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.
13 November 2024
Great Southern Copper
plc
("GSC" or the
"Company")
Admission of Shares
Further to the announcement on 7 November 2024,
Great Southern Copper plc (LSE: GSCU), the company focused on
copper-gold exploration in Chile, announces that the admission of
the 62,400,000 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
62,400,000 new ordinary shares of 1p each, at a
price of £0.0125 per ordinary share for a total amount of £780,000
through a placing and subscription.
Total Voting
Rights
The total number of issued shares and the total
number of voting rights in the Company is 510,005,878. The above
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:
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Great Southern
Copper plc
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Sam Garrett, Chief Executive Officer
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+44 (0) 20 4582 3500
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SI Capital
Limited
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Nick Emerson
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+44 (0) 1483 413500
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Capital Plus
Partners
|
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Keith Swann
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+44 (0) 203 8216167
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Gracechurch
Group
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Harry Chathli, Alexis Gore, Henry
Gamble
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+44 (0) 20 4582 3500
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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
and lithium deposits 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. In addition, the Company has the option to
acquire rights to 100% of a lithium project located in the Salar de
Atacama district of Chile. Chile is a globally significant mining
jurisdiction being the world's largest copper producer and the
second-largest producer of lithium.
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.
The Company's Monti Lithium project is
strategically located in the pre-Andean region of Salar de Atacama
which is Chile's premier lithium-producing region with
well-established lithium mining operations and
infrastructure.
Great Southern Copper is strategically
positioned to support the global market for copper and lithium -
both 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 Li deposits as well as high-grade Cu-Au
deposits.
Further information on the Company is available
on the Company's website: https://gscplc.com