Green Rock raises $300k in share placement

West Perth-based geothermal and mineral exploration company Green Rock Energy Ltd has raised $310,250 through a share placement, to be used for the company's working capital.

The placement, of over 4.4 million shares at 7 cents each, was with a number of major investors including 25 per cent shareholder Perilya Ltd.

Green Rock was assisted with the placement by RFC Corporate Finance.