4 August 2022
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
("Greatland" or "the Company")
Issue of Equity and Total voting rights
Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on tier-one gold-copper deposits, announces that an application has been made to the London Stock Exchange for 138,981,150 ordinary shares ("New Ordinary Shares") to be admitted to trading on AIM ("Admission"). The New Ordinary Shares were issued as part consideration that was due under the original 2016 Havieron project acquisition as described in the announcement dated 14 July 2022. Admission is expected to occur at 8.00am on or about 8 August 2022.
Following Admission, the total issued share capital of the Company will consist of 4,209,528,321 ordinary shares. As each ordinary share carries the right to one vote, the total number of voting rights in the Company will be 4,209,528,321. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
| Greatland Gold PLC Shaun Day | +44 (0)20 3709 4900 info@greatlandgold.com www.greatlandgold.com |
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| SPARK Advisory Partners Limited (Nominated Adviser) Andrew Emmott/James Keeshan | +44 (0)20 3368 3550
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| Berenberg (Joint Corporate Broker and Financial Adviser) Matthew Armitt/Jennifer Lee/Jack Botros | +44 (0)20 3207 7800
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| Canaccord Genuity (Joint Corporate Broker and Financial Adviser) James Asensio/Patrick Dolaghan | +44 (0)20 7523 8000
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| Hannam & Partners (Joint Corporate Broker and Financial Adviser) Andrew Chubb/Matt Hasson/Jay Ashfield | +44 (0)20 7907 8500 |
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| SI Capital Limited (Joint Broker) Nick Emerson/Alan Gunn | +44 (0)14 8341 3500
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| Luther Pendragon (Media and Investor Relations) Harry Chathli/Alexis Gore | +44 (0)20 7618 9100
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Notes for Editors:
Greatland Gold plc (AIM:GGP) is a mining development and exploration company with a focus on precious and base metals . 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.
Newcrest holds a joint venture interest of 70% (30% Greatland). Newcrest may also acquire an additional 5% joint venture interest and, if exercised, Newcrest will be entitled to an overall joint venture interest of 75% (Greatland 25%).
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 focus to continue to expand our understanding of this world class ore body. Construction of the box cut and decline to develop the Havieron deposit commenced in February 2021.
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.
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