{
  "schema_version": "1.0.0",
  "ticker": "GBM",
  "company_name": "GBM Resources Limited",
  "cutoff_date": "2026-10-31",
  "reviewed_at": "2026-10-31",
  "coverage_note": "Top-20 register as at 31 August 2026, plus earlier separately dated substantial-holder notices. The reporting-group and register views can overlap.",
  "register": {
    "as_of_date": "2026-08-31",
    "issued_shares": 4908399700,
    "source_ids": [
      "annual-2026"
    ],
    "holders": [
      {
        "holder_id": "register-01",
        "name": "CITICORP NOMINEES PTY LIMITED",
        "classification": "nominee_custodian",
        "shares": 1273467490,
        "percentage": 25.94,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered nominee account; no beneficial owner is inferred."
        ]
      },
      {
        "holder_id": "register-02",
        "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED",
        "classification": "nominee_custodian",
        "shares": 481767310,
        "percentage": 9.82,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered nominee account; no beneficial owner is inferred."
        ]
      },
      {
        "holder_id": "register-03",
        "name": "WISE WALKERS LIMITED",
        "classification": "direct_holder",
        "shares": 421736926,
        "percentage": 8.59,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [],
        "caveat": "Issuer register is 500 million shares below the March 2026 substantial notice; change is unreconciled."
      },
      {
        "holder_id": "register-04",
        "name": "BNP PARIBAS NOMINEES PTY LTD <IB AU NOMS RETAILCLIENT>",
        "classification": "nominee_custodian",
        "shares": 255529168,
        "percentage": 5.21,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered nominee account; no beneficial owner is inferred."
        ]
      },
      {
        "holder_id": "register-05",
        "name": "ARREDO PTY LTD",
        "classification": "direct_holder",
        "shares": 200000000,
        "percentage": 4.07,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-06",
        "name": "PEARL PRIYANTHI VAN BEECK",
        "classification": "direct_holder",
        "shares": 131625000,
        "percentage": 2.68,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-07",
        "name": "AEGP SUPER PTY LTD <AEGP SUPERANNUATION FUND A/C>",
        "classification": "direct_holder",
        "shares": 100000000,
        "percentage": 2.04,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-08",
        "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 2",
        "classification": "nominee_custodian",
        "shares": 61762011,
        "percentage": 1.26,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered nominee account; no beneficial owner is inferred."
        ]
      },
      {
        "holder_id": "register-09",
        "name": "VERRIERDALE INVESTMENTS PTY LTD <BRUSH BOX SUPER FUND A/C>",
        "classification": "direct_holder",
        "shares": 56214515,
        "percentage": 1.15,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-10",
        "name": "BNP PARIBAS NOMS PTY LTD",
        "classification": "nominee_custodian",
        "shares": 51117047,
        "percentage": 1.04,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered nominee account; no beneficial owner is inferred."
        ]
      },
      {
        "holder_id": "register-11",
        "name": "OVERLAND CORNER WEST PTY LTD <DEVAUX FAMILY A/C>",
        "classification": "direct_holder",
        "shares": 50000001,
        "percentage": 1.02,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-12",
        "name": "IOLANTHE CAPITAL PTY LTD <IOLANTHE HOLDINGS A/C>",
        "classification": "direct_holder",
        "shares": 50000000,
        "percentage": 1.02,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-13",
        "name": "BELL POTTER NOMINEES LTD <BB NOMINEES A/C>",
        "classification": "nominee_custodian",
        "shares": 49675102,
        "percentage": 1.01,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered nominee account; no beneficial owner is inferred."
        ]
      },
      {
        "holder_id": "register-14",
        "name": "JAF CAPITAL PTY LTD",
        "classification": "direct_holder",
        "shares": 40000000,
        "percentage": 0.81,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-15",
        "name": "VERVE INVESTMENTS PTY LTD",
        "classification": "direct_holder",
        "shares": 35000000,
        "percentage": 0.71,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-16",
        "name": "SANDHURST TRUSTEES LTD <COLLINS ST VALUE FUND A/C>",
        "classification": "nominee_custodian",
        "shares": 34562530,
        "percentage": 0.7,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered nominee account; no beneficial owner is inferred."
        ]
      },
      {
        "holder_id": "register-17",
        "name": "MR CHARLES LOCKE",
        "classification": "direct_holder",
        "shares": 34291228,
        "percentage": 0.7,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-18",
        "name": "NOOKAMKA HOLDINGS PTY LTD <NOOKAMKA HOLDINGS SUPER A/C>",
        "classification": "direct_holder",
        "shares": 28333333,
        "percentage": 0.58,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-19",
        "name": "MR THOMAS LLOYD HODGE",
        "classification": "direct_holder",
        "shares": 28000000,
        "percentage": 0.57,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      },
      {
        "holder_id": "register-20",
        "name": "SAMUEL HOLDINGS PTY LTD <SAMUEL DISCRETIONARY A/C>",
        "classification": "direct_holder",
        "shares": 27103237,
        "percentage": 0.55,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-08-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": []
      }
    ]
  },
  "substantial_holders": [
    {
      "holder_id": "wise",
      "name": "Wise Walkers Limited",
      "classification": "reporting_group",
      "shares": 921736926,
      "percentage": 18.92,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-03-04",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "wise-2026",
        "annual-2026"
      ],
      "notes": [
        "Voting power is from the dated notice and is not restated after later capital changes."
      ],
      "caveat": "The later register lists 421,736,926 in Wise Walkers’ name; 500 million shares are not reconciled."
    },
    {
      "holder_id": "jupiter",
      "name": "Jupiter Asset Management Ltd",
      "classification": "reporting_group",
      "shares": 255955729,
      "percentage": 5.7,
      "percentage_basis": "voting_power",
      "as_of_date": "2025-10-16",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "jupiter-2025",
        "annual-2026"
      ],
      "notes": [
        "Voting power is from the dated notice and is not restated after later capital changes."
      ],
      "caveat": "Historic 5.70% voting power predates subsequent share issues."
    }
  ],
  "sources": [
    {
      "source_id": "annual-2026",
      "title": "Annual Report 2026",
      "publisher": "GBM Resources Limited via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03142211-6A1346682",
      "publication_date": "2026-09-30",
      "accessed_date": "2026-10-31",
      "locator": "downloads/GBM/2026/2026-09-30_Annual Report to shareholders_9b984ca151d73527.pdf, PDF pages 66–67",
      "detail": "Top-20 register at 31 August 2026 and earlier substantial-notice summary."
    },
    {
      "source_id": "wise-2026",
      "title": "Wise Walkers change in substantial holding",
      "publisher": "Wise Walkers Limited via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03065336-6A1315103",
      "publication_date": "2026-03-06",
      "accessed_date": "2026-10-31",
      "locator": "downloads/GBM/2026/2026-03-06_Change in substantial holding_06209a09a677b5e4.pdf, page 1",
      "detail": "921,736,926 ordinary shares and 18.92% voting power on 4 March 2026."
    },
    {
      "source_id": "jupiter-2025",
      "title": "Jupiter becoming a substantial holder",
      "publisher": "Jupiter Asset Management via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03009324-6A1290851",
      "publication_date": "2025-10-17",
      "accessed_date": "2026-10-31",
      "locator": "downloads/GBM/2025/2025-10-17_Becoming a substantial holder_c27ccbee766484d9.pdf, page 1",
      "detail": "255,955,729 ordinary shares and 5.70% voting power on 16 October 2025."
    },
    {
      "source_id": "arredo-2025",
      "title": "Arredo ceasing to be a substantial holder",
      "publisher": "Arredo Pty Ltd via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03010010-6A1291131",
      "publication_date": "2025-10-17",
      "accessed_date": "2026-10-31",
      "locator": "downloads/GBM/2025/2025-10-17_Ceasing to be a substantial holder_c479ad2729baa6a4.pdf, page 1",
      "detail": "Cessation on 16 October 2025 arose from dilution; it does not establish a sale or zero holding."
    }
  ],
  "limitations": [
    "Wise Walkers’ March 2026 notice records 921,736,926 registered shares, whereas the August register lists 421,736,926 under the same name; the 500 million difference is unreconciled.",
    "Arredo ceased being substantial on 16 October 2025 by dilution, not necessarily sale; its August registered holding remains visible separately.",
    "Historical voting percentages predate later capital changes.",
    "Nominee names do not establish beneficial ownership, and registered holdings must not be summed with substantial reporting-group interests.",
    "No later substantial-holder notice was found in the cached ASX manifest through 31 October 2026; sub-threshold changes may not be disclosed."
  ]
}
