(i) Sir W.W. Wynn of Wynnstay, co. Denbigh, Bart.
(ii) John Reynolds of Penegoes, co. Montgomery, gent., Matthew Francis of Llanbadarn fawr, co. Cardigan, gent., Philip Oliver of Chelsea, esq., and John Pughe of Belle Vue, co. Carmarthen, esq.
All mines of lead, copper, calamine, gold, silver, coal and other minerals under waste lands in Penegoes and Trefeglwys, co. Montgomery.
Term: 21 years
Rent: 1/10 part of all ore raised.