A/C>",
        "classification": "direct_holder",
        "shares": 1050000,
        "percentage": 0.37,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-16",
        "name": "MR YEE HUNG CHEW",
        "classification": "direct_holder",
        "shares": 971000,
        "percentage": 0.34,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-17",
        "name": "MR TARANDEEP SINGH NANDA + MRS AMANDEEP KAUR BEDI <TARANNANDA SUPERFUND A/C>",
        "classification": "direct_holder",
        "shares": 970000,
        "percentage": 0.34,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-18",
        "name": "KAHUNA CLOTHING AND TRADING CO PTY LTD <UTTLEYMOORE S/F A/C>",
        "classification": "direct_holder",
        "shares": 800412,
        "percentage": 0.28,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-19",
        "name": "MR TARANDEEP NANDA",
        "classification": "direct_holder",
        "shares": 798617,
        "percentage": 0.28,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      },
      {
        "holder_id": "register-20",
        "name": "WARBONT NOMINEES PTY LTD <UNPAID ENTREPOT A/C>",
        "classification": "nominee_custodian",
        "shares": 788757,
        "percentage": 0.28,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-03-17",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2025"
        ],
        "notes": []
      }
    ]
  },
  "substantial_holders": [
    {
      "holder_id": "shandong-gold",
      "name": "Shandong Gold International Mining Corporation Limited",
      "classification": "reporting_group",
      "shares": 181079908,
      "percentage": 63.19,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-03-17",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "annual-2025"
      ],
      "notes": [
        "The annual report summary states 181,079,908 shares; its own top-20 registered account table lists 180,079,908 shares. The one-million-share discrepancy is retained as a caveat rather than reconciled by assumption."
      ],
      "caveat": "Annual report substantial-holder summary and top-20 account quantity differ by 1,000,000 shares."
    }
  ],
  "sources": [
    {
      "source_id": "annual-2025",
      "title": "Annual Report to Shareholders",
      "publisher": "Focus Minerals Limited / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03073696-6A1318527",
      "publication_date": "2026-03-30",
      "accessed_date": "2026-10-09",
      "locator": "downloads/FML/2026/2026-03-30_Annual Report to Shareholders.pdf; PDF pages 83-84, ASX Additional Information and Twenty Largest Shareholders",
      "detail": "Complete 20-account ordinary-share register dated 17 March 2026, with quantities, percentages and denominator; report also names Shandong Gold International Mining Corporation Limited as a substantial holder."
    }
  ],
  "limitations": [
    "The top-20 register records registered accounts and does not identify underlying beneficial owners behind nominee and custodial accounts.",
    "The annual report states Shandong Gold held 181,079,908 shares as a substantial holder, while its top-20 table lists its registered account at 180,079,908 shares; the discrepancy is unresolved. No later filed notice was located in the reviewed cache through the cutoff."
  ]
}