Greatland Gold (LSE:GGP)
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RNS Number : 5126Z

Greatland Gold PLC

27 May 2016

27 May 2016

Greatland Gold plc

("Greatland Gold" or "the Company")

Appointment of Director

Greatland Gold plc (LON:GGP), the London Stock Exchange AIM quoted precious, base and strategic metals exploration and development company is pleased to announce the appointment of Gervaise Heddle as a Non-Executive Director of Greatland Gold with effect from today's date.

After obtaining degrees in Economics (Honours) and Arts (Jurisprudence) at the University of Adelaide, and qualifying as a CFA charterholder, Gervaise worked as an investment analyst before becoming a Director of Merrill Lynch Investment Managers and a Division Director of Macquarie Bank. As Founder and Managing Director of Bletchley Economics, he is well known as an economics commentator and provides investment consulting services. This wide experience of law, accounting, business, economics and investments, with significant resource sector exposure, brings a valuable new dimension to the board.

Andrew Bell, Chairman of Greatland Gold commented: "We are delighted to have Gervaise Heddle join the board of Greatland Gold and we look forward to drawing on his insight and diverse business experience as we continue the process of building the Company into a substantially larger and more diverse resource business.

Greatland Gold is currently focused on projects in Western Australia and Tasmania, and as Gervaise is a resident of Australia he is well placed to provide support to Executive Director Callum Baxter in-country. This teamwork approach will be crucial as we begin to implement our plans to further our Australian interests and potentially augment existing interests with a number of new opportunities currently under consideration.

Investors should be aware that Greatland Gold is moving into a highly proactive phase and following launch of the drilling campaign at Bromus shortly, we anticipate a number of new initiatives will be undertaken and announced to market."

Gervaise Robert John Heddle (aged 43) is, or has been, a director or partner of the following companies or partnerships during the past five years:

 
 Current directorships   Past directorships and partnerships 
  and partnerships 
 Bletchley Economics     Ares Capital Management 
                          Pty Limited 
                        ------------------------------------ 
                         Ares Capital Management 
                          International Pty Limited 
                        ------------------------------------ 
                         Macquarie Alternative Property 
                          Holdings Pty Limited 
                        ------------------------------------ 
                         Macquarie Investment Management 
                          Australia Limited 
                        ------------------------------------ 
                         MQ Capital Pty Limited 
                        ------------------------------------ 
                         MQ Specialist Investment 
                          Management Limited 
                        ------------------------------------ 
                         Macquarie Income Investments 
                          Pty Limited 
                        ------------------------------------ 
 

Award of Director Options

As part of the terms of his appointment, Gervaise Heddle will be awarded options over 25 million ordinary shares of 0.1 pence each in the capital of Greatland Gold at an exercise price of 0.50 pence per share and with a three year exercise period to expiry, from today's date.

Gervaise Heddle holds no shares in the Company. There are no further disclosures required in accordance with Schedule Two paragraph (g) of the AIM Rules for Companies.

Enquiries:

Greatland Gold PLC

Callum Baxter / Andrew Bell

Tel +44 (0)20 7747 9980

Email: info@greatlandgold.com

www.greatlandgold.com

Grant Thornton UK LLP (Nominated Adviser)

Colin Aaronson / Richard Tonthat / Daniel Bush

Tel +44 (0)20 7383 5100

SI Capital Limited (Broker)

Nick Emerson / Andy Thacker

Tel +44 (0)14 8341 3500

Finsbury (Media Relations)

Gordon Simpson / Olivia Simpson

Tel +44 (0)20 7251 3801

Notes for Editors:

Greatland Gold plc is London listed (LON:GGP) 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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 27, 2016 03:15 ET (07:15 GMT)