Exercise of Warrants
Great Southern Copper PLC announced that Foreign Dimensions Pty Limited exercised warrant rights for 6,250,000 new ordinary shares at 2.4p per share, generating gross proceeds of £150,000. Additionally, another shareholder exercised warrant rights for 4,500,000 new ordinary shares at 2.5p per share, resulting in gross proceeds of £112,500. Application for admission has been made for these 10,750,000 new ordinary shares to trading on the Main Market of the London Stock Exchange, expected around 8 October 2025. Following admission, the total number of issued shares and voting rights will be 584,271,400.
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Further to the announcement made on 5 September 2025, and the subsequent approval of resolution 8 at the Annual General Meeting, Great Southern Copper plc (LSE: GSCU), the company focused on copper-gold-silver exploration in Chile, announces that its largest shareholder, Foreign Dimensions Pty Limited, has partially exercised its warrant rights to subscribe for 6,250,000 new ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at an exercise price of 2.4p per share for gross proceeds of £150,000.
In addition, another shareholder has partially exercised its warrant rights to subscribe for 4,500,000 new ordinary shares of 1p each in the capital of the Company at an exercise price of 2.5p per share for gross proceeds of £112,500.
Admission to Trading and Total Voting Rights
Application for admission has been made and the admission of these 10,750,000 new Ordinary Shares to trading on the Main Market of the London Stock Exchange plc, which is expected to become effective on or around 8.00am on 8 October 2025 ("Admission").
Following Admission, the total number of issued shares and the total number of voting rights in the Company will be 584,271,400. This figure should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.