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: ilmenite
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% […]
GreenRoc requests reanalysis of drill results from TBS ilmenite project
GreenRoc Mining plc said that its request for additional analytical work would delay drill results from its Thule Black Sands ilmenite project in Greenland. RESOURCE CALCULATION The results, expected during August 2021, are now due at the end of November. “An upper screening of 1.0mm was initially employed, excluding significant mass of potentially ilmenite-bearing material,” […]
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 […]
GreenRoc advances work for Amitsoq graphite and TBS ilmenite
GreenRoc Mining plc said it had started Phase II drilling at its Amitsoq graphite project and outlined field work for the summer/autumn programme at the Thule Black Sands ilmenite project in Greenland. AMITSOQ The company added that planned drilling at Amitsoq in southern Greenland is targeting one of the highest grade graphite deposits in the […]