THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH
FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018 ("UK MAR").
NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY
PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS
UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS
ANNOUNCEMENT.
NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR
INTO THE UNITED STATES, CANADA OR JAPAN.
13 September 2024
Greatland
Gold plc
("Greatland" or the
"Company")
Result of
Retail Offer
Greatland Gold plc
(AIM:GGP), announced on 10 September
2024 the launch of a fundraising comprising
a placing conducted by Canaccord Genuity Limited ("Canaccord")(the
"Placing") and a separate
offer via PrimaryBid (the "Retail Offer") (together the "Equity Raising").
The Company is pleased to announce
that further to the announcement of the results of the Placing on
11 September 2024, the oversubscribed Retail Offer successfully
closed at 4:45 p.m. on 12 September 2024. The Retail Offer has been
taken up in full and the Company has conditionally raised
additional gross proceeds of approximately £6.7 million at
4.8 pence per ordinary share via the Retail
Offer.
Subject to the passing of Resolution
1 at the Company's forthcoming General Meeting and the closing of
the Placing, the Company will therefore issue and allot a total of
140,725,613 New Ordinary Shares to satisfy the Retail Offer
("Retail Offer Shares")
with allocation preference being given to the existing shareholders
of the Company.
Admission
Application will be made to the
London Stock Exchange for these Retail Offer Shares, which rank
pari passu with the Company's existing Ordinary Shares and the
shares to be issued pursuant to the Placing, to be admitted to
trading on AIM ("Admission"). Admission is expected to occur at
and Dealings are expected to commence at 8.00 a.m. on 1
October 2024.
Defined terms in this announcement
shall have the same meaning as in the Company announcement at 4:45
p.m. on 10 September
2024, unless otherwise
specified.
Enquiries
|
Greatland Gold plc
Shaun Day, Managing Director / Rowan
Krasnoff, Head of Business Development
|
info@greatlandgold.com
|
|
PrimaryBid Limited
Nick Smith / James Deal
|
enquiries@primarybid.com
|
|
SPARK Advisory Partners Limited (Nominated
Adviser)
Andrew Emmott / James Keeshan / Neil
Baldwin
|
+44 203
368 550
|
|
Media Relations
Fivemark Partners (Australia)
Michael Vaughan
Gracechurch Group (UK)
Harry Chathli / Alexis Gore / Henry
Gamble
|
+61 422
602 720
+44 204
582 3500
|
Important Information
This Announcement is not for
publication or distribution, directly or indirectly, in or into the
United States of America. This Announcement is not an offer of
securities for sale into the United States. The securities referred
to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold
in the United States, except pursuant to an applicable exemption
from registration. No public offering of securities is being made
in the United States.
This Announcement and the
information contained herein, is restricted and is not for
publication, release or distribution, directly or indirectly, in
whole or in part, in or into Australia, Canada, the Republic of
South Africa, Japan or any other jurisdiction in which such
publication, release or distribution would be unlawful. Further,
this Announcement is for information purposes only and is not an
offer of securities in any jurisdiction.