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NEW ISSUE. Special permission of the Stock Ex- change to deal in the shares issued will be applied for. PARTICULARS OF Consolidated Welsh Mines, Limited (Incorporated under the Companies Acts Acts 1908-1917). Authorised Share Capital, 930030005 Divided into 300,000 Ordinary Shares of Ll each. ISSUE OF 150,000 Ordinary Shares of £1 each at par. Payable:- !t. 6d. on Application, 25. 6d. on Ai otment, 5s. Od. on 30th November, 1919,. 5s. Cd. on 28tn February, 1920, 5s. Od. on 3Cth April, 1929. DIRECTORS. Sir LEWES T. LOVEDEN PRYSE, Bart., Gogerddan, Cardiganshire. ALFivED E. CAREY. Esq., M.Inst., CLE., F.G.S., F.C.S., 36. Victoria Street, London, S. W. E. C. MONSON, Esq., F.R.I.B.A., F.S.I., Finsbury Pavement House, London, E.G. lie-at.-Col. J. H. LANG SIMS, O.B.E., Victoria Park, Heme Bay. SECRETARY AND REGISTERED OFFICES. KORMAN COOKE, Esq., Old Post Office Chambers, Aberystwyth. This Company was formed for the purpose of acquiring certain leases, min- ing rights or setts of the very rich Lead end Copper Mines on the Gogerddan Estate," situate in Cardiganshire, North "Rales. Of these the best known are:— Esgair flir, Great Daren, Esgair t'iraith. East Daren, jBiaen Ceulan, West Daren, Jx>veden, South Daren, Keuaddlloyd, Gwaithyrafon, Pooipronpren TJcha, Cerrigwyn, Yaughan or Copper Level, Llettyevanhem, Broiifloyd. Pencefyn, It is proposed to instal an Electrical plant at a cost of 2100,POO, for the pur- pose of dealing with the Lead, Copper, end Zinc deposits which exist in very large quantities. Samples of Lead Con- centrates have been submitted to the -ii-ell-known refiners, Messrs. Loos and Sanders, of Birmingham, who report a yield of Sozs. of Silver per ton, and 83.3 per cent. of Lead. This is abnormally rich. Mr. W. T. Lambert, Assayer to the Mond Nickel Co., Ltd., assayed samples of Concentrates of Galena and Blonde, and found from the Galena a yield of: 8 ozs. Silver to the ton. 83.39 per cent. Lead. .16.. „ Iron. 18.11, Sulphur. 3.30. Silica. 99.96 (The Blende yielded: 58.46 per cant. Zinc. 3.11. Lead. .40. Copper. .30 „ M Arsenic. 2.70. Iron. 32.11 „ ». Sulphur. 2.81 „ „ Silica. I 99.89 It is proposed to commence operations en three of the mines, n&mely: Copper Level, Bronnoyd and Loveden. Estimat- ing that thesc three mines yield only 300 tons of Lead Concentrated per month, ( substantial profits should accrue to the ¡ Shareholders, particularly as the present I high prices for Lead and Copper will probably be maintained for a long time. The mines acquired by this Company I have already yielded many millions to their owners working under Adit. With I the installation of an Electrical plant operations can be carried on on a vastly I' larger scale than in the past. There is sufficient Lead, Copper and Zinc on the dumps alone to pay substantial dividends. The outbreak of War awakened public attention to the unrivalled metalliferous deposits of the great central Silurian basin of the Principality. The success of some of the mines in this district has been on a colossal scale. The shares of Welsh Lead Mining Companies bid fair to become a most desirable holding both from the view of oapital, appreciation, and dividend payments. FORM OF APPLICATION. Consolidated Welsh Mines, Limited Issue of 150,000 Ordinary Shares of St each at par. The Directors of the CONSOLIDATED WELSH MINES, LTD., 56. Kingsway, London, W.C.2. Gentlemen, We remit you herewith the turn of z being a deposit of 2s. 6d. per share on Application ior Oruiuary Shares of ki each of your Company. I/we request you to allot to me/ue that number of tthMree, and I/we hereby agree to accept the same or any smaller number that may be allotted to meiu-s and to pay 2r6. 6d. per shire on allotment thereof, and to pay tne oalane 0" 15a. per biiare due f ronx me! as by. instalments or calls as specified in the Mald statement, and I/we authorise you to place my/our name(s) on the Register of ine members of the Company as the holder(s) of the said shares allotted to me/us, and 1/we hereby declare that this application is not made by or for the benent of an enemy subject within the meaning of the Trading with the Enemy Amendment Aot,1916, or with whom trad- ing is forbidden undet any proclamation relating to trade with the enemy. Yours faithfully, Usual signature Surname — Christian Name or Namee Address _h. profession or Occupation (A Lady should state whether she is a Spinster, Wife or Widow.) I Date This form to be sent entire with e. Deposit 01 Zs. 6d. per shaje on the num- bcr of obarbe applied for tc the Consoli- W.C. 2 Ulneit. Ltd., 56. Kingsway, London, W,O.2. Cheques should be made pavable, to I W.I-# ?in?LM.. and crowed "? B€?t??& If altere? from order to Bearer, the alteration should be tisned by t?e Drawer. j ,trl wkri mledgment will be forwarded in line oourf

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