Greatland Gold plc (AIM: GGP)

E: [email protected]

W: https://greatlandgold.com

: twitter.com/greatlandgold

NEWS RELEASE | 1 July 2024

Chief Financial Officer Appointment

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 the Company) is delighted to announce the appointment and commencement of Dean Horton as Chief Financial Officer.

Dean has over 25 years of experience and brings an exceptional and highly relevant skillset to Greatland, which includes experience in:

  Project debt financing of Australian and international resources and energy projects, including nine years working at National Australia Bank and most recently three years at Fortescue Metals Group.

  Strategy and corporate development, including assessment, due diligence, funding, execution and integration of acquisitions and investments.

  Corporate finance, including financial strategy, management and reporting, treasury and liquidity capital management, business improvement and risk management.

Dean's appointment supports Greatland in delivering the full potential of Havieron for shareholders, as the project progresses through a completed feasibility study, execution of project debt finance, completion of development and into commercial operations.  Dean joins in a non board capacity.

Monique Connolly has been excellent as Acting Chief Financial Officer while Greatland's recruitment process has been underway. With Dean's commencement, Monique will remain in Greatland's senior leadership team as General Manager Finance.

Greatland Managing Director, Shaun Day, commented: "Dean is a great addition to Greatland's already strong management team and we are delighted he has joined us. His depth and breadth of experience, particularly in project debt financing, further enhances our capability to optimise and complete the funding and development of Havieron."

"I would like to express my sincere thanks to Monique Connolly for her stewardship of the Finance team as Acting Chief Financial Officer over recent months, and my congratulations for her appointment as General Manager Finance."

Contact

For further information, please contact:

Greatland Gold plc

Shaun Day, Managing Director  |  [email protected]

Nominated Advisor

SPARK Advisory Partners

Andrew Emmott / James Keeshan / Neil Baldwin  |  +44 203 368 3550

Corporate Brokers

Berenberg  |  Matthew Armitt / Jennifer Lee  |  +44 203 368 3550

Canaccord Genuity  |  James Asensio / George Grainger  |  +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 Province of Western Australia, discovered by Greatland and presently under development in joint venture with world gold major, Newmont Corporation.

Havieron is located approximately 45km east of Newcrest's existing Telfer gold mine. The box cut and decline to the Havieron orebody commenced in February 2021. Total development now exceeds 3,060m including over 2,110m of advance in the main access decline (as at 31 March 2024).  Subject to a positive feasibility study and Decision to Mine, Havieron is intended to leverage the existing Telfer infrastructure and processing plant.  Access to Telfer would de-risk the development and reduces capital expenditure.

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.