GreenRoc Mining plc has raised £315,000 through a discounted placing of 7 million new ordinary shares each at a price of 4.5 pence. DISCOUNT The placing price represents a discount of 13.5% to the closing price per GreenRoc ordinary share of 5.2 pence on 8 December 2022. It is also a discount of 7.1% to […]
Tag: graphite
GreenRoc accelerates Amitsoq graphite
GreenRoc Mining plc is advancing its Amitsoq graphite project with preparations for a range of studies, processing, sales and marketing. PLANT DESIGN The company has appointed ProGraphite in Germany as adviser on the technical and commercial aspects of graphite processing, sales and marketing with a focus on “battery grade graphite products”. GreenRoc also plans to […]
GreenRoc Mining in the process of defining a ‘graphite province’ at Amitsoq
GreenRoc Mining plc said it was in the process of defining a graphite province of possible global significance, following confirmation of historic graphite occurrences in four new zones at Amitsoq in Greenland. FIELD EXPLORATION Alongside Phase II drilling, the company conducted a field exploration campaign in July. GreenRoc collected grab samples from across the project […]
GreenRoc further doubles graphite ore at Amitsoq
GreenRoc Mining plc said that drilling had more than doubled the footprint of the ore deposit at its Amitsoq graphite project in southern Greenland. PHASE II The company, of which Alba Mineral Resources plc holds 54%, completed its Phase II drill on 17 September with 19 holes drilled for 2,844m. “All holes reached target depths […]
Alba receives £22,000 via warrant exercise
Alba Mineral Resources plc received £22,000 following notice to exercise warrants for 16,923,077 shares. The warrants have an exercise price of 0.13p per share and an expiry date of 4 September 2022. Following admission, the total number of ordinary shares in issue will be 6,621,568,996.
Alba losses rise following GreenRoc listing and increased exploration
Alba Mineral Resources plc recorded an increase in losses following the AIM listing of its investee company GreenRoc Mining and increased exploration activities. INTERESTS The company’s interim results for six months ended 31 May 2022 incorporate Alba’s subsidiaries operating in Wales (gold) and Limerick (lead and zinc) as well as investments in Greenland (graphite and […]