Last checked at 1 Mar 2023 10:40
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NEWS RELEASE 1 March 2023
Total Voting Rights
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 (AIM:GGP; Greatland or Company) announces that during February 2023, the Company issued 11,500,000 new ordinary shares following the conversion of options held by former employees (Share Issue). The Share Issue was completed under the Company's block listing facility (see RNS Announcement titled "Block Listing Application" dated 4 January 2023) for total exercise consideration of £298,000.
Following the Share Issue, Greatland has the ability to issue a further 21,250,000 shares under its block listing facility.
As at 28 February 2023, the Company's issued share capital comprises 5,068,626,282 ordinary shares.
When calculating the total number voting rights, shareholders should use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
Contact
For further information, please contact:
Greatland Gold plc
Shaun Day, Managing Director | info@greatlandgold.com
Nominated Advisor
SPARK Advisory Partners
Andrew Emmott / James Keeshan | greatlandgold@sparkapl.com | +44 203 368 3550
Corporate Brokers
Berenberg | Matthew Armitt / Jennifer Lee | +44 203 368 3550
Canaccord Genuity | James Asensio / Patrick Dolaghan | +44 207 523 8000
SI Capital Limited | Nick Emerson / Sam Lomanto | +44 148 341 3500
Media Relations
UK - Gracechurch Group | Harry Chathli / Alexis Gore / Henry Gamble | +44 204 582 3500
Australia - Fivemark Partners | Michael Vaughan | +61 422 602 720
About Greatland
Greatland is a mining development and exploration company focused primarily on precious and base metals.
The Company's flagship asset is the world-class Havieron gold-copper project in the Paterson region of Western Australia, discovered by Greatland and presently under development in joint venture with ASX gold major, Newcrest Mining Limited.
Havieron is located approximately 45km east of Newcrest's existing Telfer gold mine. The box cut and decline to develop the Havieron orebody commenced in February 2021. Development continues to accelerate with record advancement achieved in the December 2022 quarter. Havieron is intended to leverage the existing Telfer infrastructure and processing plant. Access to Telfer de-risks the development, reduces capital expenditure and lowers the project's carbon footprint.
Greatland has a proven track record of discovery and exploration success and is pursuing the next generation of tier-one mineral deposits by applying advanced exploration techniques in under-explored regions. Greatland has a number of exploration projects across Western Australia and in parallel to the development of Havieron is focused on becoming a multi-commodity miner of significant scale.