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GGP Greatland Gold Plc

5.60
-0.14 (-2.44%)
Last Updated: 09:45:53
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Greatland Gold Plc LSE:GGP London Ordinary Share GB00B15XDH89 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.14 -2.44% 5.60 5.50 5.70 5.85 5.60 5.85 4,208,114 09:45:53
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -21.12M -0.0041 -14.02 292.7M

Greatland Gold Shares Up After Pact with Newmont on Ernest Giles Project

16/05/2017 9:11am

Dow Jones News


Greatland Gold (LSE:GGP)
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By Razak Musah Baba

 

LONDON--Greatland Gold PLC (GGP.LN) shares rose in early trade Tuesday after the company said it has agreed to allow Newmont Exploration Pty Ltd., access to its Ernest Giles project in central Western Australia for a period of six months.

The precious and base metals exploration and development company said it has entered into an agreement with Newmont by granting Newmont access to the Ernest Giles project tenements and exploration database.

The company has also granted Newmont the right of first refusal should Greatland wish to sell or joint venture the Ernest Giles project during that six month period.

Greatland Gold shares at 0740 GMT traded up 0.05 pence or 16% at 0.37 pence, valuing the company at GBP6.6 million.

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

May 16, 2017 03:56 ET (07:56 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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