GreenRoc Strategic Materials plc has drawn down €2 million (£1.7m) in the third tranche from a convertible loan to advance its Amitsoq graphite deposit in Greenland. DRILLING The 2025 funds from the Export and Investment Fund of Denmark (EIFO) will also progress the active anode material pilot plant located in Hørsholm, Denmark. The company will […]
Tag: drawdown
Critical Mineral issues 56.9m shares for funding
Critical Mineral Resources plc has issued 56,896,552 new ordinary shares at a price of 1.45 pence per share, as part of the second tranche investment by Gilini Holdings Ltd. MOROCCO Critical Mineral secured the overall £2.5 million investment in March 2025 and was due to receive the second tranche of £1,325,000 during Q2 2025. Following […]
Sunda completes $1.5m drawdown for Chuditch
Sunda Energy plc has completed the conversion of the first tranche loan notes and issued warrants for a US$1.5 million drawdown. TVRs The three investors initially subscribed on 13 May and on 16 May converted all of the outstanding balance of their loan notes into ordinary shares of 0.025 pence each, at a 15% discounted […]