TIDMGSCU

RNS Number : 7417Z

Great Southern Copper PLC

15 January 2024

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

15 January 2024

Great Southern Copper plc

("GSC" or the "Company")

Director/PMDR Shareholding

Great Southern Copper plc (LSE: GSCU), the company focused on copper-gold and lithium exploration in Chile, announces that Nick Briers, Non-Executive Director, sold and repurchased Ordinary Shares through a Bed and ISA arrangement, in order to effect the transfer of the Ordinary Shares to his ISA account.

The transaction is summarised below:

 
   Director       Shares     Shares       Total holding              % of current issued 
                   sold       acquired     following notification     Ordinary Share 
                                                                      capital 
  Nick Briers     849,296    849,296      1,477,777                  0.43% 
                ---------  -----------  -------------------------  --------------------- 
 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                              Nick Briers 
      --------------------------------  ------------------------------------------------ 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                   Non-Executive Director 
      --------------------------------  ------------------------------------------------ 
 b)    Initial notification              Initial Notification 
        /Amendment 
      --------------------------------  ------------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                              Great Southern Copper plc 
      --------------------------------  ------------------------------------------------ 
 b)    LEI                               213800RF6N9WA8PZH313 
      --------------------------------  ------------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
      ---------------------------------------------------------------------------------- 
 a)    Description of the                ordinary shares of 1 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code               ISIN: GB00BLB5BF24 
 
 b)    Nature of the transaction         1. Sale of Ordinary Shares from share 
                                          dealing account 
                                          2. Repurchase of Ordinary Shares 
                                          into ISA account 
      --------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                         ------------------------------  ------------- 
                                          Price(s)                        Volume(s) 
                                         ------------------------------  ------------- 
         1. GBP0.023                                                      849,296 
   --------------------------------------------------------------------  ------------- 
         2. GBP0.02304                                                    849,296 
   --------------------------------------------------------------------  ------------- 
 
 d)                                        Price(s)     Volumes(s)   Total 
         Aggregated information             GBP0.023     849,296      GBP19,533.81 
         1. Sale                                        -----------  ------------- 
         2. Repurchase                      GBP0.02304   849,296      GBP19,567.78 
                                                        -----------  ------------- 
 
 e)    Date of the transaction           12 January 2024 
 f)    Place of the transaction          London Stock Exchange 
      --------------------------------  ------------------------------------------------ 
 

Enquiries:

 
 Great Southern Copper plc 
 Sam Garrett, Chief Executive Officer    +44 (0) 20 4582 3500 
                                        --------------------- 
 
 SI Capital Limited 
                                        --------------------- 
 Nick Emerson                            +44 (0) 1483 413500 
                                        --------------------- 
 
 Gracechurch Group 
                                        --------------------- 
 Harry Chathli, Alexis Gore, Henry 
  Gamble                                 +44 (0) 20 4582 3500 
                                        --------------------- 
 

Notes for Editors:

About Great Southern Copper

Great Southern Copper PLC is a UK-listed mineral exploration company focused on the discovery of copper-gold and lithium deposits in Chile. The Company has the option to acquire rights to 100% of two projects in the under-explored coastal belt of Chile that are prospective for large scale copper-gold deposits. In addition, the Company has the option to acquire rights to 100% of a lithium project located in the Salar de Atacama district of Chile. Chile is a globally significant mining jurisdiction being the world's largest copper producer and the second-largest producer of lithium.

The two, early-stage Cu-Au projects comprise the San Lorenzo and Especularita Projects, both located in the coastal metallogenic belt of Chile which hosts significant copper mines and deposits, including Teck's Carmen de Andacollo copper mine, and boasts excellent access to infrastructure such as roads, power and ports. Significant historical small-scale and artisanal workings for both copper and gold are readily evident in both exploration project areas.

The Company's Monti Lithium project is strategically located in the pre-Andean region of Salar de Atacama which is Chile's premier lithium-producing region with well-established lithium mining operations and infrastructure.

Great Southern Copper is strategically positioned to support the global market for copper and lithium - both critical battery metals in the clean energy transition around the world. The Company is actively engaged in exploration and evaluation work programmes targeting both large tonnage, low to medium grade Cu-Au and Li deposits as well as high-grade Cu-Au deposits.

Further information on the Company is available on the Company's website: https://gscplc.com

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END

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