Brief: Greatland Gold To Buy Telfer Mine, 70% Of Havieron Project For Up To $475 Mln

Greatland Gold

10/09/2024 16:49

Sept 10 (Reuters) - Greatland Gold PLC  GGPL.L :
    * TRANSFORMATIONAL ACQUISITION OF HAVIERON & TELFER
    * TO ACQUIRE 70% HAVIERON AND 100% TELFER
    * TOTAL CONSIDERATION FOR ACQUISITION UP TO $475 MILLION
    * UNDERWRITTEN $325 MILLION PLACING AND PROPOSED RETAIL
OFFER OF
UP TO ABOUT $9 MILLION
    * NEWMONT EXPECTED TO HOLD UP TO 20.4% OF ENLARGED GROUP

Source text for Eikon:  ID:nRSJ6345Da 
Further company coverage:  GGPL.L 

 ((Reuters.Briefs@thomsonreuters.com;))