Shares in GreenRoc Mining PLC (AIM:GROC) Kirk Adams (CEO) joins Proactive London for the company’s first day of trading on the AIM-market of the London Stock Exchange.
The firm raised £5.12mln through a 10p per share placing in connection with the listing. They are focused on the development of mining projects in Greenland, with a portfolio of 100% owned projects.
These projects were aquired from Alba Mineral Resources PLC (AIM:ALBA), including the Amitsoq graphite project, the Thule Black Sands iIlmenite project, Melville Bay iron project and the Inglefield multi-element project.
Adams is keen to seize upon future demand to fuel the electric vehicle (EV) sector with graphite and titanium both designated as critical minerals by the EU and the US for this purpose.