Issue of Equity

20th Jul 2007 07:00

Greatland Gold PLC20 July 2007 GREATLAND GOLD PLC Issue of Equity Dated: 20 July 2007 Greatland Gold plc (the "Company"), the mineral exploration and developmentcompany focused on gold projects in Tasmania and Western Australia, has issued afurther 30,000,000 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 2.25p perShare. Following the subscription, City Equities Limited will hold 20,000,000Shares, which is approximately 11.33% of the issued share capital of the Companyas enlarged by the placing. Wills & Co. has also agreed to subscribe for 10,000,000 Shares at 2.25p perShare. Following the subscription, Wills & Co. will hold 10,000,000 Shares,which is approximately 5.66% of the issued share capital of the Company asenlarged by the placing. Following the issue of these Shares the Company's total issued share capitalwill be 176,550,000 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 26 July 2007. Enquiries: Callum Baxter +44 (0)20 7099 5845 Greatland Managing Director Gold plc John Simpson +44 (0)20 7512 0191 ARM Corporate Nominated Adviser Finance Ltd 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 Exchange

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Greatland Gold