GreenRoc Mining plc has granted 300,000 share options at an exercise price of 10 pence over new ordinary shares to non-executive director (NED) Lars Brünner and independent NED Mark Rachovides. The company said that neither NEDs had previously been awarded share options. For each NED, 225,000 options are vested; 37,500 vest on 28 June 2023; […]
Tag: GreenRoc Mining plc
GreenRoc signs MoU for Amitsoq graphite mine and financing
GreenRoc Mining plc has signed a memorandum of understanding (MoU) to explore civil, mining and/or logistics work and commercial opportunities for the Amitsoq graphite project in southern Greenland. MINE CONSTRUCTION The company signed the MoU with construction and mining group Leonhard Nilsen & Sønner A/S (LNS) which is the potential sub-contractor during the construction and […]
GreenRoc Mining raises £550,000 via placing
GreenRoc Mining plc has raised £550,000 by placing 15,714,287 new ordinary shares of 0.1 pence each at a price of 3.5 pence per placing share. Following the issue of the placing shares, the company’s total issued share capital will be 134,314,288 ordinary shares of 0.1 pence each, with voting rights. USES GreenRoc will use net […]
GreenRoc Mining receives ERMA support Amitsoq
GreenRoc Mining plc has received support from the European Raw Materials Alliance (ERMA), managed by the EIT RawMaterials, for its Amitsoq graphite project in southern Greenland. INVESTMENT The consortium aims to secure raw materials and raw material supply chains for Europe to support industrial ecosystems within the European Union. GreenRoc said it had received a […]
GreenRoc Mining Phase II drilling nearly trebles MRE for Amitsoq graphite
GreenRoc Mining plc reported a near three-fold increase in the mineral resource estimate (MRE) at its 100%-owned Amitsoq Island graphite project in southern Greenland. FOCUS The 2023 MRE incorporates the results of the Phase II drilling programme completed in September 2022. The company has also decided to focus on progressing Amitsoq to production as quickly as […]
GreenRoc spheronised graphite tests 99.97% purity
GreenRoc Mining plc reported purity of 99.97%, exceeding electric vehicle industry requirements, from tests on spheronised graphite produced from its Amitsoq project in Greenland. ALKALINE TESTS Technical consultants ProGraphite GmbH conducted alkaline purification using sodium hydroxide to test a sample from the lower graphite layer (LGL), successfully spheronised last autumn. The purity requirement is 99.95% […]