StockMarketWire.com - Greatland Gold said it had raised £4.2m from a share issue to advance its exploration targets in the Paterson region of Western Australia state.
New shares were issued to institutional and high-net worth investors at 1.85p each.
The company had also issued warrants to subscribe for 225.8m new shares in the company at an exercise price of 2.5p per warrant, within a 24-month exercise period.
At 1:31pm: [LON:GGP] Greatland Gold PLC share price was 0p at 1.83p
Story provided by StockMarketWire.com
Shares Magazine

Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events

Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.