Amitsoq Update

GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce details of the planned 2025 field programme for the Company's 100% owned Amitsoq Graphite Project in southern Greenland ("Amitsoq" or the "Project"). It also notes that the 35-day public consultation, which is part of the application process for an Exploitation Licence for Amitsoq, closed on 27 June 2025.

Details

Earlier this month, the Greenland Government approved the Company's plans for carrying out field work at Amitsoq during 2025. GreenRoc has now signed an agreement with HK Transport, a local contractor in Qaqortoq, South Greenland, to collect a 15-20t bulk sample of graphite ore from Amitsoq. The sample will be collected underground from the Lower Graphite Layer ore body in the historical mine workings. The work is anticipated to be completed by the end of September or early October 2025. The bulk sample will serve two main purposes: first, to obtain important information about rock mechanics and other ore characteristics to further develop the ore processing flow scheme; and second, to provide ore which can be processed into graphite concentrate for use in the Company's planned graphite anode materials pilot plant.

Other field work to be conducted this summer:

• In July, a team of geologists will visit some key sites of known graphite mineralisation outside of the Amitsoq project area in order to collect a series of samples. The potential for other critical raw materials will also be investigated.
• In August, the Company's ecological consultants, BioApp Aps, will continue the baseline studies which form an integral part of the Environmental Impact Assessment ("EIA") for the Project. This should mean that, at most, only a small supplementary collection of samples and analyses may be required in 2026 before the EIA can be concluded.

Finally, the 35-day public pre-consultation period, which is part of the Company's application for an Exploitation Licence, ended on 27 June 2025. A total of nine hearing replies have been received and translated to be available in both Greenlandic and Danish. The Company will now proceed to write up a White Book to present to the Greenland Government. For more information, please refer to the description of the process in the Company's RNS of 29 May 2025.

GreenRoc's CEO, Stefan Bernstein, commented:

"I'm happy to announce the summer's work programme at Amitsoq, which will provide us with both a lot of important data and a lot of graphite ore from Amitsoq. It is important to secure a substantial amount of ore from Amitsoq, as it will take time to process that into graphite concentrate and we want to have the material ready by the time we are ready with our planned pilot processing plant.

"It is also good to see the conclusion of the pre-consultation process, which is a core part of the application process for the Exploitation Licence for Amitsoq. We are eager to start writing up the White Paper and progress towards the final submission of the White Book and revised Project Description, and we remain hopeful the Exploitation Licence can be granted before the end of this year".