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Greatland Resources Ltd - Perth, Australia-based gold and copper miner - Announces the execution of an A$500 million corporate debt facility deal ‘with a Tier 1 lending syndicate of ANZ, ING, HSBC, NAB and Westpac.’ Says it has a net cash position exceeding A$1.20 billion, and that the debt facility provides significant liquidity for the development of its flagship Havieron gold-copper project. Facility comprises three tranches of A$250 million, A$225 million and A$25 million, respectively. Greatland says its former A$75 million facility has been cancelled, and its former A$25 million contingent instrument facility has been refinanced by the new one. Company has a market capitalisation of £4.95 billion on AIM. Also, Greatland says its board has approved the final investment decision to develop Havieron, and that substantive development will commence following the grant of certain secondary environmental approvals. Says its available liquidity exceeds A$1.70 billion, subject to the second tranche closing, which leaves it fully funded to deliver Havieron’s development. Current stock price: 721.00 pence 12-month change: up from 350.00p at June 23 Copyright 2026 Alliance News Ltd. All Rights Reserved.
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