Genesis Minerals updates capital structure following cessation of performance rights

Genesis Minerals Limited (GMD) has announced the cessation of 49,000 unquoted performance rights (ASX code: GMDAAE) effective October 8, 2025. The company stated that these securities ceased due to the lapse of conditional rights, as the specified conditions were either not satisfied or became incapable of being satisfied. The cessation was also attributed to the cessation of employment for the holders of these rights. Genesis Minerals confirmed it is not paying any consideration for this cessation.

Following this change, the total number of unquoted performance rights (GMDAAE) on issue for Genesis Minerals Limited now stands at 9,852,611. Other unquoted securities include 690,000 options (GMDAZ), 13,508,000 retention rights (GMDAAD), and 29,766 share rights (GMDAA).

The issued capital of the company now comprises 1,141,882,635 ordinary fully paid shares (GMD) on issue. This notification provides an update on the company's capital structure following the adjustment to its unquoted securities.