Exercise Of Warrants And Issue Of Equity
Great Western Mining Corporation PLC announced the exercise of 2,500,000 warrants over new ordinary shares at a price of 0.013 pence per share. These warrants were initially granted in conjunction with a placing announced on June 10, 2025. The company will issue these warrant shares, resulting in gross proceeds of £32,500. Following the issue of these shares, the total number of ordinary shares in issue with voting rights will be 179,689,274. Application has been made for these shares to be admitted to trading on AIM and Euronext Growth, with dealings expected to commence around October 24, 2025.
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Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW), which is exploring and developing multiple early-stage gold, silver and copper targets in Nevada, announces that it has received a notice of exercise of 2,500,000 warrants over new ordinary shares of €0.0001 each in the share capital of the Company at a price of 0.013pence per share ("the Warrant Shares"), which were granted in conjunction with the Placing announced on 10 June 2025. The Company will issue the Warrant Shares with gross proceeds amounting to £32,500.
Settlement and Dealing
Application will be made to the AIM Market of the London Stock Exchange ("AIM") and Euronext Growth for a total of 2,500,000 ordinary shares, which will rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading. Dealings on AIM and Euronext Growth are expected to commence on or around 24 October 2025 ("Admission").
Total Voting Rights
In conformity with Regulation 20 of the Transparency (Directive 2004/109/EC) Regulations 2007, Great Western advises that the total number of ordinary shares of €0.0001 each in issue (with voting rights) will be 179,689,274 following the issue of the Warrant Shares. The Company does not hold any ordinary shares in treasury.
Great Western Mining Corporation PLC (AIM: GWMO / Euronext Growth: 8GW) is a diversified exploration and development company focused on strategic minerals across several 100%-owned claim groups in Mineral County, Nevada, one of the world's most prolific and mining-friendly jurisdictions. Backed by an experienced team, the Company is pursuing a multi-commodity strategy targeting near-term development and longer-term exploration while assessing farm-out and joint venture opportunities to unlock broader portfolio value. As well as its flagship Huntoon Copper Project, which hosts a JORC-compliant resource of 4.3 Mt at 0.45% Cu, with upside from undrilled porphyry targets, it has a pipeline of gold, silver, and early-stage tungsten assets aligned with US critical minerals priorities.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.