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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.