GreenRoc Strategic Materials plc has been granted an exploitation licence for its Amitsoq graphite mine project, a hundred years after its closure, in southern Greenland. ASSESSMENTS The Government of Greenland awarded the 30-year permit for graphite at Piiaaffik Amitsoq, the placename for the deposit. The company’s local subsidiary, Greenland Graphite a/s, is currently preparing project […]
Tag: GreenRoc Strategic Materials plc
GreenRoc increases issued share capital
GreenRoc Strategic Materials plc has issued 961,538 new ordinary shares of 0.1 pence each in the company following an exercise of warrants, at two pence each, for £19,230.76. TVRs The warrant exercise follows that on 7 November of 3,846,153 new ordinary shares, at the same value and exercise price, for £76,923.06. Following admission, the company’s issued share […]
GreenRoc secures €5m loan for Amitsoq
GreenRoc Strategic Materials plc has agreed up to a €5.2 million loan for its Amitsoq graphite mine in south Greenland and an active anode material (AAM) pilot plant in Denmark. RESOURCE The binding secured loan from the Export and Investment Fund of Denmark (EIFO), available to draw down during the first two years, is repayable […]
GreenRoc issues 3.8m new shares
GreenRoc Strategic Materials plc has issued 3,846,153 new ordinary shares of 0.1 pence each in a warrants exercise at 2p per warrant share, for £76,923.06. Following admission, the company’s issued share capital will comprise 274,464,939 ordinary shares each of 0.1p each, with voting rights. GreenRoc holds licences for graphite at Amitsoq and ilmenite at Thule Black Sands, […]
GreenRoc plans bulk sampling at Amtisoq
GreenRoc Strategic Materials plc aims to collect a 15 to 20 tonne bulk sample during an approved summer field programme at its Amitsoq graphite project in southern Greenland. PLANT Local firm HK Transport in Qaqortoq, will collect the sample underground from the Lower Graphite Layer ore body in the historical mine workings. The work is […]
GreenRoc marks EU strategic status for Amitsoq
GreenRoc Strategic Materials plc said that its Amitsoq graphite property in Greenland has been granted ‘strategic project’ status by the European Commission. RECOGNITION The designation comes under the European Union’s Critical Raw Materials Act and covers the extraction of graphite and processing of graphite concentrate into anode active material (AAM). GreenRoc said that the status […]