Greatland Gold Progresses ASX Listing with Revised Prospectus

PUBLISHED: 30 May 2025 @ 18:26 | Comments (0) | More info about Fiona Craig

Greatland Gold plc (LSE:GGP) has submitted a replacement prospectus for the planned ASX listing of its subsidiary, Greatland Resources Limited. This update follows feedback from the Australian Securities & Investments Commission (ASIC) and includes streamlined business discussions along with enhanced risk disclosures. The timetable for the ASX listing and related offers remains on track, with further updates to be communicated as needed. This initiative aligns with Greatland’s broader strategy to expand its market footprint and strengthen operational capabilities.

Outlook

Greatland Gold faces challenges stemming from a weak financial position and concerns over valuation. Nevertheless, strong technical indicators and recent corporate developments provide a foundation for potential growth. The company’s future success depends largely on progressing from exploration to production, which would enhance its financial stability.

About Greatland Gold

Greatland Gold plc is a gold and copper mining company listed on the AIM Market of the London Stock Exchange. Operating mainly in Western Australia, its portfolio includes the fully owned Telfer gold-copper mine and the Havieron gold-copper project, currently under development. Greatland aims to establish a significant, long-life gold-copper operation in the Paterson Province and plans a cross-listing on both the ASX and AIM by June 2025.

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