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General mining & base metals

Greatland Resources to launch retail share offer in UK

Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has announced a retail offer of shares in the UK, alongside its new Australian IPO.

UK-based investors can subscribe for shares via RetailBook, with a minimum subscription of £250.

Investors can invest via AJ Bell, Hargreaves Lansdown, and interactive investor, and the shares are eligible for ISAs and SIPPs. If the retail offer is oversubscribed, the company intends to prioritise allocations to existing shareholders.

Pricing will be aligned to the Australian equity raise, once the Australian bookbuild process is complete.

Greatland previously announced its plan to add a listing in Australia, and the company expects the ASX listing will enhance its capital markets profile, facilitate increased equity research and institutional ownership to support greater liquidity, and create greater flexibility to pursue its growth strategy.