REG - Greatland Gold PLC - Issue of Equity and Total voting rights

Greatland GoldAnnouncement

04/08/2022 08:30

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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.

 

Enquiries:

 

 Greatland Gold PLC                          +44 (0)20 3709 4900

 Shaun Day                            info@greatlandgold.com

                                      www.greatlandgold.com

 SPARK Advisory Partners Limited (Nominated Adviser)                       +44 (0)20 3368 3550

 Andrew Emmott/James Keeshan

 Berenberg (Joint Corporate Broker and Financial Adviser)                  +44 (0)20 3207 7800

 Matthew Armitt/Jennifer Lee/Jack Botros

 Canaccord Genuity (Joint Corporate Broker and Financial Adviser)          +44 (0)20 7523 8000

 James Asensio/Patrick Dolaghan

 Hannam & Partners (Joint Corporate Broker and Financial Adviser)          +44 (0)20 7907 8500

 Andrew Chubb/Matt Hasson/Jay Ashfield

 SI Capital Limited (Joint Broker)                                         +44 (0)14 8341 3500

 Nick Emerson/Alan Gunn

 Luther Pendragon (Media and Investor Relations)                           +44 (0)20 7618 9100

 Harry Chathli/Alexis Gore

 

 

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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