TIDMGGP

RNS Number : 4514H

Greatland Gold PLC

04 August 2021

4 August 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 (AIM:GGP), the precious and base metals mining and exploration company and Joint Venture owner of the world class Havieron gold-copper project , announces the following block listing six monthly return:

 
  Name of applicant:                       Greatland Gold plc 
  Name of scheme:                          Investor Warrants 
                                         ----------------------------------- 
  Period of return:       From:            5/02/2021    To:    4/08/2021 
                        ---------------  -----------  -----  --------------- 
 
   Balance of unallotted securities         24,135,138 investor warrants 
   under scheme(s) from previous            with an exercise price of 
   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):           13,324,326 
                                         ----------------------------------- 
  Equals: Balance under scheme(s) 
   not yet issued/allotted at 
   end of period:                          10,810,812 
                                         ----------------------------------- 
 
 

Enquiries:

 
 Greatland Gold PLC                                  +44 (0)20 3709 
  Shaun Day/Callum Baxter                             4900 
                                                      info@greatlandgold.com 
                                                      www.greatlandgold.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 Wyllie/Detlir Elezi         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/Joe Quinlan               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's flagship asset is the world class Havieron gold-copper project in the Paterson region of Western Australia. This asset is held in joint venture with Newcrest Mining Ltd. Havieron is located approximately 45km east of Newcrest's Telfer gold mine, processing plant and existing infrastructure.

The box cut for the decline to develop the Havieron ore body was commenced in February 2021. The portal was complete in April 2021 and the decline commenced later that month. In addition, a substantial ongoing growth drilling programme is presently underway at Havieron which is being undertaken in conjunction with preparation of a Pre-Feasibility Study ("PFS"). Newcrest is managing the preparation of the PFS which is expected to be released in H2 2021.

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

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 actively investigating a range of new opportunities in Australia for precious and strategic metals and will update the market on new opportunities as and when appropriate.

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END

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August 04, 2021 02:00 ET (06:00 GMT)

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