GreenRoc Mining plc has raised £100,000 through the issue of 5,263,157 new ordinary shares at a price of 1.9 pence per share. The placing shares were issued in response to an offer to invest from an institutional shareholder. Following the issue of the placing shares, GreenRoc’s total issued share capital will consist of 192,727,926 ordinary […]
Tag: GreenRoc Mining plc
GreenRoc raises £110,000 via subscription
GreenRoc Mining plc has this week raised a further £110,000 via a subscription of a total 6,111,108 new ordinary shares of 0.1 pence each at a price of 1.8 pence per share. DIRECTORS/PDMRs The company’s directors, persons discharging managerial responsibilities, its largest shareholder Alba Mineral Resources plc and a number of Alba concert parties took […]
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 […]
GreenRoc to accelerate and expand Amitsoq
GreenRoc Mining plc aims to increase its graphite footprint and establish mining operations in southern Greenland following changes in the laws. APPLICATIONS Application for and grant of an exploitation licence can now be made before final approval of a project’s environmental and social impact assessments and an impact benefit agreement. The changes, introduced on 1 […]