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Greatland Gold (GGP) Shares Rise After Appointing New CFO

Updated: 8 Jul 2021

Greatland Gold (LON: GGP) shares are trading higher on Thursday after the company announced the appointment of a new chief financial officer.

Christopher Toon will take on the role, with Greatland saying that he has a “track record of overseeing the development of fast-growing mining businesses.”

Toon has held senior finance roles with several SGX and ASX listed businesses, including Sakari Resources Limited, Aquila Resources Limited, Iluka Resources Limited and most recently, with Sandfire Resources Limited.

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Commenting on his appointment, Toon said that “Greatland is regarded across Australia as one of the most exciting and dynamic companies in the natural resources sector. Underpinned by its world-class flagship asset, tier-one partner and exploration profile, the business is now entering a key growth phase and is well placed to scale at speed. I look forward to working with Shaun, the Board and the wider team to support these ambitious plans.”

Greatland Gold's CEO, Shaun Day, commented: “We are delighted to welcome Christopher as our new CFO. An experienced and respected operator, Christopher brings considerable expertise in guiding publicly quoted mining companies through periods of rapid growth and transformation.”

Greatland Gold's share price has climbed 4.38% to 18.58p following the announcement, although its shares are down 49.65% in 2021.

Should You Invest in Greatland Gold Shares?

After a fall from the $2,000 level, could gold be set for another run higher? If you're a gold investor, you won't want to miss out on these stocks… Find out why Greatland Gold shares made it onto our analysts pick for gold stocks to buy…

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