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Greatland Gold plc issued 10,810,812 new Ordinary Shares of 0.1p each during August 2021 for a total consideration of £270,270.30, utilising its block listing authority from 10 February 2020. Following this, the Company's new issued share capital comprises 3,964,547,171 ordinary shares, and it has no further shares to issue under this specific block listing facility as all investor warrants have been exercised.
| Date | 1 Sept 2021 |
| Time | 10:18:21 |
| Category | Capital structure |
| ID | 3814K |
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Issue of shares and total voting rights
Greatland Gold plc (AIM:GGP), a leading development and exploration company with a focus on tier-one gold-copper deposits, announces that during August 2021, the Company issued 10,810,812 new Ordinary Shares of 0.1p each from its block listing authority of 10 February 2020 (the "Share Issue") for a total consideration of £270,270.30.
Following the Share Issue, the Company has no further shares to issue under its block listing facility as all investor warrants issued by the Company have been exercised.
The Company's new issued share capital comprises 3,964,547,171 ordinary shares. When calculating 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 FCA's Disclosure and Transparency Rules.
Enquiries:
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Greatland Gold PLC Shaun Day |
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+44 (0)20 3709 4900 |
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SPARK Advisory Partners Limited (Nominated Adviser) Andrew Emmott/James Keeshan |
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+44 (0)20 3368 3550
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Berenberg (Joint Corporate Broker and Financial Adviser) Matthew Armitt/Jennifer Wyllie/Detlir Elezi |
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+44 (0)20 3207 7800
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Canaccord Genuity (Joint Corporate Broker and Financial Adviser) James Asensio/Patrick Dolaghan |
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+44 (0)20 7523 8000
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Hannam & Partners (Joint Corporate Broker and Financial Adviser) Andrew Chubb/Matt Hasson/Jay Ashfield |
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+44 (0)20 7907 8500 |
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SI Capital Limited (Joint Broker) Nick Emerson/Alan Gunn |
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+44 (0)14 8341 3500
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Luther Pendragon (Media and Investor Relations) Harry Chathli/Alexis Gore/Joe Quinlan |
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+44 (0)20 7618 9100
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Notes for Editors:
Greatland Gold plc (AIM:GGP) is a leading development and exploration company with a focus on tier-one gold-copper deposits. The Company's flagship asset is the world-class Havieron gold-copper deposit in the Paterson region of Western Australia, discovered by Greatland and presently under development in Joint Venture with Newcrest Mining Ltd.
Havieron is located approximately 45km east of Newcrest's Telfer gold mine and, subject to positive decision to mine, will leverage the existing infrastructure and processing plant to significantly reduce the project's capital expenditure and carbon impact for a low cost pathway to development. An extensive growth drilling programme is presently underway at Havieron with a Pre-Feasibility Study due for release in late calendar 2021. Construction of the box cut and decline to develop the Havieron orebody commenced in February 2021.
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 six projects across Australia with a focus on becoming a multi-commodity mining company of significant scale.