Greatland Gold (GB:GGP) has released an update.
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Greatland Gold PLC has announced the successful close of its oversubscribed Retail Offer, raising approximately £6.7 million at 4.8 pence per ordinary share, following the earlier Placing conducted by Canaccord Genuity Limited. The funding round, which prioritized existing shareholders, will result in the issuance of 140,725,613 New Ordinary Shares, expected to start trading on AIM on 1 October 2024. This capital raise is conditional upon the approval of the upcoming General Meeting and the completion of the Placing.
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