Great Western Mining Corporation (CDI) (GWMO): Eastside-Tango option to KGHM

This situation live

GWMO Great Western Mining Corporation (CDI)

£13m · 2.8p · −30% since the first step

28 May 2026 · Option agreement signed; six-year option period · +11% until the next step KGHM may earn a 100% interest in the Eastside-Tango Project over an option period of up to six years.

29 May 2026 · Option signed; KGHM can earn 100% over time · −28% until the next step KGHM can earn the right to acquire a 100% interest in this exciting project over time and we are very pleased to have a well-funded major mining company involved, with no further financial exposure fo

25 Sep 2026 · Option signed; KGHM funds future work · −14% since KGHM is a major, well-funded mining company and its involvement removes any further financial exposure for Great Western while providing long-term royalty upside.

Disposal of a part (break-up)

Eastside-Tango option to KGHM

Option signed; KGHM funds future work

Every step · 3

28 May 2026 Option agreement signed; six-year option period – KGHM may earn a 100% interest in the Eastside-Tango Project over an option period of up to six years. ↗
29 May 2026 Option signed; KGHM can earn 100% over time – KGHM can earn the right to acquire a 100% interest in this exciting project over time and we are very pleased to have a well-funded major mining company... ↗
25 Sep 2026 Option signed; KGHM funds future work – KGHM is a major, well-funded mining company and its involvement removes any further financial exposure for Great Western while providing long-term royalty upside. ↗

What is happening

Great Western Mining Corporation (CDI): Eastside-Tango option to KGHM – Option signed; KGHM funds future work. ['Option signed; KGHM funds future work']

In short: Option signed in May 2026 lets KGHM earn 100% of Eastside-Tango over time. The half-year report says KGHM's involvement removes Great Western's further financial exposure and leaves long-term royalty upside, so the company can focus on tungsten.
Announced: 28 May 2026 · Option agreement signed; six-year option period
Latest: 25 Sep 2026 · Option signed; KGHM funds future work
Partner: KGHM Polska Miedz S.A.
Company view: Removes further financial exposure, long-term royalty upside

From the company's own announcements. Not investment advice.

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