Great Southern Copper PLC ( (GB:GSCU) ) has issued an update.
Great Southern Copper PLC announced that a warrant holder has exercised their right to subscribe for 208,333 new ordinary shares, generating gross proceeds of £5,000. This move increases the total number of issued shares and voting rights to 550,852,323, which shareholders should use to determine changes in their share capital interest. This exercise of warrants reflects ongoing investor interest and contributes to the company’s financial resources, potentially enhancing its exploration activities in Chile.
More about Great Southern Copper PLC
Great Southern Copper PLC is a UK-listed mineral exploration company focused on discovering copper-gold-silver deposits in Chile. The company holds options to acquire rights to 100% of two projects in Chile’s under-explored coastal belt, which are prospective for large-scale copper-gold deposits. Chile is a significant mining jurisdiction, being the world’s largest copper producer and the second-largest producer of lithium. The company’s projects, Especularita and San Lorenzo, are located in a region with significant copper mines and excellent infrastructure access, supporting the global market for copper, a critical metal in the clean energy transition.
YTD Price Performance: 135.71%
Average Trading Volume: 3,194,993
Technical Sentiment Consensus Rating: Sell
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