Great Western Regulatory News (GWMO)

GREAT WESTERN MINING CORPORATION PLC

("Great Western" or the "Company")

Exercise of Warrants and Issue of Equity

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 notices of exercise of warrants over 37,000,000 new ordinary shares of €0.0001 each in the share capital of the Company ("the Warrant Shares"). Of the Warrant shares, 27,000,000 new ordinary shares of €0.0001 will be issued at a price of 0.10 pence per share and 10,000,000 new ordinary shares of €0.0001 each at a price of 0.20 pence per share which were granted in conjunction with the Placing on 16 July 2020.  The Company will issue the Warrant Shares with gross proceeds amounting to £47,000.

Settlement and Dealing 

Application will be made to the AIM Market of the London Stock Exchange ("AIM") and Euronext Growth for a total of 37,000,000 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 8 October 2020 ("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 2,394,964,550 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.