GreenRoc Mining plc has raised £18,000 before costs by placing 400,000 new ordinary shares at 4.5 pence per share in a broker option announced earlier in December. BROKER OPTION The broker option, which closed on 22 December, was for those existing shareholders and other investors who had no opportunity to participate in a placing conducted […]
Tag: GreenRoc Mining plc
GreenRoc 2022 drilling confirms consistent high grade graphite intersections at Amitsoq
GreenRoc Mining plc said that completion of its Phase II drilling programme confirmed consistent high-grade graphite intersections at its flagship Amitsoq project in South Greenland. MINEABLE WIDTHS The company, which began Phase II in June 2022, has given the results to the independent competent person for a revised mineral resource assessment, expected in January 2023. Results show […]
GreenRoc Mining raises £315,000 via discounted placing
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 […]
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 tests confirm Amitsoq graphite suitable for EV batteries
GreenRoc Mining plc’s latest test programme confirmed that its Amitsoq graphite is suitable for refining into spherical graphite used to manufacture electric vehicle (EV) batteries. SPHERICAL GRAPHITE Spherical graphite is used in the production of the anode material in EV batteries. “The anode sector is the fastest growing market for graphite and the ability 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 […]