GreenRoc Strategic Materials Regulatory News (GROC)

GreenRoc Strategic Materials Plc / EPIC: GROC / Market: AIM / Sector: Mining

04 April 2025

GreenRoc Strategic Materials Plc

("GreenRoc" or the "Company")

GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce the launch of a new, interactive investor website. For both existing and prospective shareholders, the website brings all GreenRoc content into a single integrated platform to better inform and engage with investors and stakeholders, including:

● Regulatory announcements

● Reports

● Presentations

● Educational material

● Interviews

● Corporate research

The updated site, the address of which remains unchanged (https://greenrocplc.com/), also provides an interactive online experience allowing the GreenRoc stakeholders to comment on and ask the GreenRoc team questions via a portal which will be monitored and responded to in a timely manner.

How to sign up for the GreenRoc investor website:

1. Visit https://greenrocplc.com/

2. Follow the prompts to sign up for an investor hub account

3. Complete your account profile

Stefan Bernstein, Chief Executive Officer, commented:

"Our new website is designed to be a dynamic hub for current and prospective investors in GreenRoc, providing them with clear, timely insights into our projects, strategic direction and progress. By adopting this interactive platform, we aim to strengthen transparency and deepen our engagement with shareholders. We encourage everyone to follow our updates, and stay connected as we continue to grow and deliver on our mission to become a key producer of graphite active anode material for the European battery industry."

To view an additional video and the chance to have your questions directly answered by the management team, please head to the website via: https://greenrocplc.com/link/aP3mke. Here you will find all company news and additional content to further explain GreenRoc's strategy.

*ENDS*

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About GreenRoc

GreenRoc Strategic Materials Plc is an AIM-quoted company, which is led by a group of highly experienced mining industry professionals. The Company is focused on fast-tracking the Amitsoq Graphite Project in Greenland into a producing mine to meet critical demand from Electric Vehicle ('EV') manufacturers in Europe and North America for new, high grade and conflict-free sources of graphite. Amitsoq is one of the highest-grade graphite deposits in the world with a combined Measured, Indicated and Inferred JORC Resource of 23.05 million tonnes (Mt) at an average grade of 20.41% graphite, giving a total graphite content of 4.71 Mt, and significant further upside beyond this. Test work has proven that Amitsoq graphite can be readily upgraded to high-grade, anode-quality graphite, with higher than 99.95% purity and relatively little energy input, boding well for future production costs and sustainability commitments.

A Preliminary Economic Assessment released on 31 October 2023 gives a post-tax NPV8 for the Project of US$179M, an IRR of 26.7% and capex estimated at US$131M (including a 25% contingency). These figures solely relate to the economics of a mining and primary processing operation in South Greenland and do not take into account any potential upside from a downstream processing operation, which GreenRoc intends to establish. A Feasibility Study into the establishment of a graphite spheronisation processing plant (published in May and July 2024) shows a post-tax NPV8 for the project of US$621M, an IRR of 26.5% and capex estimated at US$340M (including a 25% contingency). The Company has signed a Letter of Intent to secure an area for the Company's future Active Anode Materials Plant in Southern Norway and has received expressions of support from the European Raw Materials Alliance and the US EXIM Bank for future development. In November 2024, GreenRoc and Morrow Batteries a/s, a Norwegian Gigafactory signed a MoU to work together on a regional supply chain of battery anode material and the Company received a Letter of Interest from the Export and Investment Bank of Denmark (EIFO) in January 2025.

GreenRoc also has the Thule Black Sands Ilmenite Project ('TBS') in Greenland, which has an initial Mineral Resource of 19Mt at 43.6% Total Heavy Minerals with an in-situ ilmenite grade of 8.9%.