Result of Retail Offer

Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) is pleased to announce that, further to its announcement of 26 November 2024, it has conditionally raised approximately £45,000 (before expenses) via the conditional issue of 272,727,272 new Ordinary Shares of €0.0001 each (the "Retail Offer Shares") at a price of 0.0165p per share (the "Issue Price") pursuant to its offer to its existing retail shareholders via CMC CapX (the "Retail Offer").

ADMISSION OF NEW SHARES AND TOTAL VOTING RIGHTS

Further to the Retail Offer, admission of 272,727,272 Ordinary Shares to trading on the AIM and Euronext Growth markets is expected to occur on 4 December 2024 ("Admission"). The Retail Offer is conditional on Admission.

Following Admission of the Placing Shares and the Retail Offer Shares, the Company's issued ordinary share capital will comprise 10,437,854,836 Ordinary Shares of €0.0001. There are no Ordinary Shares held in treasury. Accordingly, this number will represent the total voting rights in the Company, and, following Admission, may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Transparency (Directive 2004/109/EC) Regulations 2007. The new Ordinary Shares will rank pari passu in all respects with the Ordinary Shares of the Company currently traded on AIM and Euronext Growth.

The Company's LEI is 635400NZ1RTHSGDVNQ43.