14th May 2007 15:54
Greatland Gold PLC14 May 2007 GREATLAND GOLD PLC Issue of Equity Dated: 14 May 2007 Greatland Gold plc (the "Company"), the mineral exploration and developmentcompany focused on gold projects in Tasmania and Western Australia, has issued afurther 40,000,000 new ordinary shares of 0.1p each in the capital of theCompany (the "Shares"), conditional on the Shares being admitted to trading onAIM. City Equities Limited has agreed to subscribe for 20,000,000 Shares at 2.00p perShare. Following the subscription, City Equities Limited will hold 20,000,000Shares, which is approximately 13.65% of the issued share capital of the Companyas enlarged by the placing. Hoodless Brennan plc has also agreed to subscribe for 20,000,000 Shares at 2.00pper Share. Following the subscription, Hoodless Brennan plc will hold 20,000,000Shares, which is approximately 13.65% of the issued share capital of the Companyas enlarged by the placing. Following the issue of these Shares the Company's total issued share capitalwill be 146,550,000 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 May 2007. Enquiries: Callum Baxter +44 (0)20 7099 5845 Greatland Gold plc Managing Director John Simpson +44 (0)20 7512 0191 ARM Corporate Finance Ltd Nominated Adviser Updates on the Company's activities are regularly posted on its websitewww.greatlandgold.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Greatland Gold