Trading in Amaroq Minerals Ltd (“AMRQ2”) (former AEX Gold Inc.) commenced last week on Nasdaq’s First North Growth Market Iceland.

The listing on First North Iceland took place in relation to a total fundraising of £30m (C$ 47m) raised in London and Iceland to accelerate development of the company’s cornerstone Nalunaq gold project and gold portfolio assets. This is in addition to £18m raised earlier this year via a joint venture agreement to fund exploration activities across the company’s strategic minerals portfolio.

Nuna Law is very pleased to have acted as local counsel to Amaroq Minerals Ltd. in relation thereto.

Amaroq Minerals holds the Nalunaq gold project, an exploration portfolio of gold and strategic metal assets covering 7,866.85 km2, the largest mineral portfolio in Southern Greenland covering the two known gold belts in the region. The company is listed on AIM (London), the TSX Venture Exchange (Toronto) and now on Nasdaq’s First North Growth Market Iceland.

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