Greatland Gold PLC ASX Listing -- Response to media article (5544Z)
May 16 2023 - 3:10AM
UK Regulatory
TIDMGGP
RNS Number : 5544Z
Greatland Gold PLC
16 May 2023
Greatland Gold plc (AIM: GGP)
E: info@greatlandgold.com
W: https://greatlandgold.com
: twitter.com/greatlandgold
NEWS RELEASE | 16 May 2023
ASX Listing - Response to media article
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 Company) refers to an
article published in The Australian Financial Review's Street Talk
column today titled "Greatland ramps up listing preparations, BofA
nabs role" (AFR Article).
The AFR Article reports that Greatland has appointed Bank of
America to assist with its listing on the Australian Securities
Exchange (ASX) and that the Company is seeking to raise between
A$50 million and A$100 million.
Greatland confirms that consistent with its most recent RNS
Announcement titled "Non-Executive Director Appointment and ASX
Listing Update" dated 2 May 2023, the Company is continuing to
advance preparations for a cross-listing on the ASX and that this
is targeted to occur during the September 2023 quarter subject to
required approvals (ASX Listing).
Greatland confirms that its ASX Listing preparations remain on
track and it has been evaluating whether to conduct a potential
equity capital raising as part of that process.
Whilst preliminary discussions have been held with investment
banks, Greatland advises that the Company has not made any decision
as to whether to conduct a capital raising nor has it formally
mandated any investment banks in connection with the ASX
Listing.
Greatland will keep shareholders informed on all material
developments as it continues to evaluate and progress the ASX
Listing as and when required by AIM Rules.
Contact
For further information, please contact:
Greatland Gold plc
Shaun Day, Managing Director | info@greatlandgold.com
Nominated Adviser
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 / Patrick Dolaghan | +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 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 ASX gold major, Newcrest Mining Limited
(Newcrest).
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 and continues to accelerate with
project record advancement achieved in the December 2022 quarter.
Havieron is intended to leverage the existing Telfer infrastructure
and processing plant. Access to Telfer will de-risk the
development, reduce capital expenditure and lower the project's
carbon footprint.
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.
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END
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May 16, 2023 03:10 ET (07:10 GMT)
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