Insights

Deal alert: GreenRoc plc

PKF supports admission to AIM

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We are delighted to have supported GreenRoc plc on their admission to trading on AIM.

GreenRoc plc has completed its admission to AIM and acquisition of the Greenlandic mining assets of Alba Mineral Resources. GreenRoc issued 111.2 million shares at 10p each with a market capitalisation of £11.1 million upon admission.

GreenRoc plc was established in March 2021 as a UK public limited company for the purpose of acquiring all of the Greenlandic mining assets of Alba Mineral Resources plc and progressing the exploration and development of those assets. The assets in question are the Thule Black Sands Ilmenite Project, the Amitsoq Graphite Project, the Melville Bay Iron Project and the Inglefield Multi-Element Project (together the “Greenland Projects”). 

It was a pleasure to support GreenRoc plc with its admission to the AIM market and look forward to supporting them as they continue to grow.
Adam Humphreys – Partner | PKF Littlejohn

PKF acted as reporting accountant on the transaction and the Capital Markets team included Dominic Roberts and Adam Humphreys.