Director Share Purchase

RNS Number : 5734Z

Greatland Gold PLC

27 May 2016

 

27 May 2016

Greatland Gold plc

("Greatland Gold" or "the Company")

Director Share Purchase

Greatland Gold plc (LON:GGP), the London Stock Exchange AIM quoted precious and base metals exploration and development business, has been informed today that Paul Johnson, Non-Executive Director of Greatland Gold, has today purchased 1,500,000 ordinary shares of 0.1 pence each ("Ordinary Shares") in the Company at an average price of 0.316 pence per share.

Following this purchase, Paul and Michelle Johnson (Paul Johnson's spouse) together have a beneficial interest in 85,000,000 Ordinary Shares, representing 5.72 per cent of the issued share capital of the Company.

Paul Johnson is also a director and shareholder of Metal Tiger Plc, which has a beneficial interest in 150,000,000 Greatland Gold Ordinary Shares, representing 10.1 per cent of the issued share capital of the Company.

Enquiries:

Greatland Gold PLC

Callum Baxter / Andrew Bell

Tel [phone]

Email:  [e-mail]

www.greatlandgold.com

Grant Thornton UK LLP (Nominated Adviser)

Colin Aaronson / Richard Tonthat / Daniel Bush

Tel [phone]

SI Capital Limited (Broker)

Nick Emerson / Andy Thacker

Tel  [phone]

Finsbury (Media Relations)

Gordon Simpson / Olivia Simpson

Tel [phone]

Notes for Editors:

Greatland Gold plc is London quoted natural resource exploration and development company with a current focus on gold and nickel exploration projects.  

The Company has four main projects; two situated in Western Australia and two in Tasmania.  All projects are 100% owned by Greatland.  

Greatland is seeking to identify large mineral deposits in areas  that have not been subject to extensive exploration previously.  It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.

The Company is also actively investigating a range of new opportunities in precious and strategic metals and will update the market on new opportunities as and when appropriate.

 

END

 

 

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