TIDMGWMO

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      Withheld* 
                                                                                   Total 
                                                                                   as % 
                                                                                 of Issued 
                                                                                   Share 
                                                                                  Capital 
 1. To receive 
  and adopt the 
  accounts of 
  the Company 
  for the year 
  ended 31 December 
  2021                    140,885,745   100.00         -   0.00   140,885,745      3.94              0 
                         ------------  -------  --------  -----  ------------  -----------  ---------- 
 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, Chairman                      +44 207 933 8780 
 Max Williams, Finance Director            +44 207 933 8780 
 
 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.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGSFEFSLEESESW

(END) Dow Jones Newswires

July 14, 2022 07:00 ET (11:00 GMT)

Great Western Mining (LSE:GWMO)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Great Western Mining Charts.
Great Western Mining (LSE:GWMO)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Great Western Mining Charts.