REG - Great Southrn.Copper - Admission of Shares

Great Southern CopperAnnouncement

11/03/2025 08:00

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RNS Number : 0917A  Great Southern Copper PLC  11 March 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK
VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH
LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED.  ON
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

11 March 2025

 

Great Southern Copper plc

("GSC" or the "Company")

 

Admission of Shares

 

Further to the announcement on 5 March 2025, Great Southern Copper plc (LSE:
GSCU), the company focused on copper-gold exploration in Chile, announces that
the admission of the 36,000,000 new ordinary shares to trading on the main
market of the London Stock Exchange plc, became effective at 8.00am this
morning.

 

Details of new shares admitted

 

The Company has raised £1,044,000 through a subscription, resulting in the
issue of 36,000,000 new ordinary shares of 1p each, at a subscription price of
£0.029 per ordinary share.  16,000,000 of the new ordinary shares were
subscribed by a financial institution, with the balance offered to one of the
Company's directors who agreed to direct their issue to the same financial
institution at the same subscription price on admission.

 

Total Voting Rights

The total number of issued shares and the total number of voting rights in the
Company is 550,643,990. This figure should be used by shareholders in the
Company 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, the share capital of the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

 Great Southern Copper plc
 Sam Garrett, Chief Executive Officer      +44 (0) 20 4582 3500

 SI Capital Limited
 Nick Emerson                              +44 (0) 1483 413500

 Gracechurch Group
 Harry Chathli, Alexis Gore, Henry Gamble  +44 (0) 20 4582 3500

 

Notes for Editors:

 

About Great Southern Copper

 

Great Southern Copper PLC is a UK-listed mineral exploration Company focused
on the discovery of copper-gold in Chile. The Company has the option to
acquire rights to 100% of two projects in the under-explored coastal belt of
Chile that are prospective for large scale copper-gold deposits. Chile is a
globally significant mining jurisdiction being the world's largest copper
producer.

 

The two, early-stage Cu-Au projects comprise the Especularita Projects and San
Lorenzo, both located in the coastal metallogenic belt of Chile which hosts
significant copper mines and deposits, including Teck's Carmen de Andacollo
copper mine, and boasts excellent access to infrastructure such as roads,
power and ports. Significant historical small-scale and artisanal workings for
both copper and gold are readily evident in both exploration project areas.

 

Great Southern Copper is strategically positioned to support the global market
for copper - a critical battery metals in the clean energy transition around
the world. The Company is actively engaged in exploration and evaluation work
programmes targeting both large tonnage, low to medium grade Cu-Au and Ag
deposits as well as high-grade Cu-Au deposits.

 

Further information on the Company is available on the Company's website:
https://gscplc.com (https://gscplc.com)

 

 

 

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