GGP greatland resources limited

NEWS RELEASE | 13 June 2025 Greatland Resources Limited -...

Currently unlisted. Proposed listing date: 24 JUNE 2025 1:00 PM AEST ##
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    NEWS RELEASE | 13 June 2025

    Greatland Resources Limited - Announcement of Launch of Bookbuild

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, OR INTO OR WITHIN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION

    THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK MARKET ABUSE REGULATIONS. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

    Greatland Resources Limited (Greatland Resources or the Company) is pleased to announce that, pursuant to the replacement prospectus published on 30 May 2025 in connection with the ASX listing (Prospectus), the Company has today launched a bookbuild for the Offer (as defined in the Prospectus), comprising:

    · a non-pre-emptive placing of new ordinary shares in the Company to raise gross proceeds of up to AUD50m (Australian Primary Offer); and

    · the sale of up to 66,729,557 ordinary shares in the Company, representing half of the ordinary shares that Newmont NOL Pty Limited (a subsidiary of Newmont Corporation) (Newmont) will be issued under the scheme of arrangement under Part 26 of the UK Companies Act 2006 pursuant to which Greatland Resources will become the holding company of Greatland Gold plc (Australian Secondary Offer, which together with the Australian Primary Offer, the Australian Offering).

    The Australian Secondary Offer is made by Bright SaleCo Limited (SaleCo), a special purpose vehicle incorporated to enable the potential Secondary Offer. No general offering is being made to the public in Australia. The Australian Offering is being made to (i) institutional investors in Australia, New Zealand and certain other eligible jurisdictions; and (ii) to Australian resident retail clients of participating brokers.

    The bookbuild for the Australian Offering is expected to close on Monday, 16 June 2025, prior to the opening of the AIM market in London.

    UK Retail Offer

    As announced by the Company on 2 June 2025, the Company is also conducting a separate offer made by the Company via the RetailBook platform to raise gross proceeds of up to 8 million euros to provide retail investors in the United Kingdom with an opportunity to subscribe for new ordinary shares in the Company at the final offer price determined through the bookbuild. The Joint Lead Managers and Co-Managers are not acting for the Company with respect to the UK Retail Offer.


 
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