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Greatland Resources Issues New Shares on Conversion of Unquoted Securities

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Greatland Resources Issues New Shares on Conversion of Unquoted Securities

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Greatland Resources ( (GB:GGP) ) just unveiled an announcement.

Greatland Resources Limited has notified the ASX of the issue of 369,280 new fully paid ordinary shares following the exercise or conversion of previously unquoted options or other convertible securities. The move modestly increases the company’s share capital and reflects the realisation of value from existing incentive or financing instruments, slightly diluting existing shareholders while potentially strengthening the balance sheet and aligning stakeholder interests through expanded equity participation.

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