Congratulations to Greatland Gold on acquiring 100% ownership of the Havieron project and Telfer mine from Newmont.

Greatland entered into a binding agreement with Newmont to acquire the target assets for total consideration of up to US$475m comprising cash, loan repayment, shares and deferred cash consideration. In connection with the acquisition, Greatland conducted a c.US$325m equity raising.

The acquisition of Havieron and Telfer is a highly accretive and strategically compelling transaction that has the potential to deliver material value to Greatland’s shareholders. The consolidation provides Greatland the opportunity to control the integration and optimisation of the combined assets, with the objective of creating a generational Australian gold-copper mining complex.

Sternship Advisers is pleased to have acted as Co-Lead Manager in connection with the equity raising. Congratulations to Shaun Day, Rowan Krasnoff and the broader Greatland team.
https://greatlandgold.com/