Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has raised an additional £6.7 million (US$8.8 million), the maximum possible, from a retail share offer at 4.8p through Primary Bid.
The retail offer was taken up in full, Greatland added, with the money to be used alongside a US$325 million placing earlier in the week to buy the Havieron prospect and Telfer mine in Pilbara.
Because of the demand, allocation preference is being given to the existing shareholders said the statement.