Announcement PDF RNS Number : 6731K Alba Mineral Resources PLC 03 September 2021 Alba Mineral Resources plc ("Alba" or the "Company") Greenland Spin-Out IPO Release of Schedule One for GreenRoc Mining Plc Further to the announcements of 20 July and 31 August 2021 regarding the proposed divestment by Alba Mineral Resources plc (AIM: ALBA) of its Greenlandic mining assets into a separate AIM-quoted vehicle, the Company is pleased to announce the release today by AIM of a Schedule One announcement in respect of GreenRoc Mining Plc ("GreenRoc"), a link to which is provided here Schedule One - GreenRoc Mining Plc - 08:00:03 03 Sep 2021 - News article | London Stock Exchange. The Schedule One announcement provides at least ten business days' notice of the expected date of GreenRoc's admission to trading on AIM ("Admission"), and sets out certain prescribed information, including the following: - Gross funds expected to be raised on Admission: £5.12m - GreenRoc's expected market capitalisation on Admission: £11.1m - GreenRoc's Board: Kirk Adams (CEO), George Frangeskides (Non-Executive Chairman), Jim Wynn (Finance Director), Mark Austin, Lars Brunner and Mark Rachovides (NonExecutive Directors) - Expected date of Admission: mid-September 2021 As previously announced, in consideration of the divestment of its Greenlandic assets to GreenRoc, Alba is to receive GreenRoc shares valued at £6m on Admission, which shareholding is expected to represent 54.0% of the enlarged share capital of GreenRoc on Admission. This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement. Forward Looking Statements This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. For further information, please contact: Alba Mineral Resources plc George Frangeskides, Executive Chairman +44 20 3950 0725 Cairn Financial Advisers LLP (Nomad) James Caithie / Liam Murray +44 20 7213 0880 ETX Capital (Broker) Thomas Smith +44 20 7392 1494 Alba's Project and Investment Portfolio Project (commodity) Location Ownership Amitsoq (graphite) Greenland 100% Clogau (gold) Wales 90% Gwynfynydd (gold) Wales 100% Inglefield (copper, cobalt, gold) Greenland 100% Limerick (zinc-lead) Ireland 100% Melville Bay (iron ore) Greenland 100% TBS (ilmenite) Greenland 100% England 11.765% Mining Projects Oil & Gas Investments Horse Hill (oil) This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END MSCGRGDCSGGDGBX