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GreenX Metals Closes Purchase of Tannenberg Copper Project in Germany

MT Newswires·12/12/2025 05:39:13
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05:39 AM EST, 12/12/2025 (MT Newswires) -- GreenX Metals (GRX.L) said Friday it completed the acquisition of the Tannenberg copper project in Germany after exercising its option to buy 90% of Group 11 Exploration. The London-listed mineral exploration company issued 3,487,147 shares, valued at AU$3 million, to the German company, which holds the exploration licences for the site, under an earn-in deal signed in August 2024. The project's two exploration licenses cover a total area of 1,900 square kilometers.