Words like potentially and possibly aren't positives25 Aug 2022 15:22
This placing strengthens our balance sheet and provides added flexibility for Greatland's ongoing 30% participation in the development of the potentially world-class Havieron gold-copper project," said managing director Shaun Day.
"The equity raising will provide the company the opportunity to add a significant institutional presence to our share registry, reflecting the increasing maturity of our business and the value proposition of Greatland Gold."
In particular, Day said the "cornerstone participation" of Tribeca Investment Partners as a new shareholder was "greatly valued", together with its broader statement offering to work with Greatland to possibly provide ongoing financial support for the firm.