REG - Alba Mineral Resrcs. - Investee Company Update

Alba Mineral ResourcesAnnouncement

22/10/2025 07:02

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RNS Number : 2943E  Alba Mineral Resources PLC  22 October 2025

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
(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
(https://albamineralresources.com/link/yOOjdy)

 

For further information, please visit the Alba Mineral Resources plc investor
website (www.albamineralresources.com (http://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
(https://alba-l.investorhub.com/auth/signup) ) and visit @AlbaMinerals on X
(formerly Twitter).

 

 Alba Mineral Resources plc                 +44 20 3950 0725

 George Frangeskides, Executive Chairman
 SPARK Advisory Partners Limited (Nomad)    +44 20 3368 3555

 Andrew Emmott
 CMC Markets plc (Broker)                   +44 20 3003 8632

 Thomas Smith / Douglas Crippen

 

 

 

 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

 

 

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