Alba Mineral Resources (GB:ALBA) has released an update.
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GreenRoc Mining Plc, a part of Alba Mineral Resources’ portfolio, has successfully raised £238,311 through a share placing to fund its critical mineral projects in Greenland, including the development of a graphite Active Anode Materials Plant. The financing round saw significant backing from Alba Mineral Resources and its management, with further funding anticipated post-audit results. The proceeds will enable GreenRoc to advance its purification methods, finalize ore beneficiation tests, and prepare for an exploitation license application in Greenland.
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