Great Southern Copper PLC ( (GB:GSCU) ) has provided an announcement.
Great Southern Copper PLC has successfully admitted 36,000,000 new ordinary shares to trading on the London Stock Exchange, raising £1,044,000. This move enhances the company’s financial position as it continues its copper-gold exploration in Chile, a region with significant mining potential. The admission of these shares is a strategic step in supporting the company’s ongoing exploration and evaluation programs aimed at large-scale copper-gold deposits, which are vital for the clean energy transition.
More about Great Southern Copper PLC
Great Southern Copper PLC is a UK-listed mineral exploration company focused on discovering copper-gold deposits in Chile. The company has options to acquire rights to two projects in Chile’s coastal metallogenic belt, which is known for significant copper mines and deposits. These projects, Especularita and San Lorenzo, are strategically positioned to support the global market for copper, a critical metal in the clean energy transition.
YTD Price Performance: 185.71%
Average Trading Volume: 2,741,880
Technical Sentiment Consensus Rating: Sell
See more insights into GSCU stock on TipRanks’ Stock Analysis page.