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AEX Gold, Inc. ( (TSE:AMRQ) ) has shared an update.
Amaroq Minerals Ltd. has successfully closed a fundraising initiative, raising approximately £27.5 million through a combination of UK, Icelandic, and Canadian placements, resulting in the issuance of over 32 million new common shares. This capital will bolster the company’s working capital and fund activities such as resource expansion at Nalunaq, exploration at Nanoq, and investments in mining operations and green energy, positioning Amaroq for growth and operational optimization.
More about AEX Gold, Inc.
Amaroq Minerals Ltd. is an independent mining company with a significant land package of gold and strategic mineral assets located in Southern Greenland.
YTD Price Performance: 50.0%
Average Trading Volume: 35,378
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$658.2M
Find detailed analytics on AMRQ stock on TipRanks’ Stock Analysis page.
