Greatland Gold’s (LSE:GGP,OTC Pink:GRLGF), which is based in Western Australia, is on track to pursue its cross-listing on the Australian Securities Exchange (ASX). In a press release issued on April 11, the company said that the proposed corporate reorganization will be affected through a UK scheme of arrangement.If the reorganisation is approved, Greatland Gold and its subsidiaries would fall under a new parent company called Greatland Resources that will be incorporated in Australia. The company would maintain its listing on the AIM, an LSE submarket that hosts smaller and growing companies.The ASX listing aligns with Greatland Gold’s position in the country, as its entire portfolio is located in Western Australia.The company enhanced that position significantly last year when it acquired a 70 percent interest in the Havieron gold-copper project and 100 percent interest in the Telfer gold-copper mine from Newmont…
