Greatland Gold PLC Warrant Exercise (0156J)
June 23 2017 - 6:30AM
UK Regulatory
TIDMGGP
RNS Number : 0156J
Greatland Gold PLC
23 June 2017
23 June 2017
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
Greatland Gold plc
("Greatland" or "the Company")
Warrant Exercise
Greatland Gold plc (LON:GGP), the London Stock Exchange AIM
listed precious and base metals exploration and development
business, is pleased to announce that it has received a binding
warrant conversion notice from Starvest plc (LON:SVE) for the
conversion of 50,000,000 warrants at price of 0.2p per share for a
total amount of GBP100,000. Following the exercise of warrants,
Starvest plc will hold 85,333,333 shares in Greatland, representing
approximately 4.35% of shares outstanding.
As a result of this warrant conversion, 50,000,000 new ordinary
shares are expected to be admitted to trading on or around 29 June
2017 ("Admission").
Following Admission the total issued share capital of the
Company will consist of 1,962,945,081 ordinary shares. As such the
total number of voting rights in the Company will be 1,962,945,081
ordinary shares. 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
Callum Baxter/Gervaise Heddle
Tel +44 (0)20 7747 9980
Email: info@greatlandgold.com
www.greatlandgold.com
SPARK Advisory Partners Limited (Nominated Adviser)
Mark Brady/Sean Wyndham-Quin/James Keeshan
Tel +44 (0)20 3368 3550
SI Capital Limited (Broker)
Nick Emerson / Andy Thacker
Tel +44 (0)14 8341 3500
Luther Pendragon (Media and Investor Relations)
Harry Chathli/Ana Ribeiro/Alexis Gore
Tel +44 (0)20 7618 9100
Notes for Editors:
Greatland Gold plc is London listed (LON:GGP) natural resource
exploration and development company with a current focus on gold
and nickel exploration projects.
The Company has six main projects; four situated in Western
Australia and two in Tasmania. All projects are 100% owned by
Greatland or Greatland has the right to take 100% ownership.
Greatland is seeking to identify large mineral deposits in areas
that have not been subject to extensive exploration previously. It
is widely recognised that the next generation of large deposits
will come from such under-explored areas and Greatland is applying
advanced exploration techniques to investigate a number of
carefully selected targets within its focused licence
portfolio.
The Company is also actively investigating a range of new
opportunities in precious and strategic metals and will update the
market on new opportunities as and when appropriate.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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