REG - Great Western Mining - Result of AGM

Great Western MiningAnnouncement

14/07/2022 12:00

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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    140,885,745  100.00  -        0.00  140,885,745  3.94                                     0
 December 2021
 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,                                                                                                              +44 207 933 8780
 Chairman
 Max Williams, Finance                                                                                                    +44 207 933 8780
 Director

 Davy (NOMAD, Euronext Growth Adviser & Joint Broker)

 Brian Garrahy                                                                                                            +353 1 679 6363

 Novum Securities (Joint Broker)

 Jon Belliss                                                                                                              +44 207 399 9400

 Walbrook PR (PR advisers)

 Nick Rome                                                                                                                +44 207 933 8783

 

 

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.

 

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