TIDMGGP

RNS Number : 1430O

Greatland Gold PLC

05 February 2021

5 February 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. 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")

Block Listing Six Monthly Return

Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious and base metals exploration and development business, announces the following block listing six monthly return:

 
  Name of applicant:                      Greatland Gold plc 
  Name of scheme:                         Investor Warrants 
                                        ----------------------------------- 
  Period of return:          From:        5/08/2020     To:       4/02/2021 
                           -----------  ------------  --------  ----------- 
 
   Balance of unallotted                   96,248,647 investor warrants 
   securities under scheme(s)              with an exercise price of 
   from previous return:                   2.5 pence 
                                        ----------------------------------- 
  Plus: The amount by which               Nil 
   the block scheme(s) has 
   been increased since the 
   date of the last return 
   (if any increase has been 
   applied for): 
                                        ----------------------------------- 
  Less: Number of securities 
   issued/allotted under scheme(s) 
   during period (see LR3.5.7G):          72,113,509 
                                        ----------------------------------- 
  Equals: Balance under scheme(s) 
   not yet issued/allotted 
   at end of period:                      24,135,138 
                                        ----------------------------------- 
 
 
 
  Name of contact:                 Gervaise Heddle, CEO 
  Telephone number of contact:     +44 (0)20 3709 4900 
                                 ----------------------

Enquiries:

Greatland Gold PLC

Gervaise Heddle/Callum Baxter

Tel: +44 (0)20 3709 4900

Email: info@greatlandgold.com

www.greatlandgold.com

SPARK Advisory Partners Limited (Nominated Adviser)

Andrew Emmott/James Keeshan

Tel: +44 (0)20 3368 3550

Berenberg (Joint Corporate Broker and Financial Adviser)

Matthew Armitt/Jennifer Wyllie/Detlir Elezi

Tel: +44 (0)20 3207 7800

Hannam & Partners (Joint Corporate Broker and Financial Adviser)

Andrew Chubb/Matt Hasson/Jay Ashfield

Tel: +44 (0)20 7907 8500

SI Capital Limited (Joint Broker)

Nick Emerson/Alan Gunn

Tel: +44 (0)14 8341 3500

Luther Pendragon (Media and Investor Relations)

Harry Chathli/Alexis Gore/Joe Quinlan

Tel: +44 (0)20 7618 9100

Notes for Editors:

Greatland Gold plc is a London Stock Exchange AIM-listed (AIM:GGP) natural resource exploration and development company with a current focus on precious and base metals. The Company has six main projects; four situated in Western Australia and two in Tasmania.

In March 2019, Greatland signed a Farm-in Agreement with Newcrest Operations Limited, a wholly-owned subsidiary of Newcrest Mining Limited (ASX:NCM), to explore and develop Greatland's Havieron gold-copper deposit in the Paterson region of Western Australia. The Havieron Project is operated by Newcrest under a Joint Venture Agreement with Greatland Gold plc. Newcrest can earn up to a 70% joint venture interest through total expenditure of US$65 million and the completion of a series of exploration and development milestones in a four-stage farm-in over a six year period that commenced in March 2019. Newcrest may acquire an additional 5% interest at the end of the farm-in period at fair market value.

The Joint Venture Agreement includes tolling principles reflecting the intention of the parties that, subject to a successful exploration program and feasibility study and a positive decision to mine, the resulting joint venture mineralised material will be processed at Telfer, located 45km west of Havieron.

Greatland is seeking to identify large mineral deposits in areas that have not been subject to extensive exploration previously. It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.

The Company is also actively investigating a range of new opportunities in precious and strategic metals and will update the market on new opportunities as and when appropriate.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BLRTAMPTMTBMMBB

(END) Dow Jones Newswires

February 05, 2021 03:13 ET (08:13 GMT)

Grafico Azioni Greatland Gold (LSE:GGP)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Greatland Gold
Grafico Azioni Greatland Gold (LSE:GGP)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Greatland Gold