12th Sep 2006 15:58
Greatland Gold PLC12 September 2006 GREATLAND GOLD PLC Issue of Equity Dated: 12 September 2006 Greatland Gold plc (the "Company") the mineral exploration and developmentcompany focused on gold projects in Tasmania and Western Australia, has issued5,000,000 new ordinary shares of 0.1p each in the capital of the Company (the "Shares"), conditional on the Shares being admitted to trading on AIM. Sunvest Corporation Limited ("Sunvest") has subscribed for a further 5,000,000Shares at 2p per Share under the terms of an agreement dated 27 June 2006between the Company and Sunvest, a company incorporated in Australia and listedon the Australian Stock Exchange. This agreement was disclosed in the AdmissionDocument dated 27 June 2006. Following this subscription, Sunvest holds 10,000,000 Shares in the Company,which represents approximately 9.5% of the issued share capital of the Companyas enlarged by this transaction. Following the issue of these Shares the Company's total issued share capitalwill be 105,550,000 Shares. Application has been made to the London StockExchange for the Shares to be admitted to trading on AIM. Dealings are expectedto commence at 8.00 a.m. on 18 September 2006. Enquiries:Callum Baxter +44 (0)7922 255 933 Greatland Gold plc Managing Director John Simpson +44 (0)20 7512 0191 ARM Corporate Finance Ltd Nominated Adviser This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Greatland Gold