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 received a binding warrant conversion notice from Metal Tiger plc for the conversion of 50,000,000 warrants at price of 0.2p per share for a total amount of £100,000.
As a result of this warrant conversion, 50,000,000 new ordinary shares are expected to be admitted to trading on or around 06 February 2017 (“Admission”).
Following Admission the total issued share capital of the Company will consist of 1,681,349,845 ordinary shares. As such the total number of voting rights in the Company will be 1,681,349,845 ordinary shares. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure and Transparency Rules.
The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
Gervaise Heddle, Chief Executive Officer, commented: ‘We sincerely appreciate the ongoing support of Metal Tiger. Greatland and Metal Tiger continue to work closely together as we review new projects and possible collaboration opportunities as part of our New Venture Collaboration announced on 10 November 2016.’