{
  "schema_version": "1.0.0",
  "ticker": "GHM",
  "company_name": "Golden Horse Minerals Limited",
  "cutoff_date": "2026-10-09",
  "reviewed_at": "2026-10-09",
  "coverage_note": "Latest full top-20 register located in the local ASX cache is the 12 December 2024 report. Later notices report 1832 Asset Management L.P. at 17,142,399 common shares (7.42%) following 10 November 2025 changes, and The Bank of Nova Scotia group at 10,103,396 common shares (5.03%) on 15 October 2025. No later register was located.",
  "register": {
    "as_of_date": "2024-12-12",
    "issued_shares": 155900671,
    "source_ids": [
      "register"
    ],
    "holders": [
      {
        "holder_id": "emerald-resources-nl",
        "name": "EMERALD RESOURCES NL",
        "classification": "direct_holder",
        "shares": 32000000,
        "percentage": 20.53,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "cds-and-co",
        "name": "CDS & CO",
        "classification": "nominee_custodian",
        "shares": 12196547,
        "percentage": 7.82,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "citicorp-nominees-pty-limited",
        "name": "CITICORP NOMINEES PTY LIMITED",
        "classification": "nominee_custodian",
        "shares": 8661914,
        "percentage": 5.56,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "mostia-dion-nominees-pty-ltd-tr-mark-rowsthorn-family-trust",
        "name": "MOSTIA DION NOMINEES PTY LTD TR MARK ROWSTHORN FAMILY TRUST",
        "classification": "nominee_custodian",
        "shares": 6341575,
        "percentage": 4.07,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "colbern-fiduciary-nominees-pty-ltd",
        "name": "COLBERN FIDUCIARY NOMINEES PTY LTD",
        "classification": "nominee_custodian",
        "shares": 4409640,
        "percentage": 2.83,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "bnp-paribas-noms-pty-ltd",
        "name": "BNP PARIBAS NOMS PTY LTD",
        "classification": "nominee_custodian",
        "shares": 3360000,
        "percentage": 2.16,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "surveyor-resources-pty-ltd",
        "name": "SURVEYOR RESOURCES PTY LTD",
        "classification": "direct_holder",
        "shares": 5465621,
        "percentage": 3.51,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "west-australian-prospectors-pty-ltd",
        "name": "WEST AUSTRALIAN PROSPECTORS PTY LTD",
        "classification": "direct_holder",
        "shares": 4104102,
        "percentage": 2.63,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "hsbc-custody-nominees-australia-limited",
        "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED",
        "classification": "nominee_custodian",
        "shares": 2817190,
        "percentage": 1.81,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "bnp-paribas-noms-pty-ltd-global-markets",
        "name": "BNP PARIBAS NOMS PTY LTD <GLOBAL MARKETS>",
        "classification": "nominee_custodian",
        "shares": 2760000,
        "percentage": 1.77,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "burra-woolshed-investments-tr-the-burra-station-trust",
        "name": "BURRA WOOLSHED INVESTMENTS TR THE BURRA STATION TRUST",
        "classification": "direct_holder",
        "shares": 2000000,
        "percentage": 1.28,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "verite-trust-company-limited",
        "name": "VERITE TRUST COMPANY LIMITED",
        "classification": "direct_holder",
        "shares": 1972251,
        "percentage": 1.27,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "curious-commodities-pty-ltd-curious-commodities-trad-a-c",
        "name": "CURIOUS COMMODITIES PTY LTD <CURIOUS COMMODITIES TRAD A/C>",
        "classification": "direct_holder",
        "shares": 1760000,
        "percentage": 1.13,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "hsbc-custody-nominees-australia-limited-a-c-2",
        "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 2",
        "classification": "nominee_custodian",
        "shares": 1720000,
        "percentage": 1.1,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "bnp-paribas-nominees-pty-ltd-ib-au-noms-retailclient",
        "name": "BNP PARIBAS NOMINEES PTY LTD <IB AU NOMS RETAILCLIENT>",
        "classification": "nominee_custodian",
        "shares": 1718000,
        "percentage": 1.1,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "piama-pty-ltd-fena-superannuation-plan-a-c",
        "name": "PIAMA PTY LTD <FENA SUPERANNUATION PLAN A/C>",
        "classification": "direct_holder",
        "shares": 1600000,
        "percentage": 1.03,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "ms-cheryl-i-wen-lee-chi-wen-a-c",
        "name": "MS CHERYL I-WEN LEE <CHI WEN A/C>",
        "classification": "direct_holder",
        "shares": 1200000,
        "percentage": 0.77,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "realee-pty-ltd-realee-a-c",
        "name": "REALEE PTY LTD <REALEE A/C>",
        "classification": "direct_holder",
        "shares": 1200000,
        "percentage": 0.77,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "john-jones",
        "name": "JOHN JONES",
        "classification": "direct_holder",
        "shares": 1091940,
        "percentage": 0.7,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      },
      {
        "holder_id": "john-l-c-jones",
        "name": "JOHN L C JONES",
        "classification": "direct_holder",
        "shares": 1091940,
        "percentage": 0.7,
        "percentage_basis": "issued_shares",
        "as_of_date": "2024-12-12",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "register"
        ],
        "notes": []
      }
    ]
  },
  "substantial_holders": [
    {
      "holder_id": "the-bank-of-nova-scotia-and-controlling-entities-group",
      "name": "The Bank of Nova Scotia and controlling entities",
      "classification": "reporting_group",
      "shares": 10103396,
      "percentage": 5.03,
      "percentage_basis": "voting_power",
      "as_of_date": "2025-10-15",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "scotia"
      ],
      "notes": [
        "Form 603 reports the group’s common shares and voting power."
      ]
    },
    {
      "holder_id": "1832-asset-management-l-p-group",
      "name": "1832 Asset Management L.P.",
      "classification": "reporting_group",
      "shares": 17142399,
      "percentage": 7.42,
      "percentage_basis": "voting_power",
      "as_of_date": "2025-11-10",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "1832"
      ],
      "notes": [
        "Latest located company notice reports the position following 10 November 2025 changes."
      ]
    }
  ],
  "sources": [
    {
      "source_id": "register",
      "title": "Top 20 Holders and Distribution Schedule",
      "publisher": "ASX / issuer disclosure / Golden Horse Minerals Limited",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02894053-6A1243302",
      "publication_date": "2024-12-12",
      "accessed_date": "2026-10-09",
      "locator": "page 1, Top 20 Holders, local copy downloads/GHM/2024/2024-12-12_Top 20 Holders and Distribution Schedule_e91ac46a18ce66cb.pdf",
      "detail": "Source reports 97,470,720 top-20 shares/CDIs and 58,429,951 remaining, totaling 155,900,671."
    },
    {
      "source_id": "scotia",
      "title": "Becoming a substantial holder",
      "publisher": "ASX / issuer disclosure / Golden Horse Minerals Limited",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03009345-6A1290853",
      "publication_date": "2025-10-17",
      "accessed_date": "2026-10-09",
      "locator": "Form 603, local copy downloads/GHM/2025/2025-10-17_Becoming a substantial holder_17111c1d69f5e79b.pdf",
      "detail": "The Bank of Nova Scotia and controlling entities reported 10,103,396 common shares and 5.03% voting power on 15 October 2025."
    },
    {
      "source_id": "1832",
      "title": "Change in substantial holding – 1832 Asset Management LP",
      "publisher": "ASX / issuer disclosure / Golden Horse Minerals Limited",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03029031-6A1299512",
      "publication_date": "2025-11-27",
      "accessed_date": "2026-10-09",
      "locator": "Notice detail, local copy downloads/GHM/2025/2025-11-27_Change in substantial holding - 1832 Asset Management LP_4d36c270245e5642.pdf",
      "detail": "1832 Asset Management L.P. reported 17,142,399 common shares and 7.42% voting power after 10 November 2025 changes."
    }
  ],
  "limitations": [
    "Top-20 register is dated December 2024 and is not current; the issuer’s disclosed 2025 substantial-holder notices are listed separately.",
    "Register’s denominator (155,900,671) is the sum of top-20 shares and remaining balance printed in the report; no later issued-share denominator is asserted."
  ]
}
