"We are delighted to have successfully closed the Placing, which was strongly supported and oversubscribed. The Placing proceeds will fully fund the cash consideration for the Acquisition of 100% ownership of Havieron and Telfer, to make Greatland a material producer of gold and copper.

I would like to extend a warm welcome to all investors who have participated in the Placing, both existing and new shareholders of Greatland. We appreciate the support and look forward to the compelling opportunity that the Acquisition affords us to create value for all Greatland shareholders."

Shaun Day, MD, Greatland Gold