Greatland Resources Regulatory News (GGP)

10 January 2023

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")

Exercise of Options and Director Dealing

Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on precious and base metals, announces the exercise of options and sale of shares by Non-Executive Directors, Clive Latcham and Alex Borrelli.

Following exercise of the options and sale of shares both Non-Executive Directors will have increased their shareholding in Greatland. The relevant options needed to be exercised ahead of expiry and proceeds from the sale of these shares will principally meet the exercise price and tax liabilities.

Clive Latcham, Non-Executive Director, has exercised options over 8,750,000 Ordinary Shares at a price of 2.5 pence per share for a total consideration of £218,750. He has retained 3,150,000 of the resulting shares, and sold 5,600,000 of the resulting shares to fund the associated exercise costs and tax liabilities. As a result of this transaction, Clive Latcham's shareholding has now increased to 3,150,000 Ordinary Shares in the Company, representing 0.06% of the total voting rights. Clive Latcham retains 2,750,000 share options in the Company at various strike prices.

Alex Borelli, Non-Executive Director, has exercised options over 7,500,000 options at 0.7 pence per share and for 25,000,0000 options at 0.2 pence per share for a total consideration of £102,500. He has retained 13,300,000 of the resulting shares, and sold 19,200,000 of the resulting shares to fund the associated exercise costs and tax liabilities. As a result of this transaction, Alex Borelli's shareholding has now increased to 26,403,372 Ordinary Shares in the Company, representing 0.52% of the total voting rights. Alex Borelli retains 19,000,000 share options in the Company at various strike prices.

Admission of shares and total voting rights

As a result of these option conversions, 41,250,000 new ordinary shares will be admitted to trading under the Block Listing Application dated 4 January 2023.

Following Admission, the total issued share capital of the Company will consist of 5,057,126,282 ordinary shares. As each ordinary share carries the right to one vote, the total number of voting rights in the Company will be 5,057,126,282. 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.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities / person closely associated with them.

Notification and public disclosure of transactions by persons discharging managerial responsibilities / person closely associated with them.

Enquiries:

Notes for Editors:

Greatland Gold plc (AIM:GGP) is a mining development and exploration company with a focus on precious and base metals.

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 four projects across Australia with a focus on becoming a multi-commodity mining company of significant scale.