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Greenvale Energy Ltd

ASX:GRV
A$0.021Close 7 Oct 2026 · delayed

Past year: ▼ 62%(2.10c – 5.50c AUD)

Market cap
A$14.5m
Shares on issue
688m
In-ground value
A$3.07bn
Risked multiple
under review
Story beats
149 since 2006
Last event
1 Sept 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

28 July 2026capital raising announcement● NeutralMajor

Firm commitments to raise ~$3.25M via placement of 98.5M shares at $0.033, a 13.2% discount to last price, with a free 1:2 option at $0.07 (subject to shareholder approval). Directors to add $100k. Funds mainly go to Thunderball uranium exploration.

What it means for a shareholder

98.5m new shares at A$0.033 to raise about A$3.3m. That's 14% dilution: every existing holder's slice gets 14% smaller. If you held A$1,000 of shares (30,303 at the issue price), your slice goes from 0.00515% to 0.00441% of the company. To keep it you'd need 5,074 more shares - about A$167 at the issue price.

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4 Dec 2025capital raising announcement▲ GoodMajor

The share purchase plan drew firm applications of about $856,000 against a $500k target, and all were accepted: 19.45M shares at $0.044 with free 1-for-2 options at $0.07. Together with the ~$1M placement, funds uranium work. Option approval meeting now expected early January 2026.

What it means for a shareholder

19.4m new shares at A$0.044 to raise about A$856,000. That's 3.2% dilution: every existing holder's slice gets 3.2% smaller. If you held A$1,000 of shares (22,727 at the issue price), your slice goes from 0.00386% to 0.00374% of the company. To keep it you'd need 751 more shares - about A$33 at the issue price.

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27 Nov 2025capital raising announcement● Neutral

Reminder that the share purchase plan closes 27 November: eligible holders can buy up to $30,000 at $0.044 with a free 1-for-2 option at $0.07. Directors and management who are eligible are participating. Results due 4 December. No new information.

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13 Nov 2025capital raising announcement● Neutral

Prospectus for the share purchase plan: eligible holders can apply for up to $30,000 of shares at $0.044, with a free option exercisable at $0.07, to raise up to $500,000. Closes 27 November. Also offers the placement options. Formal documentation of the 6 November raising.

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6 Nov 2025capital raising announcement● NeutralMajor

Greenvale raised ~$1.05M via a placement of 23.66M shares at $0.044, a 17.7% discount to the 15-day VWAP, with free 1-for-2 options at $0.07. A $500k share purchase plan on the same terms follows. Funds go to uranium exploration and growth opportunities.

What it means for a shareholder

23.7m new shares at A$0.044 to raise about A$1.1m. That's 4.2% dilution: every existing holder's slice gets 4.2% smaller. If you held A$1,000 of shares (22,727 at the issue price), your slice goes from 0.00417% to 0.004% of the company. To keep it you'd need 986 more shares - about A$43 at the issue price.

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24 Mar 2025capital raising announcement● NeutralMajor

Greenvale raised A$1.8M in a placement at $0.048 per share (about 37.5M shares), an 18.6% discount to last close. Funds go to Oasis drilling targeted for April 2025, NT uranium work, Alpha Test Programs 6 and 7, and working capital. It is the first raising since the withdrawn June 2024 SPP.

What it means for a shareholder

37.5m new shares at about A$0.048 to raise about A$1.8m. That's 7.2% dilution: every existing holder's slice gets 7.2% smaller. If you held A$1,000 of shares (20,833 at the issue price), your slice goes from 0.00428% to 0.00397% of the company. To keep it you'd need 1,605 more shares - about A$77 at the issue price.

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14 June 2024capital raising announcement▼ BadMajor

Greenvale withdrew the 7 June $1.9M Share Purchase Plan at 5c, citing uncertain markets and the recent share price decline. It may raise again once Alpha updates are out, and is reviewing new acquisition opportunities.

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7 June 2024capital raising announcement▼ BadMajor

Greenvale issued 18.5M shares to Pioneer at 5.4c, cutting the loan from $3.287M to $2.287M, and planned a $1.9M SPP at 5c (38M shares). The Alpha PFS is now to be revised to a Scoping Study. Full Pioneer repayment deferred to conserve cash. Test Program 4 testing complete.

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13 Nov 2023capital raising announcement● Neutral

Greenvale issued 7,453,125 shares to Pioneer at $0.064 to settle $477,000 of the $4M prepayment. This is the second conversion after April's $0.082. Future requests below the $0.07 floor are to be repaid in cash plus a 9% premium, not shares.

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27 Apr 2023capital raising announcement▼ Bad

Greenvale issued 6,780,488 shares to Pioneer at $0.082 each against $556,000 of the $4M February prepayment. This is the first conversion of the prepayment, at a price far below the initial $0.35, so it dilutes existing holders.

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1 Feb 2023capital raising announcement▲ GoodMajor

Greenvale raises $4M from US investor Pioneer Resource Partners as a prepayment for $4.32M of shares, issued within 24 months at the investor's request. Initial price is $0.35, resetting after 20 March to a discount to market, with a $0.07 floor. Funds go to the Alpha study and pilot plant.

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31 Oct 2022capital raising announcement● NeutralMajor

The share purchase plan raised about $1.47M, short of the $2.4M target, from 117 holders at $0.06. All applications are filled, issuing 24,444,050 new shares on 3 November. With the director loan, management says the Alpha study should be funded.

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4 Oct 2022capital raising announcement● Neutral

The share purchase plan opens 5 October with the offer booklet issued: up to $30,000 per eligible holder at $0.06, targeting $2.4M, closing 21 October. Terms repeat the 28 September launch; the booklet notes a cap of 119,183,447 shares.

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28 Sept 2022capital raising announcement● NeutralMajor

Greenvale launches a share purchase plan to raise up to $2.4M at $0.06 per share (15% discount), up to $30,000 each. Cash was $2.45M. Funds go to the Alpha pre-feasibility study (Q1 2023) and geothermal work. Not underwritten.

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26 Apr 2021capital raising announcement▲ GoodMajor

Greenvale placed 15M shares at $0.20 to a single institutional investor, about $3M, lifting cash to over $10M. The adviser Evolution gets 900,000 shares and 4M options at $0.35. The price is well above the $0.13 SPP price.

What it means for a shareholder

15.0m new shares at A$0.200 to raise about A$3.0m. That's 3.8% dilution: every existing holder's slice gets 3.8% smaller. If you held A$1,000 of shares (5,000 at the issue price), your slice goes from 0.00133% to 0.00128% of the company. To keep it you'd need 199 more shares - about A$40 at the issue price.

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18 Mar 2021capital raising announcement▲ GoodMajor

The share purchase plan drew about $6.4M of applications at $0.13 and was upsized to $4.5M (from $3M), issuing ~34.6M shares (about 10.1% of shares on issue) with scale-backs. Cash is expected to reach ~$8M, funding Alpha and faster Georgina exploration.

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26 Feb 2021capital raising announcement● Neutral

The share purchase plan opens, offering eligible shareholders up to $30,000 of shares at $0.13, targeting up to $3M and closing 15 March. The booklet says small holdings will be sold after closing. Continues the 19 February announcement.

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19 Feb 2021capital raising announcement● NeutralMajor

Greenvale plans a share purchase plan of up to $3M at $0.13 per share (23.1M shares, up to $30,000 each), a 19.63% discount to the 5-day average. Not underwritten; closes 15 March. Funds Alpha work; sale of small holdings to follow. Price is well above the 1.9c placements.

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11 Aug 2020capital raising announcement▲ GoodMajor

Greenvale exercises its option to take Knox Resources to 100%. It placed 34.8M shares at 1.9c (about $661K), with about $1.29M more in applications, mostly conditional on shareholder approval, including $450K from Biddle Partners and Kalonda. Totals over $4M raised or to be raised.

What it means for a shareholder

34.8m new shares at A$0.019 to raise about A$661,000. That's 13% dilution: every existing holder's slice gets 13% smaller. If you held A$1,000 of shares (52,632 at the issue price), your slice goes from 0.0225% to 0.0196% of the company. To keep it you'd need 7,838 more shares - about A$149 at the issue price.

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28 July 2020capital raising announcement● NeutralMajor

The entitlement offer closed fully allocated at $0.019 per share. Eligible shareholders took only 36.15% of the new shares plus 2.63% via shortfall; the underwriter took 61.22% (69.07M shares). Trading expected 31 July.

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23 July 2020capital raising announcement● Neutral

The roughly $2.1M entitlement offer closed on 23 July; new shares trade on a deferred settlement basis from 24 July. It is fully underwritten by Blue Ocean Equities. Results are due 28 July.

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9 July 2020capital raising announcement● Neutral

Notice to shareholders with addresses outside Australia and New Zealand that they cannot take part in the $0.019 entitlement offer. Administrative notice required by the listing rules; no new information.

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9 July 2020capital raising announcement● Neutral

Letter to eligible shareholders opening the 1-for-1 entitlement offer at $0.019 to raise about $2.143M, underwritten by Blue Ocean Equities. Offer runs 9 to 23 July. Funds go to exploration at three projects, working capital and overdue directors' fees. Largely repeats the prospectus.

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29 June 2020capital raising announcement▲ GoodMajor

Greenvale lodged the prospectus for its 1-for-1 entitlement offer at $0.019 per share to raise about $2.143M, fully underwritten by Blue Ocean Equities. The offer runs 9 to 23 July 2020. This is the rights issue planned since late 2019.

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19 May 2015capital raising announcement▼ BadMajor

Board plans a fully underwritten rights issue of 2 new shares for every 3 held, at about 1.25c to raise about $800,000 for working capital. It also defers the AIM listing to Q3 and opens the door to acquisitions, even outside mining. Povey joins the board; Knauer resigns.

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14 Oct 2013capital raising announcement● NeutralMajor

Greenvale arranged $1.19M of convertible loans, to become $10,000 notes subject to shareholder approval at the November AGM. Notes pay 8%, convert at the lesser of 10c or 85% of the 5-day average price, and carry free 10c options. Related parties took part.

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2 Oct 2012capital raising announcement● NeutralMajor

The call is complete: 135,579 of 7,164,172 partly paid shares were paid up, and 7,028,593 were forfeited and sold at auction at 5c each. Total raised from the call and auction is $371,766, well below the full 15c on all shares.

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8 May 2012capital raising announcement● NeutralMajor

Share purchase plan offered to eligible holders at 10c per share, a 15% discount to the 11.5c 20-day average, raising up to $1.5M. Each holder may apply for up to $15,000; closing 1 June 2012. Funds go to working capital; a call on partly paid shares follows.

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1 Feb 2011capital raising announcement● Neutral

Greenvale completed the allotment of the shortfall from the rights issue on 1 February 2011, completing the underwritten raise of about $1.36 million at 8.5c.

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27 Jan 2011capital raising announcement● Neutral

Valid applications received for 7,546,059 shares in the rights issue, against about 16.0 million on offer. The shortfall will be placed by underwriter Novus under the underwriting agreement.

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