GreenX Metals Ltd - developing Arctic Rift copper project in Greenland - Says arbitration hearings for claims against Poland now completed. Claims held against Poland under both the Energy Charter Treaty and the Australia-Poland Bilateral Investment Treaty. Damages of up to GBP737 million are claimed, including assessed value of GreenX's lost profit and damages related to Jan Karski and Debiensko projects. Says there is no specified date for an award to be rendered.

Chief Executive Officer Benjamin Stoikovish said: "We are pleased to have completed the arbitration hearing for both the BIT and ECT claims. There has been an enormous amount of time and effort put into the claim by our legal and management teams. We now look forward to the arbitral tribunal rendering the award in due course."

Current stock price: 29.15 pence, up 39%

12-month change: up from 12.50p

By Chris Dorrell; chrisdorrell@alliancenews.com

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