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GreenRoc Mining PLC ( (GB:GROC) ) just unveiled an announcement.
GreenRoc Strategic Materials Plc has announced the exercise of warrants, resulting in the issuance of 3,846,153 new ordinary shares and raising £76,923.06. This move will increase the company’s total issued share capital to 278,311,092 ordinary shares, impacting shareholder voting rights and potentially enhancing the company’s financial position to support its ongoing projects.
More about GreenRoc Mining PLC
GreenRoc Strategic Materials Plc is an AIM-quoted UK public company focused on developing the Amitsoq Graphite Project in Greenland. The company aims to supply high-grade, conflict-free graphite to Electric Vehicle manufacturers in Europe and North America. The Amitsoq Project is one of the highest-grade graphite deposits globally, with plans to produce active anode material for Li-batteries. GreenRoc has partnered with Morrow Batteries to establish a regional supply chain and has received ESG certification and a secured loan facility for its operations.
Average Trading Volume: 1,131,501
Technical Sentiment Signal: Buy
Find detailed analytics on GROC stock on TipRanks’ Stock Analysis page.