Greatland Gold shares down on USD35 million "oversubscribed" placing
(Alliance News) - Greatland Gold PLC on Thursday said it has raised USD35 million via an "oversubscribed" placing of 362.9 million shares at 8.2 pence each.
Read moreThu, 10th Sep 2020 16:21
(Alliance News) - Greatland Gold PLC on Thursday said it has raised USD35 million via an "oversubscribed" placing of 362.9 million shares at 8.2 pence each.
Read moreGreatland Gold PLC - London-headquartered mine developer and explorer focused on Western Australia - Proposes to raise a minimum of USD30 million through a placing at a price of 8.2 pence per share. This will be conducted through a bookbuild process, it explains, and launches immediately. The issue price represents a 13% discount to the firm's closing price on Wednesday.
Read more(Sharecast News) - Miner and developer Greatland Gold said it had retained 30% ownership of the Havieron joint venture on Friday, after Newcrest chose not to exercise its option to acquire an additional 5% interest from Greatland for the independently-assessed $60m price tag.
Read moreGreatland Gold PLC - mine developer and explorer in Western Australia - Says Newcrest Mining Ltd has elected not to exercise the option to buy an additional 5% interest in the Havieron joint venture deal at a price of USD60 million. Says Greatland will retain 30% ownership in the JV, as it believes this outcome "delivers substantial medium to long term value to Greatland". Says it had previously made a non-binding offer to Newcrest to acquire for USD85 million, a 5% stake in Havieron.
Read more(Sharecast News) - Mining explorer and developer Greatland Gold updated the market on exploration and development at the Havieron gold-copper project in the Paterson region of Western Australia on Thursday.
Read moreGreatland Gold PLC - mine developer and explorer in Western Australia - Completes the process to determine the option price for an additional 5% interest under the joint venture agreement in the Havieron joint venture. Sets the option price at USD60 million. Says Australia's Newcrest Mining Ltd can acquire the interest at this price from Greatland. The Havieron copper-gold project is located in west Australia. It is operated by Newcrest under a joint venture agreement with Greatland. Newcrest holds a stake of 70% and Greatland holds a 30% stake.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - Greatland Gold PLC said on Thursday it started its 2022 exploration programme at its 100% owned project in the Paterson province of Western Australia.
Read moreGreatland Gold PLC - mine developer and explorer in Western Australia - Sees potential to expand Havieron resource. New drilling results in the South East Crescent return 3.0 grammes of gold per tonne at 85.8 metres depth and 1.1 grammes of gold per tonne at 25.3 metres depth.
Read more(Sharecast News) - Greatland Gold updated the market on recent exploration and development work at the Havieron gold-copper project in the Paterson region of Western Australia on Thursday, reporting that seven drill rigs were currently onsite, all focussed on growth.
Read more(Sharecast News) - Precious and base metals explorer and developer Greatland Gold announced the start of the 2022 exploration programme under the Juri joint venture with its partner Newcrest Mining on Tuesday, in the "highly prospective" Paterson region of Western Australia.
Read more(Alliance News) - Greatland Gold PLC on Tuesday said it has started its second annual exploration programme under the Juri joint venture, on the Paterson province in Western Australia.
Read more(Sharecast News) - Precious and base metals miner Greatland Gold has been awarded a grant from the Western Australian Government, it announced on Tuesday, to co-fund exploration drilling and mobilisation costs at its wholly-owned Rudall licence in the Paterson province.
Read moreGreatland Gold PLC - mining development and exploration in Western Australia - Awarded a grant of up to AUD200,000 under the Western Australian government's exploration incentive scheme. The grant will help Greatland co-fund drilling and mobilisation costs at its Rudall licence, located 20 kilometres southeast of the Havieron gold-copper resource in Western Australia.
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