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Highlights

  • Greatland Resources raises GBP 6.7 million through full subscription of its RetailBook share offering.
  • The company’s shares is to begin trading on AIM from 23 June 2025 and on ASX from 24 June 2025.
  • The Company continues expansion with focus on Telfer and Havieron projects in Western Australia.

Greatland Resources Limited, based in Western Australia and operates several assets in the Paterson Province, including its 100% owned Telfer mine and the Havieron gold-copper development project, which is also wholly owned. Both sites are in the East Pilbara region and form the cornerstone of the company’s efforts to develop a long-term mining operation in the area.

Greatland Resources has announced the conditional completion of a GBP 6,686,165 capital raise through a retail offer of new ordinary shares via the RetailBook platform. The offer was previously announced on 2 June 2025 and has reached its full subscription capacity, which aligns with the EUR 8 million cap that exempts the company from publishing a UK prospectus.

The company confirmed that 2,115,875 new ordinary shares will be issued under this RetailBook Offer at a price of 316 pence per share. This price is the sterling equivalent of the rate determined through the Australian bookbuilding process, which was finalized and disclosed on 16 June 2025.

Application has been made for these shares to be admitted for trading on the London Stock Exchange’s AIM market, with trading expected to commence at 8:00 a.m. on 23 June 2025. The company also noted that the shares will be eligible for CREST settlement upon issuance.

In tandem with the UK market placement, Greatland Resources is preparing for a cross-listing on the Australian Securities Exchange (ASX). The same tranche of RetailBook shares and those issued under the Australian Offering are expected to begin trading on the ASX on 24 June 2025, with settlement expected to follow normal procedures.

The completion of the RetailBook Offer remains subject to conditions, including the court-sanctioned effectiveness of the company’s scheme of arrangement. Once issued, the RetailBook Shares will rank equally with existing shares.

The company has applied to be admitted to the Official List of the ASX as part of its dual-listing strategy. The move is expected to broaden investor access and align with its growing operational footprint within Australia.

This capital raise via RetailBook is expected to support ongoing activities at Telfer, Havieron, and across Greatland’s wider exploration portfolio.