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Pin to quick picksGreatland Gold Regulatory News (GGP)

Share Price Information for Greatland Gold (GGP)

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Issue of New Shares

11 Nov 2022 10:39

RNS Number : 1577G
Greatland Gold PLC
11 November 2022
 

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11 November 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")

 

Issue of new shares

 

Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on precious and base metals, announces that an application will be made to the London Stock Exchange for 13,443,391 new fully paid ordinary shares ("New Ordinary Shares") to be admitted to trading on AIM ("Admission").

 

The New Ordinary Shares will have an issue price of 7.65 pence per share (being the 5-day VWAP to 9 November 2022) and will be issued conditional on Admission. The shares are being issued in satisfaction of the Company's obligations to pay financial advisory service fees to a third party for advice in respect of the Havieron 5% option process which culminated in Greatland retaining 30% ownership of Havieron, as announced in August 2022.

 

Admission is expected to occur at 8.00am on 17 November 2022.

 

 

Admission of shares and total voting rights

 

Following Admission, the total issued share capital of the Company will consist of 5,015,876,282 ordinary shares. As each ordinary share carries the right to one vote, the total number of voting rights in the Company will be 5,015,876,282. 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.

 

 

 

Enquiries:

 

Greatland Gold PLC

Shaun Day

info@greatlandgold.com

www.greatlandgold.com

 

 

SPARK Advisory Partners Limited (Nominated Adviser)

Andrew Emmott/James Keeshan

+44 (0)20 3368 3550

 

 

 

Berenberg (Joint Corporate Broker and Financial Adviser)

Matthew Armitt/Jennifer Lee/Jack Botros

+44 (0)20 3207 7800

 

 

 

Canaccord Genuity (Joint Corporate Broker and Financial Adviser)

James Asensio/Patrick Dolaghan

+44 (0)20 7523 8000

 

 

 

SI Capital Limited (Joint Broker)

Nick Emerson/Sam Lomanto

+44 (0)14 8341 3500

 

 

Gracechurch Group (Media and Investor Relations)

Harry Chathli/Alexis Gore/Henry Gamble

+44 (0)20 4582 3500

 

 

 

 

Notes for Editors:

 

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

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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