GreenX Metals

[Anonymous No.57759648]

Company webpage: https://greenxmetals.com/

Many key people involved in this company are also involved in Sovereign Metals company that last year received investment from Rio Tinto. RIo Tinto is also no stranger to investing in Greenland.

VIDEO
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Presentation of company from Autumn in English:
https://www.youtube.com/watch?v=PoTk9ym98Bo


Arbitration with Poland:
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https://investmentpolicy.unctad.org/investment-dispute-settlement/cases/1104/prairie-v-poland

Damages of up to £737 million (A$1.3 billion/PLN 4.0 billion) have been claimed including the assessed value of GreenX's lost profits and damages related to both the Jan Karski and Debiensko coal mining projects, and accrued interest related to any damages

In July 2020, the Company announced it had executed the Litigation Funding Agreement (LFA) for US$12.3 million with Litigation Capital Management (LCM). The LFA is a limited recourse loan with LCM that is on a "no win - no fee" basis.

LCM won crushing majority of cases it was involved in
Their web page: https://lcmfinance.com/about-us/about-lcm/

MINING PROJECTS IN GREENLAND
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ARC Project
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5,774km2 licence prospective for copper and silver

+1kg native copper and silver (~99%Cu), extensive indications of regional fertility yet almost no prior exploration.

+Sulphide-hosted mineralisation of 2.15% Cu, 35.5g/t Ag over 4.5 m true width.

on Greenfields Explorations web page
https://www.gexpl.com/arc-project
on GreenX Metalspage:
https://greenxmetals.com/arc-project/

technical assessment:
https://www.gexpl.com/s/ARC_TechnicalAssessment_201118.pdf
mentions potential for Nickel and Platinum Metal Elements presence there

Eleonore North Project
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1,221km2 licence prospective for gold, antimony and tungsten

https://www.gexpl.com/eleonore-north

Seismic analysis results scheduled to be published in March