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 […]
Tag: graphite
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 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% […]
Power Metal acquires first graphite project
Power Metal Resources plc has intensified its focus on specialist ‘battery metals’ by acquiring its first graphite project and forming a new UK private battery metals and minerals focused vehicle. DOERKSEN BAY The new project of Doerksen Bay covers 4,222 hectares and lies 230km northeast of La Ronge in Saskatchewan, Canada. The acquisition centres on five Saskatchewan mineral […]
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 […]