Great Southern Copper Clarifies Share Issuance
Why we think this is neutral
This RNS announcement is a general update on the company's share issuance and does not contain any major news that would significantly impact the sentiment. The details provided are informational in nature.
Key Points
- Application for 13,324,369 new ordinary shares to be admitted to trading on the London Stock Exchange
- 10,416,667 new shares related to the exercising of warrants
- 1,418,189 new shares issued to a director in lieu of remuneration
- 1,399,513 new shares issued to vendors of the Especuralita and Artemisa projects
Summary
The mining company has provided clarification on the issuance of new ordinary shares, including details on the number of shares and the reasons for the issuance.
Great Southern Copper PLC has clarified the details of its application for the admission of 13,324,369 new ordinary shares to trading on the London Stock Exchange. This includes 10,416,667 new shares related to the exercising of warrants, 1,418,189 new shares issued to a director in lieu of remuneration, and 1,399,513 new shares issued to vendors of the Especuralita and Artemisa projects.
GENERAL UPDATE