Results of RetailBook Offer

Greatland Resources Limited

E: [email protected]

W: https://greatland.com.au

: x.com/greatlandgold

NEWS RELEASE | 17 June 2025

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, OR INTO OR WITHIN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION

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 Resources Limited (Greatland Resources or the Company) is pleased to announce that it has conditionally placed £6,686,165 pursuant to a retail offer of new ordinary shares in the capital of the Company via RetailBook as announced on 2 June 2025 (RetailBook Offer).

The RetailBook Offer, received significant demand and so the Company has conditionally placed the full £6,686,165 (being equivalent to the maximum amount of €8 million, so as to fall within an exemption from publishing a UK prospectus).  A total of 2,115,875 new ordinary shares in the capital of the Company will be issued pursuant to the RetailBook Offer (RetailBook Shares). The RetailBook Shares will be issued at a price of 316 pence per share, being the sterling equivalent of the price determined by the bookbuilding process for the separate Australian Offering (Offer Price), as announced on 16 June 2025.

Application will be made to the London Stock Exchange for 2,115,875 RetailBook Shares and the ordinary shares in the Company to be issued pursuant to the Australian Offering, to be admitted to trading on AIM (AIM Admission). AIM Admission is expected to take place and dealings in the RetailBook Shares are expected to commence at 8.00 a.m. on 23 June 2025, at which time it is also expected that the RetailBook Shares will be enabled for settlement in CREST. In addition, Greatland Resources has applied to be admitted to the Official List of the ASX and the RetailBook Shares and the shares to be issued pursuant to the Australian Offering are expected to be quoted on the ASX and commence trading on a normal settlement basis on the ASX at 1.00p.m. (Sydney Time) / 4.00 a.m. (London Time) on 24 June 2025.

Completion of the RetailBook Offer is conditional, among other things, on the Scheme being sanctioned by the UK Court and becoming effective. The RetailBook Shares, when issued, will rank pari passu with the existing Greatland Resources shares.

Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the Company's announcement of 2 June 2025.

The Joint Lead Managers to the Australian Offering are not acting for the Company with respect to the RetailBook Offer.

Contact

For further information, please contact:

Greatland Gold plc

Shaun Day, Managing Director  |  Rowan Krasnoff, Chief Development Officer

[email protected]   

Nominated Advisor

SPARK Advisory Partners

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

Corporate Brokers

Canaccord Genuity  |  James Asensio / George Grainger  |  +44 207 523 8000

SI Capital Limited  |  Nick Emerson / Sam Lomanto  |  +44 148 341 3500

Media Relations

Australia - Fivemark Partners  |  Michael Vaughan  |  +61 422 602 720

UK - Gracechurch Group  | Harry Chathli / Alexis Gore / Henry Gamble  |  +44 204 582 3500

About Greatland

Greatland is a gold and copper mining company listed on the London Stock Exchange's AIM Market (LSE:GGP) and operates its business from Western Australia.

The Greatland portfolio includes the 100% owned Telfer mine, the adjacent 100% owned brownfield world-class Havieron gold-copper development project and a significant exploration portfolio within the surrounding region. The combination of Telfer and Havieron provides for a substantial and long life gold-copper operation in the Paterson Province in the East Pilbara region of Western Australia.

Greatland is targeting a cross listing on the ASX in June 2025.

Important Notices

This announcement has been prepared by, and is the sole responsibility of, the Company.

It is a term of the RetailBook Offer that the total value of the new ordinary shares in the Company ("Ordinary Shares") available for subscription at the Issue Price under (i) the RetailBook Offer; and (ii) any other offer to the public in the United Kingdom falling within section 86(4) of FSMA, does not (in aggregate) exceed the equivalent of €8 million. The RetailBook Offer is offered in the United Kingdom under the exemption from the requirement to publish a prospectus in section 86(1)(e) and 86(4) of FSMA. As such, there is no need for publication of a prospectus pursuant to the Prospectus Regulation Rules of the Financial Conduct Authority, or for approval of the same by the Financial Conduct Authority. The RetailBook Offer is not being made into any jurisdiction other than the United Kingdom.

This announcement and the information contained herein is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into or from the United States (including its territories and possessions, any state of the United States and the District of Columbia (the "United States" or "US")), Australia, Canada, New Zealand, Japan, the Republic of South Africa, any member state of the EEA or any other jurisdiction where to do so might constitute a violation of the relevant laws or regulations of such jurisdiction.

The new Ordinary Shares have not been and will not be registered under the US Securities Act or under the applicable state securities laws of the United States and may not be offered or sold directly or indirectly in or into the United States. No public offering of the new Ordinary Shares is being made in the United States. The new Ordinary Shares are being offered and sold outside the United States in "offshore transactions", as defined in, and in compliance with, Regulation S under the US Securities Act. In addition, the Company has not been, and will not be, registered under the US Investment Company Act of 1940, as amended.

This announcement does not constitute or form part of an offer to sell or issue or a solicitation of an offer to buy or subscribe for new Ordinary Shares in any jurisdiction, including in the United States, Australia, Canada, New Zealand, Japan, the Republic of South Africa, any member state of the EEA or any other jurisdiction in which such offer or solicitation is or may be unlawful. No public offer of the securities referred to herein is being made in any such jurisdiction. It is important to note that while the prospectus prepared by the Company and Bright SaleCo Limited ("SaleCo") dated 30 May 2025 contains information relating to the Company, the ASX listing and the Australian Offering (including various risk factors), it was prepared by the Company and SaleCo solely in connection with the ASX listing and the Australian Offering, it was not prepared in connection with the UK Retail Offer and does not form part of the UK Retail Offer materials.

The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

RetailBook is a proprietary technology platform owned and operated by Retail Book Limited (registered address at 10 Queen Street Place, London EC4R 1AG). Retail Book Limited is authorised and regulated in the United Kingdom by the Financial Conduct Authority (FRN 994238).

Certain statements in this announcement are forward-looking statements which are based on the Company's expectations, intentions and projections regarding its future performance, anticipated events or trends and other matters that are not historical facts. These forward-looking statements, which may use words such as "aim", "anticipate", "believe", "intend", "estimate", "expect" and words of similar meaning, include all matters that are not historical facts. These forward-looking statements involve risks, assumptions and uncertainties that could cause the actual results of operations, financial condition, liquidity and dividend policy and the development of the industries in which the Company's businesses operate to differ materially from the impression created by the forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Given those risks and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements.

These forward-looking statements speak only as at the date of this announcement and cannot be relied upon as a guide to future performance. The Company and RetailBook expressly disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect actual results or any change in the assumptions, conditions or circumstances on which any such statements are based unless required to do so by the Financial Conduct Authority, the London Stock Exchange plc or applicable law.