REG - Great Southrn.Copper - Exercise of Warrants

Great Southern CopperAnnouncement

18/05/2026 13:45

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RNS Number : 7658E  Great Southern Copper PLC  18 May 2026

 

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.

 

 

18 May 2026

 

Great Southern Copper plc

("GSC" or the "Company")

 

 

Exercise of Warrants

 

 

Great Southern Copper plc (LSE: GSCU), the company focused on
copper-gold-silver exploration in Chile, announces that warrant holders have
exercised their right to subscribe for 2,166,666 new ordinary shares of 1p
each in capital of the Company ("Ordinary Shares") at an exercise price of
2.4p per share for gross proceeds of £52,000.

 

Included in this total are 833,333, 833,333 and 416,667 new ordinary shares
subscribed for by Sam Garrett, Nicholas Briers and Charles Bond, all Directors
of the Company.

 

Admission to Trading and Total Voting Rights

 

Application for admission has been made and the admission of these 2,166,666
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 25 May 2026
("Admission").

 

Following Admission, the total number of issued shares and the total number of
voting rights in the Company will be 753,917,860. 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.

 

May 2023 Fundraise Warrants

 

The Company notes that any remaining unexercised warrants issued alongside the
May 2023 fund raise lapse today.

 

Enquiries:

 

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

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

 BlytheRay
 Megan Ray / James Mulligan            +44 (0) 20 7138 3204

                                       GSC@blytheray.com

 

Subscribe to our news alert service: https://gscplc.com/auth/signup
(https://gscplc.com/auth/signup)

 

 

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-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)

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities/ person closely associated with them.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Charles Bond

 2   Reason for the notification
 a)  Position/status                                              Chairman
 b)  Initial notification/ Amendment                              Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Great Southern Copper plc
 b)  LEI                                                          213800RF6N9WA8PZH313
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument  Ordinary shares of 1 pence each

     Identification code

                                                                  GB00BLB5BF24
 b)  Nature of the transaction                                    Shares issued on exercise of warrants

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            2.4p      416,667

 

 e)  Date of the transaction                                      18 May 2026

 f)  Place of the transaction                                     Outside of trading venue - issued of new ordinary shares

 

 

e)

Date of the transaction

 

18 May 2026

f)

Place of the transaction

Outside of trading venue - issued of new ordinary shares

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Samuel Garrett

 2   Reason for the notification
 a)  Position/status                                              Chairman
 b)  Initial notification/ Amendment                              Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Great Southern Copper plc
 b)  LEI                                                          213800RF6N9WA8PZH313
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument  Ordinary shares of 1 pence each

     Identification code

                                                                  GB00BLB5BF24
 b)  Nature of the transaction                                    Shares issued on exercise of warrants

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            2.4       833,333

 

 e)  Date of the transaction                                      18 May 2026

 f)  Place of the transaction                                     Outside of trading venue - issued of new ordinary shares

 

 

e)

Date of the transaction

 

18 May 2026

 

f)

Place of the transaction

Outside of trading venue - issued of new ordinary shares

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Nicholas Briers

 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 b)  Initial notification/ Amendment                              Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Great Southern Copper plc
 b)  LEI                                                          213800RF6N9WA8PZH313
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument  Ordinary shares of 1 pence each

     Identification code

                                                                  GB00BLB5BF24
 b)  Nature of the transaction                                    Shares issued on exercise of warrants

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            2.4       833,333

 

 e)  Date of the transaction                                      18 May 2026

 f)  Place of the transaction                                     Outside of trading venue - issued of new ordinary shares

 

 

e)

Date of the transaction

 

18 May 2026

 

f)

Place of the transaction

Outside of trading venue - issued of new ordinary shares

 

 

 

 

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