Exercise of Warrants and Issue of Equity

Summary by AI BETAClose X

Great Western Mining Corporation PLC has announced the exercise of warrants for 3,162,975 new ordinary shares at 1.30 pence each, raising gross proceeds of £41,118.68. These new shares will rank equally with existing shares and are expected to be admitted to trading on AIM and Euronext Growth around April 24, 2026. Following this issuance, the Company's total voting rights will increase to 414,995,106 ordinary shares.

Disclaimer*

Great Western Mining Corp. plc
20 April 2026
 

GREAT WESTERN MINING CORPORATION PLC

("Great Western", "GWM" or the "Company")

 

EXERCISE OF WARRANTS AND ISSUE OF EQUITY

 

Great Western Mining Corporation PLC (AIM: GWMO & ESM: 8GW) announces that it has received a notice of exercise of warrants over 3,162,975 new ordinary shares of €0.0001 each in the share capital of the Company at a price of 1.30 pence 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 £41,118.68.

 

Settlement and Dealing

Application will be made to the AIM Market of the London Stock Exchange ("AIM") and Euronext Growth for a total of 3,162,975 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 April 2026 ("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 414,995,106 following the issue of the Warrant Shares. The Company does not hold any ordinary shares in treasury.

 

This figure may be used by shareholders 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 Great Western under the Transparency (Directive 2004/109/EC) Regulations 2007 and the Transparency Rules.

For further information visit www.greatwesternmining.com or contact:

 

Great Western Mining Corporation PLC


Brian Hall, Chairman

Ed Loye, CEO

c/o St Brides 

greatwesternmining@stbridespartners.co.uk

Max Williams, Finance Director


Davy


Nominated Adviser, Euronext Growth Adviser & Joint Broker


Brian Garrahy

+353 (0)1 679 6363

Shard Capital Partners


Joint Broker


Andrew Gutmann / Erik Woolgar

+44 (0)20 7186 9008

St Brides Partners


Financial PR


Susie Geliher / Isabel de Salis

greatwesternmining@stbridespartners.co.uk

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings