6 August 2010
GREAT WESTERN MINING CORPORATION PLC
(the "Company" or "GWM")
Issue of Convertible Loan
The Directors of the Company announce that the Company raised EURO 100,000 via the issue of an interest-bearing
redeemable convertible loan (the "Loan") to Chairman Emmett O'Connell on 22 June 2010. Until either conversion
or repayment the interest on the value of the Loan will accrue at the Bank of Ireland's variable bank lending
rate. The Loan is convertible into the Company's ordinary shares of EURO 0.01 each (the "Ordinary Shares") at the
lowest mid-market share price between 22 June 2010 and the conversion date. Additionally, the Loan is repayable
upon the demand of Emmett O'Connell.
Emmett O'Connell's interest in the Company's Ordinary Shares remains unchanged, with Emmett O'Connell holding
6,451,000 Ordinary Shares, with each Ordinary Share having one right to vote, representing 22.83% of the voting
rights in the issued ordinary share capital of the Company.
THE DIRECTORS OF THE COMPANY ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT
---ENDS---
CONTACT DETAILS:
Great Western Mining Corporation plc.
Emmett O'Connell, Chairman. Tel: +353 51 565844
Fax: +353 51 565 884
Email: emmett@iol.ie
Liam McGrattan, Director. Tel: 087 274 5427
Melvyn Quiller, U.K. Director. Tel: 0771 289 9588
SVS Securities Plc - PLUS Corporate Adviser. Tel: 020 7638 5600
Peter Ward / Alexander Brearley.
SVS Securities Plc - Broker. Tel: 020 7638 5600
Ian Callaway / Alexander Mattey.
ABOUT GREAT WESTERN MINING CORPORATION PLC.
1. GWM is an Irish exploration company with rights over approximately 33 square kilometres of mineral
claims in Nevada. U.S.A.
2. GWM's shares are admitted to trading on PLUS-quoted in London, trading symbol GWMO.
3. Website: www.greatwesternmining.com
Great Western Mining Corporation plc