Change of Adviser

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Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious and base metals exploration and development business, is pleased to announce that it has appointed SPARK Advisory Partners Limited (“SPARK”) as its Nominated Adviser with immediate effect. 

As part of the terms of its engagement, SPARK has been granted warrants to subscribe for 25 million new ordinary shares in the Company at an exercise price of 0.5p each for a period of two years. The warrants  are subject to an accelerator whereby in the event that Greatland shares trade for in excess of a ten day volume weighted average price of 1.5p or more, SPARK, following notification by the Company, has 7 days to exercise and a further 14 days to pay, otherwise the warrants will be cancelled.

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