Great Southern Copper Share Discussion Threads

[excellance] 21/2/2022 11:40

£9m mkt cap

[shearluc] 21/2/2022 09:03

Looks good to me....but followed by two big sells!?

[shearluc] 21/2/2022 09:02

Looks good to me....but followed by two big sells!?

[excellance] 21/2/2022 08:17

Good trench sample results today.

[goodgrief] 21/2/2022 08:11

Bit lonely over here?

[excellance] 21/12/2021 19:24

Sam Garret CEO of GSCU is exploring two license areas in Chile, which has just elected a hard left government. We'll have to wait and watch what happens next in Chile re copper mining.

[excellance] 20/12/2021 16:44

6 June 2023 - Magnetic surveys commence.

The Company plans to complete two magnetic surveys covering each of its Teresita and Victoria prospects where recent exploration has identified outcropping high-grade Cu-Au mineralisation with reported rock chip sampling results1,2 up to 6.7% Cu and 13.1 g/t Au

GSC has contracted GFDas UAV & Geosciences of Santiago, Chile to collect the magnetic survey data using two drone-mounted magnetometers. The surveys will be flown at an above-ground height of 35m on 50m-spaced grid lines covering an area of 29.1 km2 at Victoria (651 line-km) and 22 km2 at Teresita (514 line-km).

The Company anticipates that the survey will be completed within 3-4 weeks. Additional processing and interpretation of the data by ExploreGeo of Perth, Australia, is estimated to be completed within a further 4-6 weeks subject to availability of consultants.

30 May 2023 - EQUITY TRUSTEES LIMITED AS CUSTODIAN FOR LOWELL RESOURCES FUND buys 3.577% 9,114,838 shares.


22 May 2023 - Heddle buys 3.36% 8,583,335 shares


22 May 2023 - presentation pdf


15 May 2023 - funding of £1,002,000

The funding comprises:

I. £501,000 placing resulting in the issue of 41,749,998 at 1.2p.
Each New Share will have one attached warrant exercisable at 2.4p for the period of 36 months from the date of admission.
The Company's directors will subscribe for 833,333 New Shares.

II. £501,000 raised through a convertible loan facility dated 15 May 2023 with Foreign Dimensions Pty Ltd ("FDPL"), the Company's main shareholder and the trustee of the Colin and Imelda Bourke Family Trust.
The loan is unsecured, will not accrue interest and will automatically convert into a maximum of 41,749,995 ordinary shares at 1.2p each (together with an equivalent number of 2.4p warrants).
Any new ordinary shares arising on conversion will be locked in, subject to customary exemptions, for a period of 12 months from conversion.