Business
Half-year Report
Great Western Mining Corporation PLC reported a loss for the period of €485,232, compared to a loss of €441,343 in the prior year and a loss of €1,741,056 for the year ended December 31, 2024. The company completed a share capital reorganisation and raised £1.25 million to advance exploration programs. Cash and cash equivalents increased to €1,238,490. The company's intangible assets are valued at €7,880,337. Trade and other payables totaled €629,307. The company issued 125,000,000 new ordinary shares, increasing share capital to €1,056,285 and share premium to €17,473,661. Total equity stands at €9,159,307. Disclaimer*
About this update from Great Western Mining Corp. Plc
[{"type":"text","content":"\n\nGreat Western Mining Corporation PLC / AIM: GWMO / Euronext Growth: 8GW\n25 September 2025\nGreat Western Mining Corporation PLC\n(\"Great Western\", \"GWM\" or the \"Company\")\n \nHalf Yearly Report and Unaudited Condensed Financial Statements\n \nDriving discovery and value in Nevada's Walker Lane Belt\n \nGreat Western Mining Corporation PLC, a strategic and precious minerals exploration and development company, announces its Interim Results for the six months ended 30 June 2025.\n \nHighlights\n \n· Loss for period €485,576 (30 June 2024: loss of €441,343 and 31 December 2024: loss of €1,741,056)\n· Completed a share capital reorganisation\n· Raised £1.25 million to progress exploration programmes\n· Advancing critical minerals portfolio in Nevada aligned with U.S. and global trends\n· Drill programmes at flagship Huntoon Copper Project and Rhyolite Dome gold prospect will commence in October\n· Funding discussions to upscale and commission already constructed and permitted mill for processing precious metals\n· High tungsten grades in scheelite-bearing skarn identified at the Pine Crow/Defender Tungsten prospects with lab results from detailed summer soil sampling programme expected shortly\n· Seeking joint venture partners to accelerate development of copper projects\n \nBrian Hall, Executive Chairman, commented:\n \n\"We are pleased with the strong progress across our portfolio during the course of this year, with copper, gold, silver and tungsten projects all moving forward in line with our strategy. Drilling operations due to start in the next few weeks will mark important steps in unlocking the scale and potential of our assets, whilst our tungsten prospects highlights the growing relevance of our work in the global critical minerals supply chain. There is strong U.S. demand for a secure domestic supply of critical minerals and I am confident in our ability to play a role in this chain.\nWe appreciate the continued support of our shareholders and, as we enter a period of heightened activity, we look forward to providing updates from across our portfoli...