Result of AGM

RNS Number : 4942S

Great Western Mining Corp. plc

14 July 2022

 

GREAT WESTERN MINING CORPORATION PLC

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

Result of Annual General Meeting

Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) which is exploring and developing early-stage gold, silver and copper targets in Nevada, announces that at its Annual General Meeting held today, all resolutions were duly passed.

The four resolutions were passed as Ordinary Resolutions. Voting on all resolutions at the Annual General Meeting was conducted by poll and the results are as follows:

Resolution	For	%	Against	%	Vote Total	Vote Total as % of Issued Share Capital	Withheld*
1.  To receive and adopt the accounts of the Company for the year ended 31 December 2021	140,885,745	100.00	-	0.00	140,885,745	3.94	0
2.  To authorise the Directors to appoint the auditor and fix remuneration	140,622,173	100.00	-	0.00	140,622,173	3.93	263,572
3.  To re-elect Robert O'Connell as Director	140,622,173	100.00	-	0.00	140,622,173	3.93	263,572
4.  To re-elect Andrew Hay as Director	140,622,173	100.00	-	0.00	140,622,173	3.93	263,572

* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.  

For further information:

Great Western Mining Corporation PLC
Brian Hall, Chairman	[phone]
Max Williams, Finance Director	[phone]
Davy (NOMAD, Euronext Growth Adviser & Joint Broker) Brian Garrahy	[phone]
Novum Securities (Joint Broker) Jon Belliss	[phone]
Walbrook PR (PR advisers) Nick Rome	[phone]

Notes to Editors

The Company has a large tract of acreage in Mineral County, Nevada. The area consists of rugged, mountainous terrain, which means that large parts of it remain under-explored. Mineral potential is hosted by the regional Walker Lane Structural Belt, the largest structural and metallogenic belt in Nevada, yet one of the least explored in recent times, with gold, silver and copper currently produced in Mineral County.  Great Western has seven distinct concession areas which offer the potential for exploiting (1) short term gold and silver deposits and (2) long-term, world-class copper deposits. 

Six of the Company's properties are in the west of Mineral County and are 100% owned and operated.  The Company has an option to acquire a seventh property, the Olympic Gold Project, in the east of the county.  Great Western's small exploration team is supported by locally based consultants and contractors. 

The state of Nevada is generally considered to be one of the world's most mining friendly jurisdictions.  While tightly regulated and environmentally conscious, Nevada welcomes the mining industry.  Great Western takes care to ensure that its claims are maintained in good standing and all regulations observed. 

There are numerous gold and silver prospects on the Company's acreage, including extensive historic mine workings which offer the opportunity for secondary recovery. 

Furthermore, through extensive drilling over a five-year period, GWM has established a Mineral Resource on its first target area known as M2, of 4.3 million tonnes 0.45% copper, for 19,000 tonnes of contained copper metal. This resource has been independently reported in accordance with JORC guidelines. 

 

END

 

 

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