22nd Oct 2025 07:01
Alba Mineral Resources plc / EPIC: ALBA / Market: AIM / Sector: Mining
22 October 2025
Alba Mineral Resources plc
("Alba" or the "Company")
Investee Company Update
GreenRoc secures EUR 5m Loan Facility
Alba Mineral Resources plc (AIM: ALBA), the gold and critical raw materials focused exploration and development company, is pleased to note today's announcement by its investee company GreenRoc Strategic Materials Plc ("GreenRoc") that it has signed a binding secured loan facility for EUR 5.2 million from the Export and Investment Fund of Denmark ("EIFO"), to be used for the financing of GreenRoc's work programmes both at the Amitsoq Graphite Mine in south Greenland and in relation to the establishment of a fully operational European pilot plant for the production of active anode material from Amitsoq graphite.
Alba has a 25.78% shareholding in GreenRoc.
The full text of the GreenRoc announcement, including a detailed summary of the terms and conditions of the loan facility, is available at: https://greenrocplc.com/regulatory-news.
Alba's Executive Chairman, George Frangeskides, commented:
"This financing agreement reached with the Danish Export and Investment Fund is the most important milestone for GreenRoc since its IPO in late 2021. Access to this funding will enable the company to make a major leap forward in the development of both the Amitsoq Mine and its downstream graphite processing capabilities and thereby create significantly enhanced shareholder value for Alba and all other GreenRoc shareholders."
*ENDS**
Engage with Alba by asking questions, watching video summaries and reading what other shareholders have to say. Navigate to our interactive Investor Hub here:
https://albamineralresources.com/link/yOOjdy
For further information, please visit the Alba Mineral Resources plc investor website (www.albamineralresources.com) and sign up to receive news and engage with the Alba management team. Subscribe to our news alert service (https://alba-l.investorhub.com/auth/signup) and visit @AlbaMinerals on X (formerly Twitter).
Alba Mineral Resources plc George Frangeskides, Executive Chairman | +44 20 3950 0725
|
SPARK Advisory Partners Limited (Nomad) Andrew Emmott | +44 20 3368 3555
|
CMC Markets plc (Broker) Thomas Smith / Douglas Crippen | +44 20 3003 8632
|
Alba's Projects & Investments
| ||
Projects Operated by Alba | Location | Ownership |
Clogau (gold) | Wales | 100% |
Dolgellau Gold Exploration (gold) | Wales | 100% |
Gwynfynydd (gold) | Wales | 100% |
Investments Held by Alba | Location | Ownership |
GreenRoc Strategic Materials Plc (graphite - anode) | Greenland | 25.78% |
Horse Hill (oil) | England | 11.765% |
Earn-in Projects | Location | Earn-in Rights |
Finnsbo (rare earths, copper, gold) | Sweden | Up to 100% |
Optioned Projects | Location | Further details |
Norrby (gold, other metals) | Sweden | RNS 6/11/24 |
Glava (copper, gold) | Sweden | RNS 6/11/24 |
Related Shares:
Alba Mineral Resources