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AEX Gold ( (TSE:AMRQ) ) just unveiled an update.
Amaroq Ltd. has announced an extension and improved terms of its debt financing package with Landsbankinn hf., extending the maturity to February 2028 and enhancing financial flexibility with improved margins. The Nalunaq project in South Greenland is advancing in its commissioning and starting to generate revenue, which will further improve financing terms and reduce operating costs, supporting the company’s growth and financial stability.
More about AEX Gold
Amaroq Ltd. is an independent mine development corporation focused on the exploration and development of gold and strategic metal properties in South Greenland. The company’s principal asset is a 100% interest in the Nalunaq Gold mine, and it has a portfolio of gold and strategic metal assets in Southern Greenland, including advanced exploration projects for strategic metals such as copper, nickel, and rare earths.
Learn more about AMRQ stock on TipRanks’ Stock Analysis page.