Issue of Shares

RNS Number : 3295B

Great Western Mining Corp. plc

29 January 2020

 

GREAT WESTERN MINING CORPORATION PLC

("Great Western" or the "Company")

ISSUE OF SHARES

Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) advises that it has issued 12,500,000 new Ordinary shares with a nominal value €0.0001 per share ("Ordinary Shares") at a price of 0.11 pence in settlement of certain historic creditors.

Application for Admission in respect of the 12,500,000 Ordinary Shares will be made to both the London Stock Exchange and Euronext Dublin and it is expected that Admission will become effective and that dealings in the Placing Shares will commence on AIM and Euronext Growth at 8.00 a.m. on 5 February 2020.

Following the issue of the shares, the total number of Ordinary Shares of €0.0001 each in issue (with voting rights) will be 1,134,555,459.  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:

Great Western Mining Corporation PLC
Brian Hall, Chairman	[phone] (via Walbrook PR)
Max Williams, Finance Director	[phone] (via Walbrook PR)
Davy (NOMAD, Euronext Growth Adviser & Joint Broker) John Frain	[phone]
Novum Securities (Joint Broker) Jon Belliss	[phone]
ETX Capital (Joint Broker)            Philip Adler	[phone]
Walbrook PR (PR advisers) Nick Rome/Nicholas Johnson	[phone]

 

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