Congratulations to the Greatland Gold PLC (GGP) team on the US$60m determination for the option price at which Newcrest can acquire an additional 5% interest in the Havieron JV.

The outcome represents a substantial uplift of over five-times compared to the price implied by the October 2021 Pre-Feasibility Study.

Sternship Advisers acted as financial adviser to Greatland.