GreenRoc Mining PLC (GB:GROC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
GreenRoc Mining PLC, an AIM-listed company specializing in high-demand minerals in Greenland, has successfully raised £100,000 through the issuance of over 5 million new shares to an institutional investor. The company, which prides itself on owning one of the world’s highest-grade graphite deposits, expects the new shares to be tradeable by mid-June 2024. This financial boost is set to aid in the development of its critical mineral projects, aimed at advancing the electric vehicle supply chain in Europe and North America.
For further insights into GB:GROC stock, check out TipRanks’ Stock Analysis page.