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Great Western Mining Announces Share Capital Reorganisation

Story Highlights
  • Great Western Mining plans to reorganize its share capital to streamline its structure.
  • Shareholders’ proportions remain unchanged, with new shares trading from 31 March 2025.
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Great Western Mining Announces Share Capital Reorganisation

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The latest update is out from Great Western Mining ( (GB:GWMO) ).

Great Western Mining Corporation PLC has announced a proposed share capital reorganisation, which involves consolidating and subdividing its ordinary shares. This reorganisation is intended to streamline the company’s share structure and is considered beneficial for both the company and its shareholders. The changes will not alter the proportion of issued ordinary share capital held by each shareholder, and the new shares are expected to commence trading on 31 March 2025. The company has scheduled a general meeting for 20 March 2025 to vote on the resolutions, encouraging shareholders to participate remotely.

More about Great Western Mining

Great Western Mining Corporation PLC is involved in the mining industry, focusing on the exploration and development of mineral resources in Mineral County, Nevada. The company holds a significant tract of land in this region, which is part of the Walker Lane Structural Belt, known for its potential in gold, silver, and copper deposits. Great Western Mining operates several concession areas, including the Olympic Gold Project, and is engaged in joint ventures for processing and secondary recovery of minerals.

YTD Price Performance: -16.67%

Average Trading Volume: 62,574,253

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.57M

For detailed information about GWMO stock, go to TipRanks’ Stock Analysis page.

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