Greatland Gold PLC Issue of New Shares (1577G)
11 November 2022 - 9:39PM
UK Regulatory
TIDMGGP
RNS Number : 1577G
Greatland Gold PLC
11 November 2022
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11 November 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE UK MARKET ABUSE REGULATIONS. ON PUBLICATION OF THIS
ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION
IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Greatland Gold plc
( " Greatland " or "the Company " )
Issue of new shares
Greatland Gold plc (AIM: GGP), a mining development and
exploration company with a focus on precious and base metals ,
announces that an application will be made to the London Stock
Exchange for 13,443,391 new fully paid ordinary shares ("New
Ordinary Shares") to be admitted to trading on AIM
("Admission").
The New Ordinary Shares will have an issue price of 7.65 pence
per share (being the 5-day VWAP to 9 November 2022) and will be
issued conditional on Admission. The shares are being issued in
satisfaction of the Company's obligations to pay financial advisory
service fees to a third party for advice in respect of the Havieron
5% option process which culminated in Greatland retaining 30%
ownership of Havieron, as announced in August 2022 .
Admission is expected to occur at 8.00am on 17 November
2022.
Admission of shares and total voting rights
Following Admission, the total issued share capital of the
Company will consist of 5,015,876,282 ordinary shares. As each
ordinary share carries the right to one vote, the total number of
voting rights in the Company will be 5,015,876,282. This number may
be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the FCA's Disclosure and Transparency Rules.
Enquiries:
Greatland Gold PLC info@greatlandgold.com
Shaun Day www.greatlandgold.com
SPARK Advisory Partners Limited (Nominated
Adviser)
Andrew Emmott/James Keeshan +44 (0)20 3368 3550
Berenberg (Joint Corporate Broker and Financial
Adviser)
Matthew Armitt/ Jennifer Lee/ Jack Botros +44 (0)20 3207 7800
Canaccord Genuity (Joint Corporate Broker
and Financial Adviser)
James Asensio/Patrick Dolaghan +44 (0)20 7523 8000
SI Capital Limited (Joint Broker)
Nick Emerson/Sam Lomanto +44 (0)14 8341 3500
Gracechurch Group (Media and Investor Relations)
Harry Chathli/Alexis Gore/Henry Gamble +44 (0)20 4582 3500
Notes for Editors:
Greatland Gold plc (AIM:GGP) is a mining development and
exploration company with a focus on precious and base metals in
Australia.
Greatland has a proven track record of discovery and exploration
success. It is pursuing the next generation of tier-one mineral
deposits by applying advanced exploration techniques in
under-explored regions. The Company is focused on safe, low-risk
jurisdictions and is strategically positioned in the highly
prospective Paterson region. Greatland has a total of six projects
across Australia with a focus on becoming a multi-commodity mining
company of significant scale.
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END
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