GreenRoc Mining plc said it had received a letter of intent for up to US$3.5 million from the Export-Import Bank of the United States. APPLICATION Valid until 14 April 2025, the LoI shows the US EXIM Bank’s willingness to consider financing GreenRoc for US export contracts relating to goods and services ordered by the company. […]
Tag: GreenRoc Mining plc
GreenRoc extends graphite exploration licence
GreenRoc Mining plc has extended its exploration licence from 68 km2 to 114 km2 at Amitsoq, Greenland. EXTENSIVE The Government of Greenland approved the enlargement, which incorporates the remaining ground within the Nanortalik graphite district “known to host high-grade graphite mineralisation”. “We welcome the approval of our application to bring the highly prospective ground east of the […]
GreenRoc to accelerate and expand Amitsoq graphite
GreenRoc Mining plc aims to increase its graphite footprint and establish mining operations in southern Greenland following changes in the laws. APPLICATIONS Application for and grant of an exploitation licence can now be made before final approval of a project’s environmental and social impact assessments and an impact benefit agreement, thus reducing time for regulatory […]
GreenRoc graphite undergoes successful battery tests
GreenRoc Mining plc reported successful and “hugely pleasing” battery testing on graphite from Amitsoq in southern Greenland. FEASIBILITY STUDY The tests in Germany were the first for the lower graphite layer orebody from the project. GreenRoc said that the graphite “performed well” and was “very stable” with “no signs of damage or loss of capacity after several […]
GreenRoc increases fundraise to £535,786 with additional tranche placing
GreenRoc Mining plc has increased last week’s fundraise by £75,000 via an additional tranche placing of 3 million new ordinary shares of 0.1 pence each at a price of 2.5 pence per share. GreenRoc agreed to the additional tranche following a request from an existing shareholder who did not meet the book closing deadline for […]
GreenRoc Mining raises £460,790 via placing
GreenRoc Mining plc has raised £460,786 via a placing of 18,431,452 new ordinary shares each of 0.1 pence at a price of 2.5 pence per placing share. DIRECTORS’ DEALINGS Participants included chief executive officer Stefan Bernstein, non-executive chairman George Frangeskides and independent non-executive director Mark Rachovides, who each subscribed for 200,000 shares for £5,000. On […]