GreenRoc Strategic Materials plc has raised £735,000 via a 31.57% discounted placing and subscription for a total 56,538,462 new ordinary shares at 1.3 pence per share. DIRECTORS’ DEALINGS The fundraise comprises a placing of £500,000 from institutional investors, £165,000 from existing shareholders, £50,000 from its largest shareholder Alba Mineral Resources plc and £17,500 from directors […]
Tag: GreenRoc Strategic Materials plc
GreenRoc receives financing interest for Amitsoq
GreenRoc Strategic Materials plc has received a non-binding letter of interest from the Danish national promotional bank and export credit agency to help fund the Amitsoq graphite project in South Greenland. CONSTRUCTION Potential financing from the Export and Investment Fund of Denmark (EIFO) would be used to buy equipment and services from suppliers including FLSmidth […]
GreenRoc signs MoU with Morrow
GreenRoc Strategic Materials plc has signed a memorandum of understanding to collaborate and develop graphite active anode material (AAM) for batteries with Norwegian company Morrow Batteries ASA. FOUNDATION The company said it had also started the process of establishing a Norwegian-registered subsidiary, NorGraph AS, focused on work related to production of AAM for batteries. GreenRoc, […]
GreenRoc applies for Amitsoq exploitation licence
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 […]
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 […]