RND - Warrants15 Jan 2021 15:03
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 warrants over 15,000,000 new ordinary
shares of €0.0001 each in the share capital of the Company at a price of 0.20 pence per share
(“the Warrant Shares”), which were granted in conjunction with the Placing on 16 July 2020. The
Company will issue the Warrant Shares with gross proceeds amounting to £30,000.
Settlement and Dealing
Application will be made to the AIM Market of the London Stock Exchange ("AIM") and Euronext
Growth for a total of 15,000,000 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 21 January 2021 ("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 3,085,714,550 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.