REG - Great Southrn.Copper - Exercise of Warrants

Great Southern CopperAnnouncement

03/10/2025 07:00

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RNS Number : 8942B  Great Southern Copper PLC  03 October 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.

 

3 October 2025

 

Great Southern Copper plc

("GSC" or the "Company")

 

Exercise of Warrants

 

 

Further to the announcement made on 5 September 2025, and the subsequent
approval of resolution 8 at the Annual General Meeting, Great Southern Copper
plc (LSE: GSCU), the company focused on copper-gold-silver exploration in
Chile, announces that its largest shareholder, Foreign Dimensions Pty Limited,
has partially exercised its warrant rights to subscribe for 6,250,000 new
ordinary shares of 1p each in the capital of the Company ("Ordinary Shares")
at an exercise price of 2.4p per share for gross proceeds of £150,000.

 

In addition, another shareholder has partially exercised its warrant rights to
subscribe for 4,500,000 new ordinary shares of 1p each in the capital of the
Company at an exercise price of 2.5p per share for gross proceeds of
£112,500.

 

Admission to Trading and Total Voting Rights

 

Application for admission has been made and the admission of these 10,750,000
new Ordinary Shares to trading on the Main Market of the London Stock Exchange
plc, which is expected to become effective on or around 8.00am on 8 October
2025 ("Admission").

 

Following Admission, the total number of issued shares and the total number of
voting rights in the Company will be 584,271,400. 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)14 8341 3500

 BlytheRay
 Tim Blythe / Megan Ray                +44 (0) 20 7138 3204

                                       gsc@blytheray.com

 

About Great Southern Copper

 

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

 

The Especularita Project is 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 the exploration
project area. The coastal belt offers deposit type optionality for copper
including porphyry and IOCG style deposits as well as newly recognised
intrusive-related copper and gold deposits.

 

Great Southern Copper is strategically positioned to support the global market
for copper - a critical battery metal 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 as well as
high-grade Cu-Ag-Au deposits.

 

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

 

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