Great Western Mining Corp. plc Result of AGM (0753A)

TIDMGWMO

RNS Number : 0753A

Great Western Mining Corp. plc

27 May 2021

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.

Resolutions 1 to 5 were passed as Ordinary Resolutions and Resolution 6 was passed as a Special Resolution. 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      Withheld* 
                                                                                    Issued Share Capital 
 1. To receive and adopt 
  the accounts of the 
  Company for the year 
  ended 31 December 2020    186,397,428   100.00      -        -     186,397,428            5.21                 - 
                           ------------  -------  --------  ------  ------------  ------------------------  ---------- 
 2. To authorise the 
  Directors to appoint 
  the auditor and fix 
  remuneration              186,397,428   100.00      -        -     186,397,428            5.21                 - 
                           ------------  -------  --------  ------  ------------  ------------------------  ---------- 
 3. To re-elect Brian 
  Hall as Director          186,397,428   100.00      -        -     186,397,428            5.21                 - 
                           ------------  -------  --------  ------  ------------  ------------------------  ---------- 
 4. To re-elect Max 
  Williams as Director      186,397,428   100.00      -        -     186,397,428            5.21                 - 
                           ------------  -------  --------  ------  ------------  ------------------------  ---------- 
 5. To elect Gemma Cryan 
  as Director               186,397,428   100.00      -        -     186,397,428            5.21                 - 
                           ------------  -------  --------  ------  ------------  ------------------------  ---------- 
 6. To increase the 
  authorised share 
  capital of the 
  Company**                 186,300,928   99.95    96,500    0.005   186,397,428            5.21                 - 
                           ------------  -------  --------  ------  ------------  ------------------------  ---------- 
 

* 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                      [phone] 
 Max Williams, Finance Director            [phone] 
 
 Davy (NOMAD, Euronext Growth Adviser 
  & Joint Broker) 
  John Frain                                [phone] 
 
 Novum Securities (Joint Broker) 
  Jon Belliss                              [phone] 
 
 ETX Capital (Joint Broker) 
  Thomas Smith                             [phone] 
 
 Walbrook PR (PR advisers) 
  Nick Rome/Nicholas Johnson               [phone] 
 

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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May 27, 2021 09:00 ET (13:00 GMT)