GreenRoc Strategic Materials plc has submitted its application for an exploitation licence for Amitsoq graphite project in South Greenland. ENDORSEMENT Chief executive Stefan Bernstein said that the grant of the licence should be in months rather than years, since the Government of Greenland simplified the process in February. The company has also received “very positive […]
Tag: Amitsoq and Kalaaq deposits – Amitsoq graphite project – southern Greenland
GreenRoc advances Amitsoq production plans
GreenRoc Strategic Materials plc has submitting the project description as part of the exploitation licence process for the planned mine at Amitsoq in southern Greenland. SHIPPING Subject to final approval, public consultation is expected to take place this Autumn. Plans for a graphite active anode materials (AAM) production plant have also advanced with a letter […]
GreenRoc issues 2m shares to settle fees
GreenRoc Strategic Materials plc has issued 2,155,283 new ordinary shares to settle approximately £41,000 in fees. Following issue of the shares, GreenRoc’s total issued share capital will comprise 194,883,209 ordinary shares of 0.1 pence each, with voting rights. The company, previously called GreenRoc Mining plc, also began using it new name from today. Focused on graphite […]
GreenRoc raises £240,000 via placing
GreenRoc Mining plc has raised gross £238,311 by placing 13,239,499 new ordinary shares of 0.1 pence each, at a price of 1.8 pence per placing share, for its Amitsoq graphite project in Greenland. USES The company said that its founder and largest shareholder Alba Mineral Resources plc, an Alba non-executive director and the majority of […]
GreenRoc receives $3.5m LoI
GreenRoc Mining plc said it had received a letter of intent for up to US$3.5 million from the Export-Import Bank of the United States. APPLICATION Valid until 14 April 2025, the LoI shows the US EXIM Bank’s willingness to consider financing GreenRoc for US export contracts relating to goods and services ordered by the company. […]
GreenRoc extends graphite exploration licence
GreenRoc Mining plc has extended its exploration licence from 68 km2 to 114 km2 at Amitsoq, Greenland. EXTENSIVE The Government of Greenland approved the enlargement, which incorporates the remaining ground within the Nanortalik graphite district “known to host high-grade graphite mineralisation”. “We welcome the approval of our application to bring the highly prospective ground east of the […]