ISE welcomes Great Western Mining plc to the ESM
The ISE welcomes Great Western Mining plc (“GWM”) to the Enterprise Securities Market (“ESM”), the ISE’s market for growth companies. Great Western Mining, established in 2004, is an Irish gold, silver and other metals exploration company with claims covering 7,305 hectares in the state of Nevada, USA.
The admission of GWM to the ISE increases the number of companies quoted on the ESM market to 25.
Great Western Mining’s executive chairman Emmett O’Connell said he believes that the ESM listing will provide greater accessibility to the company’s shares for both new and existing shareholders. “Our experience has shown that there is a substantial investor base in Ireland who are interested in exploration stocks like Great Western Mining. We see great sense in making the company more accessible to Irish people given the following we have enjoyed from existing Irish investors in the past and the indications of an even stronger following in the future,” Mr O’Connell added.
Deirdre Somers, Chief Executive of the ISE, said: “We are delighted to welcome Great Western Mining plc to the ESM. The provision of a euro quotation on the ISE will enable the significant Irish shareholder base of GWM, estimated to be 45% of the company’s issued shares, to trade directly on the Irish market. In addition, it provides an opportunity for Great Western Mining plc to attract other Irish and euro based investors which should assist the company in its future expansion plans.”
Bloxham is acting as ESM advisor to GWM.