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BRIEF-Greatland Gold Raises £4.2 Mln

Published 12/08/2019, 07:33 pm
Updated 12/08/2019, 07:40 pm
© Reuters.  BRIEF-Greatland Gold Raises £4.2 Mln
GGPL
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Aug 12 (Reuters) - Greatland Gold PLC GGPL.L :

* GREATLAND GOLD PLC - GREATLAND RAISES £4.2M AND APPOINTS JOINT BROKER

* GREATLAND GOLD - FUNDS RAISED BY SI CAPITAL, NUMIS INCREASE CO'S CASH BALANCE TO APPROXIMATELY £6.4 MILLION

* GREATLAND GOLD - NET PROCEEDS WILL BE USED TO ADVANCE KEY EXPLORATION TARGETS, PARTICULARLY IN PATERSON REGION OF WESTERN AUSTRALIA

* GREATLAND GOLD PLC - PLACING AND SUBSCRIPTION OF 225.8 MILLION NEW ORDINARY SHARES OF 0.1 PENCE EACH AT A PLACING PRICE OF 1.85P PER ORDINARY SHARE

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