Application for AIM Admission, TVR

Greatland Resources Limited

E: [email protected]

W: www.greatland.com.au

: twitter.com/greatlandgold

NEWS RELEASE | 20 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 Company) is pleased to announce that, further to Greatland Gold plc's announcement on 18 June 2025, an application has been made for 670,618,774 ordinary shares in Greatland Resources (Ordinary Shares) to be admitted to trading on AIM (AIM Admission). AIM Admission is expected to take effect at 8.00 a.m. on 23 June 2025.

In addition, Greatland Resources has applied for the Ordinary Shares to be admitted to the Official List of the Australian Securities Exchange (ASX) and the Ordinary Shares are expected to be quoted on the ASX and commence trading on a normal settlement basis at 1.00 p.m. (Sydney Time) / 4.00 a.m. (London Time) on 24 June 2025.

The Ordinary Shares to be admitted to trading on ASX and AIM comprise:

·    660,927,141 Ordinary Shares pursuant to the UK Scheme (such number reflecting the 20:1 consolidation ratio and rounding of fractional entitlements under the UK Scheme), including the Ordinary Shares to be transferred by Bright SaleCo Limited as contemplated under the replacement prospectus published by the Company and Bright SaleCo Limited on 30 May 2025 (Prospectus);

·    7,575,758 Ordinary Shares pursuant to the Offer (as defined in the Prospectus); and

·    2,115,875 Ordinary Shares pursuant to the UK Retail Offer (as defined in the Prospectus).

The issue price for the Ordinary Shares issued pursuant to the Offer and the UK Retail Offer is 316 pence per share, being the sterling equivalent of the price determined by the bookbuilding process for the Offer, as announced on 16 June 2025.

Issued share capital on Admission and Total Voting Rights

Following AIM Admission, the Company's issued share capital will comprise 670,618,774 Ordinary Shares each with one voting right per share.  There are no shares held in treasury. 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 Guidance and Transparency Rules.

Updated Schedule One Announcement

Further to the announcement on 23 May 2025, an updated Schedule One has been published today incorporating the information contained in this announcement and certain other information which was not previously available at the time of publication of the original Schedule One Announcement on 23 May 2025.

Other

Reference in this announcement to the UK Scheme is to the reorganisation of Greatland Gold plc and its subsidiaries by means of a scheme of arrangement under Part 26 of the UK Companies Act 2006 pursuant to which Greatland Resources will become the new holding company of the Greatland Gold group. Further details of the UK Scheme are set out in the scheme document dated 24 April 2025 (Scheme Document).

Unless otherwise stated, all references to times and dates above and in this document are to London time.

Contact

For further information, please contact:

Greatland Gold plc

Shaun Day, Managing Director | Rowan Krasnoff, Chief Development Officer
[email protected].au 

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 Gold plc 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 world-class Havieron gold-copper brownfield 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 of Western Australia.