Great Western Mining Corporation PLC Announces Exercise Of Warrants And Issue Of Equity
Voting shares will total 447,553,378 following the warrant share issue, providing the denominator for shareholder interest notifications.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Great Western Mining Corporation (GWMOF) has issued 9,115,000 ordinary shares following the exercise of warrants at 2 pence per share.
The issue generated £182,300.00 in gross proceeds. The warrants were granted in conjunction with the placing announced on 30 January 2026. An application will be made to admit 6,415,000 ordinary shares to AIM and Euronext Growth, with dealings expected to commence on or around 16 October 2026. Those shares will rank equally with existing ordinary shares.
Positive
- Minor pointWarrant exercises generated £182,300.00 in gross proceeds for the company.
Negative
- Minor point9,115,000 new ordinary shares issued at 2 pence per share dilute existing holders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DUBLIN, IRELAND / ACCESS Newswire / October 9, 2026 / Great Western Mining Corporation PLC (AIM:GWMO)(ESM:8GW) announces that a total of 9,115,000 at a price of 2 pence per share and accordingly 9,115,000 ordinary shares of €0.0001("the Warrant Shares") have been issued. The warrants were granted in conjunction with the Placing announced on 30 January 2026. The Company has approved the issue of the Warrant Shares with gross proceeds amounting to £182,300.00.
Settlement and Dealing
Application will be made to the AIM Market of the London Stock Exchange ("AIM") and Euronext Growth for a total of 6,415,000 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 16 October 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 447,553,378 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 |
| 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.
SOURCE: Great Western Mining Corporation PLC
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much did Great Western Mining raise from the warrant exercises?
Great Western Mining raised £182,300.00 in gross proceeds by issuing 9,115,000 ordinary shares at 2 pence per share. The warrants were granted in conjunction with the placing announced on 30 January 2026.