Greatland Gold PLC Issue of Equity and Total voting rights
RNS Number : 9160U
Greatland Gold PLC
04 August 2022
4 August 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 Equity and Total voting rights
Greatland Gold plc (AIM:GGP), a mining development and
exploration company with a focus on tier-one gold-copper deposits,
announces that an application has been made to the London Stock
Exchange for 138,981,150 ordinary shares ("New Ordinary Shares") to
be admitted to trading on AIM ("Admission"). The New Ordinary
Shares were issued as part consideration that was due under the
original 2016 Havieron project acquisition as described in the
announcement dated 14 July 2022. Admission is expected to occur at
8.00am on or about 8 August 2022.
Following Admission, the total issued share capital of the
Company will consist of 4,209,528,321 ordinary shares. As each
ordinary share carries the right to one vote, the total number of
voting rights in the Company will be 4,209,528,321. 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.
Greatland Gold PLC +44 (0)20 3709 4900
Shaun Day email@example.com
SPARK Advisory Partners Limited (Nominated
Adviser) +44 (0)20 3368
Andrew Emmott/James Keeshan 3550
Berenberg (Joint Corporate Broker and Financial
Adviser) +44 (0)20 3207
Matthew Armitt/ Jennifer Lee/ Jack Botros 7800
Canaccord Genuity (Joint Corporate Broker
and Financial Adviser) +44 (0)20 7523
James Asensio/Patrick Dolaghan 8000
Hannam & Partners (Joint Corporate Broker
and Financial Adviser) +44 (0)20 7907
Andrew Chubb/Matt Hasson/Jay Ashfield 8500
SI Capital Limited (Joint Broker) +44 (0)14 8341
Nick Emerson/Alan Gunn 3500
Luther Pendragon (Media and Investor Relations) +44 (0)20 7618
Harry Chathli/Alexis Gore 9100
Notes for Editors:
Greatland Gold plc (AIM:GGP) is a mining development and
exploration company with a focus on precious and base metals . The
Company's flagship asset is the world-class Havieron gold-copper
deposit in the Paterson region of Western Australia, discovered by
Greatland and presently under development in Joint Venture with
Newcrest Mining Ltd.
Newcrest holds a joint venture interest of 70% (30% Greatland).
Newcrest may also acquire an additional 5% joint venture interest
and, if exercised, Newcrest will be entitled to an overall joint
venture interest of 75% (Greatland 25%).
Havieron is located approximately 45km east of Newcrest's Telfer
gold mine and, subject to positive decision to mine, will leverage
the existing infrastructure and processing plant to significantly
reduce the project's capital expenditure and carbon impact for a
low-cost pathway to development.
An extensive growth drilling programme is presently underway at
Havieron with a focus to continue to expand our understanding of
this world class ore body. Construction of the box cut and decline
to develop the Havieron deposit commenced in February 2021.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCA") with them.
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(END) Dow Jones Newswires
August 04, 2022 03:28 ET (07:28 GMT)
Grafico Azioni Greatland Gold (LSE:GGP)
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