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Rockfire Resources Secures £2 Million for Molaoi Project Expansion

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Rockfire Resources Secures £2 Million for Molaoi Project Expansion

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An announcement from Rockfire Resources PLC ( (GB:ROCK) ) is now available.

Rockfire Resources PLC has raised £2 million through a strategic investment and placing of 2 billion new ordinary shares, with ACAM LP leading the investment by subscribing for half of the shares. The funds will be used to further develop the Molaoi project in Greece, which includes upgrading the zinc resource and establishing a maiden JORC resource for germanium, positioning Rockfire strategically in the mining industry.

More about Rockfire Resources PLC

Rockfire Resources PLC is a gold, base metal, and critical mineral exploration company, with a high-grade zinc/lead/silver/germanium deposit in Greece and a portfolio of gold/copper/silver projects in Queensland, Australia.

Average Trading Volume: 15,505,386

Technical Sentiment Signal: Sell

Current Market Cap: £3.41M

Learn more about ROCK stock on TipRanks’ Stock Analysis page.

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