Greatland
Gold plc (AIM: GGP)
E: info@greatlandgold.com
W: https://greatlandgold.com
:
twitter.com/greatlandgold
NEWS RELEASE
| 3 December
2024
Supplementary Admission Document
publication
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 the Company) published an Admission
Document dated 10 September 2024 (Admission Document) in respect of an
acquisition from certain Newmont Corporation subsidiaries
(Newmont) of Newmont's 70%
ownership interest in the Havieron gold-copper project, 100%
ownership of the Telfer gold-copper mine, and other related
interests in assets in the Paterson region (the Acquisition).
Defined terms in this announcement shall have the same
meaning as in the Company's Admission Document dated 10 September
2024, unless otherwise specified.
The Acquisition constitutes a reverse takeover
pursuant to the AIM Rules for Companies. As such, upon
Acquisition Completion, the admission of the Company's ordinary
shares then in issue (comprising the existing issued ordinary
shares and the Consideration Shares) will be cancelled and
application has been made for the immediate admission of the
Enlarged Share Capital to trading on AIM (Admission). Admission is expected
to occur at 8:00 a.m. on or around Wednesday, 4 December 2024.
The Company has published a Supplementary
Admission Document in relation to the Acquisition and Admission
dated 3 December 2024 that is available on the Company's website
at https://greatlandgold.com/investors/results/
and contains additional information and updates since
publication of the Admission Document.
Contact
For further information, please
contact:
Greatland Gold plc
Shaun Day, Managing Director
| Rowan Krasnoff, Head of Business Development
info@greatlandgold.com
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
Berenberg | Matthew
Armitt / Jennifer Lee | +44 203 368 3550
SI Capital Limited |
Nick Emerson / Sam Lomanto | +44 148 341
3500
Media Relations
UK - Gracechurch Group | Harry
Chathli / Alexis Gore / Henry Gamble | +44 204 582
3500
Australia - Fivemark Partners
| Michael Vaughan | +61 422 602 720
About Greatland
Greatland is a mining development and
exploration company focused primarily on precious and base
metals.
Havieron is located approximately 45km east of
the Telfer gold mine. The box cut and decline to the Havieron
orebody commenced in February 2021. Total development exceeds
3,060m including over 2,110m of advance in the main access decline
(as at 30 June 2024). Havieron is intended to leverage the
existing Telfer infrastructure and processing plant, which would
de-risk the development and reduces capital expenditure.
On 10 September 2024, Greatland announced that
certain of its wholly owned subsidiaries had entered into a binding
agreement with certain Newmont Corporation subsidiaries to acquire,
subject to certain conditions being satisfied, a 70% ownership
interest in the Havieron gold-copper project (consolidating
Greatland's ownership of Havieron to 100%), 100% ownership of the
Telfer gold-copper mine, and other related interests in assets in
the Paterson region. Completion of the acquisition is subject to
the satisfaction of certain conditions precedent and is scheduled
to occur on 4 December 2024.
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.