Share Price.com
Market Update Economic Events Directors Deals Commodities Prices News Market Movers

Greatland Gold raises £750k via placing

Wednesday, 20th September 2017
Greatland Gold has confirmed that the Company successfully raised £750k via the placing of 166,666,667 new ordinary shares at 0.45p each.

The net proceeds of the placing will be used to accelerate exploration activity across Company's portfolio of 100% owned, Australian-based projects.

The funds raised increase the Company's cash balances to approximately £1,500,000.

Gervaise Heddle, Chief Executive Officer, commented: "I am pleased at the level of support for our oversubscribed placing of £750,000 and look forward to putting the funds raised to work within the Company by accelerating our exploration plans across the portfolio of 100% owned, Australian-based projects. We welcome our new shareholders onto our register and thank our existing shareholders for their continued support."



At 1:35pm: (LON:GGP) Greatland Gold PLC share price was -0.05p at 0.53p



Story provided by StockMarketWire.com

Related Shares: Greatland

Share Search
Share Search Share Search

Visit the Share Search.
Share Search

Share News
Share News



SharePrice.com will do their best to ensure the quality of the information displayed on this site, but all information is provided as-is, free of charge. We cannot be held responsible for any loss, material or otherwise, due to incorrect information found here. UK data supplied by NBTrader and Digital Look. Share Prices are at least 15 minutes delayed.