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GreenRoc Mining PLC ( (GB:GROC) ) has shared an update.
GreenRoc Strategic Materials Plc has announced the exercise of warrants over 3,846,153 new ordinary shares, raising £76,923.06. This development will increase the company’s issued share capital to 274,464,939 ordinary shares, impacting the total voting rights and potentially influencing shareholder interest notifications. The move signifies GreenRoc’s ongoing efforts to strengthen its financial position and advance its strategic projects, particularly in the graphite sector, which is crucial for the EV market.
More about GreenRoc Mining PLC
GreenRoc Strategic Materials Plc is an AIM-quoted company focused on the development of critical mineral projects in Greenland, particularly the Amitsoq Graphite Project. The company aims to meet the demand from Electric Vehicle manufacturers in Europe and North America for high-grade, conflict-free graphite. Amitsoq is one of the highest-grade graphite deposits globally, and GreenRoc plans to establish a downstream processing operation to enhance its market offerings.
Average Trading Volume: 3,662,612
Technical Sentiment Signal: Buy
See more data about GROC stock on TipRanks’ Stock Analysis page.