REG - Greatland Gold PLC - Result of General Meeting

Greatland GoldAnnouncement

07/10/2022 11:00

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RNS Number : 1817C  Greatland Gold PLC  07 October 2022

7 October 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")

 

Result of General Meeting

 

Greatland Gold plc (AIM:GGP), a mining development and exploration company
with a focus on precious and base metals, announces that at its General
Meeting ("GM"), held earlier today, all resolutions were passed.

 

Details of the proxy voting results, which should be read alongside the Notice
of General Meeting are shown below:

 

 Resolution  Votes for *                        Votes against                     Votes withheld  Total proxy votes
             No. of votes   % of votes cast **  No. of votes  % of votes cast **  No. of votes
 1           1,662,538,893  99.0%               17,422,579    1.0%                1,292,321       1,681,253,793
 2           1,662,094,172  98.9%               17,853,442    1.1%                1,306,179       1,681,253,793
 3           1,603,015,501  95.7%               72,796,505    4.3%                5,441,787       1,681,253,793
 4           1,606,717,914  95.9%               69,460,255    4.1%                5,075,624       1,681,253,793
 5           1,605,948,757  96.0%               66,070,930    4.0%                8,889,984       1,680,909,671

*   Includes discretionary votes

** Excludes withheld votes

 

Following the passing of Resolutions 1 & 2, an application will be made to
the London Stock Exchange for 430,024,390 new fully paid ordinary shares ("New
Ordinary Shares") to be admitted to trading on AIM ("Admission"). The New
Ordinary Shares are issued as part of an initial strategic equity subscription
from Wyloo Metals of A$60m (c.£35m) as described in the announcement dated
12 September 2022. Admission is expected to occur at 8.00am on 13 October
2022.

Following Admission, the total issued share capital of the Company will
consist of 5,002,432,891 ordinary shares.  As each ordinary share carries the
right to one vote, the total number of voting rights in the Company will be
5,002,432,891.  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                                                info@greatlandgold.com

 Shaun Day                                                         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

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

 Nick Emerson/Sam Lomanto

 Gracechurch Group (Media and Investor Relations)                  +44 (0)20 4582 3500

 Harry Chathli/Alexis Gore/Henry Gamble

 

 

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
potentially world class Havieron gold-copper deposit in the Paterson region
of Western Australia, discovered by Greatland and presently under development
through a joint venture with Newcrest (the "JV"). Newcrest holds a joint
venture interest of 70% (30% Greatland).

Havieron is located approximately 45km east of Newcrest's Telfer gold mine
and, subject to positive feasibility study and 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-risk and
low-cost pathway to development.

Construction is well advanced and continuing with the box cut and decline to
develop the Havieron deposit originally commenced in February 2021. An
extensive growth drilling programme continues at Havieron with a view to
further expanding the understanding and scale of the ore body.

Greatland has a proven track record of discovery and exploration success. It
is pursuing the next generation of tier-one mineral deposits by applying
advanced exploration techniques in under-explored regions. The Company is
focused on safe, low-risk jurisdictions and is strategically positioned in the
highly prospective Paterson region. Greatland has a total of six projects
across Australia with a focus on becoming a multi-commodity mining company
of significant scale.

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