Greatland lodges replacement prospectus for subsidiary's ASX listing
Greatland Gold lodged a replacement prospectus on Friday for the proposed ASX listing of its subsidiary, Greatland Resources, following feedback from the Australian Securities & Investments Commission during a standard regulatory review.
The AIM-traded firm said the new filing replaced the original prospectus submitted on 23 May.
It said the revised document streamlined the presentation of certain business elements and included additional risk disclosures in the chair’s letter.
The company confirmed that the overall timetable for the listing, share offer, and associated scheme remained unchanged from the schedule announced on 23 May.
It said the timeline was still subject to court approval and remained open to adjustment.
At 1002 BST, shares in Greatland Gold were up 1.06% at 14.72p.
Reporting by Josh White for Sharecast.com.